Push to Talk Market Report 2021-2031 | Trends and Top Players
The push to talk market size is projected to reach US$ 81.53 billion by 2031 from US$ 34.52 billion in 2023. The market is expected to register a CAGR of 11.3% in 2023–2031. The growing demand for network devices, wireless devices, and software is likely to remain a key push to talk market trends.
Push to Talk Market Analysis
The push to talk market is growing at a rapid pace due to the growing adoption of rugged and ultra-rugged smartphones and the rising adoption of hybrid communication solutions. The market is expanding steadily, driven by the increasing investment by the public sector for the installation of digital land mobile radio (LMR) systems. Moreover, the development of long-term evolution (LTE) network-based push to talk solutions and the evolution of 5G technology are providing lucrative opportunities for market growth.
Push to Talk Market Overview
Push to talk (PTT) allows users to communicate instantaneously with wireless cellular phone handsets by switching from voice transmission to voice reception. This form of phone use is similar to walkie-talkie usage. Push to talk enables one person to speak at a time while transitioning a phone from full duplex mode, in which both parties can hear each other simultaneously, to half duplex mode. There may be more than one person in the conversation. Users use push to talk applications on their cell phones to serve as walkie-talkies. These apps do not require any additional rights or licensing, and consumers can install them on their smartphones just like any other program. Users can also use this to converse with iOS or Android phones. A variety of new trends are driving the evolution of technology. Growing security concerns, interoperability, and seamless integration with other communication technologies are driving the market.
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Push to Talk Market: Strategic Insights
Push to Talk Market
-
CAGR (2023 - 2031)
11.3%
-
Market Size 2023
US$ 34.52 Billion
-
Market Size 2031
US$ 81.53 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Adoption of Rugged and Ultra-Rugged Smartphones
FUTURE TRENDS
- The growing demand for network devices, wireless devices, and software
OPPORTUNITIES
- Development of Long-Term Evolution (LTE) Network-based Push to Talk Solutions
Key Players
- AT T Intellectual Property
- Qualcomm Incorporated
- Verizon Communications Inc
- Zebra Technologies Corporation
- Sprint Corporation
- Telstra Corporation Limited
- Motorola Solutions Inc
- Tait Communications
- Iridium Communications Inc
- BCE Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Hardware
- Software
- Services
Enterprise Size
- Large Enterprises
- SMEs
Network Type
- Land Mobile Radio
- Cellular
End-user
- Government
- Defense
- Transportation
- Logistics
- Travel
- Hospitality
- Energy
- Utilities
- Construction
- Manufacturing
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Push to Talk Market: Strategic Insights
-
CAGR (2023 - 2031)11.3% -
Market Size 2023
US$ 34.52 Billion -
Market Size 2031
US$ 81.53 Billion
Market Dynamics
- Growing Adoption of Rugged and Ultra-Rugged Smartphones
- The growing demand for network devices, wireless devices, and software
- Development of Long-Term Evolution (LTE) Network-based Push to Talk Solutions
Key Players
- AT T Intellectual Property
- Qualcomm Incorporated
- Verizon Communications Inc
- Zebra Technologies Corporation
- Sprint Corporation
- Telstra Corporation Limited
- Motorola Solutions Inc
- Tait Communications
- Iridium Communications Inc
- BCE Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Hardware
- Software
- Services
- Large Enterprises
- SMEs
- Land Mobile Radio
- Cellular
- Government
- Defense
- Transportation
- Logistics
- Travel
- Hospitality
- Energy
- Utilities
- Construction
- Manufacturing
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Push to Talk Market Drivers and Opportunities
Growing Adoption of Rugged and Ultra-Rugged Smartphones are Driving the Market
Rugged and ultra-rugged smartphones are becoming increasingly popular among consumers across the globe due to the growing demand for robust, dependable, and resilient mobile devices. Rugged and ultra-rugged smartphones are highly demanded by numerous industries, including government and defense, transportation and logistics, energy and utilities, construction, manufacturing, and others, to seamlessly operate in harsh environments. The growing integration of push to talk functionality in rugged and ultra-rugged smartphones makes them indispensable tools for professionals and adventurers operating in harsh conditions. These factors are anticipated to fuel the market during the forecast period.
