Global Push-to-Talk Over Cellular Market to Reach US$ 10.6 Billion by 2032, Impelled by Emerging Telecommunications Industry

June 14, 2022 | Agriculture | Technology & Media

According to the latest report by IMARC Group, titled "Push-to-Talk Over Cellular Market Report by Connectivity Type (3G, 4G, Wi-Fi, and Others), Component (Equipment, Software, Services), Application (Public Safety and Security, Construction, Energy and Utility, Transportation and Logistics, Manufacturing, Government and Defense, Travel and Hospitality, and Others), and Region 2024-2032," the global push-to-talk over cellular market reached a value of US$ 5.1 Billion in 2023. 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, push-to-locate and push-to alert communication services.

Global Push-to-Talk Over Cellular Market Trends:

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$ 10.6 Billion by 2032, exhibiting a CAGR of 8.2% during 2024-2032.

Market Summary:

  • On the basis of the connectivity type, the market has been segmented into 3G, 4G, Wi-Fi and others.
  • Based on the component, the market has been segregated into equipment, software and services.
  • On the basis of the application, the market has been classified into public safety and security, construction, energy and utility, transportation and logistics, manufacturing, government and defense, travel and hospitality, and others.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include 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 and Verizon Communications Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Connectivity Type, Component, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 and Verizon Communications Inc.
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
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Global Push-to-Talk Over Cellular Market to Reach US$ 10.6 Billion by 2032, Impelled by Emerging Telecommunications Industry
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