0 0 lang="en-GB"> Push-to-Talk Market Analysis: Key Segments and Regional Outlook to 2032 - Times Of Economics
Times Of Economics

Push-to-Talk Market Analysis: Key Segments and Regional Outlook to 2032

Read Time:2 Minute, 9 Second

According to Fortune Business Insights, the global push-to-talk market was valued at USD 12.00 billion in 2019 and is projected to reach USD 46.75 billion by 2032, growing at a CAGR of 12.0% during the forecast period. The report, titled “Push-to-Talk Market Size, Share and Forecast, 2020–2032”, states that North America dominated the market in 2019 with a 37.42% share.

Market Dynamics
The market growth is largely driven by the increasing adoption of cloud-based Push-to-Talk over Cellular (PoC) solutions by large enterprises. Cloud-based PoC enables real-time, secure communication, bridges connectivity gaps, and supports features such as multimedia sharing and wireless PTT device integration. Organizations leverage PTT technology for portable two-way communication, enhanced safety, cost efficiency, and better call management.

Leading Companies in the Market

Information Source:

https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079

Market Segmentation Highlights

Key Market Drivers

Recent Industry Development
In March 2020, Telefonaktiebolaget LM Ericsson acquired Genaker, a Spain-based provider of Mission-Critical PTT (MCPTT) solutions. The acquisition strengthens Ericsson’s MCPTT portfolio, enabling secure communication services for first responders and emergency personnel.

About Post Author

Rishika Chavan

Happy
0 0 %
Sad
0 0 %
Excited
0 0 %
Sleepy
0 0 %
Angry
0 0 %
Surprise
0 0 %
Exit mobile version