Development of Long-Term Evolution (LTE) Network-based Push to Talk Solutions - An Opportunity in the Push to Talk Market
Enterprises are increasingly using advanced LTE networks to implement push to talk solutions, which is expected to create opportunities in the market during the forecast period. The introduction of LTE networks in mobile communication has replaced land-mobile radio (LMR) communication technology. Several organizations are implementing LTE networks to enhance communication. This adoption has begun the creation of a massive bandwidth architecture that can support mission-critical push to talk, push-to-locate, push-to-message, and push-to-alert communication services. Furthermore, industries such as public safety, government & defense, transportation & logistics, and others are incorporating LTE-powered solutions into their varied business applications to boost workers' productivity and efficiency, optimize their workflow, and minimize corporate hardware costs.
However, the growing implementation of wireless technologies such as WLAN and LTE in push to talk devices enhances effective communication in larger areas. This is boosting demand for cost-effective LTE network-powered push to talk solutions.
Push to Talk Market Report Segmentation Analysis
Key segments that contributed to the derivation of the push to talk market analysis are component, enterprise size, network type, and end-user.
- Based on component, the push to talk market is divided into hardware, software, and services. The hardware segment held a larger market share in 2023.
- On the basis of enterprise size, the market is segmented into large enterprises and SMEs. The large enterprises segment held a larger market share in 2023.
- Based on network type, the push to talk market is divided into land mobile radio and cellular. The land mobile radio segment held a larger market share in 2023.
- In terms of end-user, the push to talk market is categorized as government and defense, transportation and logistics, travel and hospitality, energy and utilities, construction, manufacturing, and others. The land mobile radio segment held a larger market share in 2023.
Push to Talk Market Share Analysis by Geography
The geographic scope of the push to talk market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In terms of revenue, the North America market accounted for the largest push to talk market share, owing to the presence of telecom service providers and proof-of-concept vendors such as Motorola Solutions and AT&T Intellectual Property and increased penetration of core communication technologies. The rising consumer need for cost-effective and efficient solutions is driving the market. The market in the US is projected to expand in the near future due to the growing adoption of push to talk solutions in a variety of end-use industries, including government and defense, public safety, healthcare, and others.
Push to Talk Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 34.52 Billion |
Market Size by 2031 | US$ 81.53 Billion |
Global CAGR (2023 - 2031) | 11.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Push to Talk Market News and Recent Developments
The push to talk market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for push to talk and strategies:
- In February 2023, Mobile Tornado plc today announced the go-to-market launch of the world’s first push-to-talk over cellular (PTToC) platform with integrated workforce management technology. PTToC platform uses cellular and broadband networks to provide always-on, instant communications for mission-critical requirements in challenging environments. It has been deployed in more than 30 countries worldwide with mobile network operators, government agencies, and enterprises in Europe, the Middle East, Africa and the Americas. (Source: Mobile Tornado plc, Press Release, 2023)
Push to Talk Market Report Coverage and Deliverables
The “Push to Talk Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Enterprise Size, Network Type, End-user
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The incremental growth expected to be recorded for the global push to talk market during the forecast period is US$ 47.01 billion.
The global push to talk market is expected to reach US$ 81.53 billion by 2031.
The key players holding majority shares in the global push to talk market are AT&T Inc., Qualcomm Incorporated, Verizon Communications Inc., Zebra Technologies Corporation, Sprint Corporation, and Telstra Corporation Limited.
The growing demand for network devices, wireless devices, and software to play a significant role in the global push to talk market in the coming years.
The growing adoption of rugged and ultra-rugged smartphones and the rising adoption of hybrid communication solutions are the major factors that propel the global push to talk market.
The global push to talk market was estimated to be US$ 34.52 billion in 2023 and is expected to grow at a CAGR of 11.3% during the forecast period 2023 - 2031.