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The latest report by IMARC, titled “ Push-to-TalkOverCellularMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandFore cast2023-2028
” " the global push-to-talk over cellular market reached a value of US$ 4.6 Billion in 2022.
Push-to-talk over cellular (PoC) is a combination of smartphone and radio technology in a device. It is a modern communication solution that facilitates two-way communication via data networks. It involves the utilization of wireless network devices, including walkie-talkies and smartphones, that provide an unlimited network range.
In comparison to the conventional land mobile radio (LMR) system, it is convenient to use without connectivity problems, such as interference and drop-outs. The demand for PoC is rising across the globe due to the development of large bandwidth architecture that supports push-to-message, pushto-locate and push-to alert communication services.
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The global market is primarily driven by significant growth in the telecommunications industry. Along with this, continual technological advancements in wireless networks are creating a positive market outlook. Additionally, the increasing investments by public and private agencies for improving the public safety communications channels are impacting the market favorably. Moreover, the rising adoption of PoC by disaster management agencies of several countries during the onset of the coronavirus disease (COVID-19) has provided an impetus to the market growth. Due to the growing incidences of border conflicts, there has been a considerable rise in the utilization of PoC solutions on the global level.
Furthermore, the widespread integration of the Internet of Things (IoT) and artificial intelligence (AI) with PoC systems is significantly supporting its demand across multiple industrial verticals. Other factors, including rapid urbanization, the penetration of high-speed internet connectivity and extensive research and development (R&D) activities conducted by key players, are also influencing the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 8.2 Billion by 2028, exhibiting a CAGR of 9.9% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
BreakupbyConnectivityType:
• 3G
• 4G
• Wi-Fi
• Others
BreakupbyComponent:
• Equipment
• Software
• Services
BreakupbyApplication:
• Public Safety and Security
• Construction
• Energy and Utility
• Transportation and Logistics
• Manufacturing
• Government and Defense
• Travel and Hospitality
• Others
BreakupbyRegion:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• AT&T Inc
• Azetti Networks
• Bell Canada
• KYOCERA Corporation
• Mobile Tornado (Intechnology plc)
• Motorola Solutions Inc.
• Qualcomm Technologies Inc.
• Simoco Wireless Solutions (Team Telecom Group Limited)
• Sonim Technologies Inc
• Verizon Communications Inc.
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