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Push to Talk Market Size

  • Report ID: GMI6919
  • Published Date: Oct 2023
  • Report Format: PDF

Push to Talk Market Size

Push to Talk Market size was valued at USD 32.5 billion in 2022 and is estimated to register a CAGR of over 10.5% between 2023 and 2032, due to the ongoing integration of cloud technology to offer scalable, flexible, and advanced features. Cloud-based push to talk services enable seamless global communication over the internet, eliminating the need for extensive physical infrastructure. For instance, in September 2023, ESChat, a broadband push-to-talk solutions provider, introduced ESChat Mission Critical Recording, powered by Exacom. This service utilizes Exacom’s advanced cloud-based logging recorder features, ensuring that ESChat customers have a secure, dependable, and scalable recording solution for their cloud-hosted ESChat networks.

 

Push to Talk Market

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Push to Talk products & services are driving market growth by meeting the rising demand for instant and efficient communication solutions. These offerings provide businesses with seamless one-to-one or one-to-many communication, enhancing operational efficiency. The integration of push to talk functionality in smartphones and IoT devices has expanded its reach, appealing to a broader user base. Additionally, advancements in network technologies and the integration of cloud-based solutions have improved reliability, scalability & cost-effectiveness, fueling market expansion.

 

Network reliability poses a significant challenge for the push to talk market. Push to Talk systems heavily depend on robust network infrastructure. In regions with inadequate network coverage or during network outages, push to talk functionality can be severely compromised, hindering real-time communication. This limitation impacts sectors requiring continuous and instant communication such as emergency services & disaster response teams. Addressing this challenge necessitates investments in network infrastructure expansion and redundancy measures to ensure seamless push to talk communication, even in areas prone to network disruptions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of push to talk reached USD 32.5 billion in 2022 and is set to expand at over 10.5% CAGR from 2023 to 2032, led by the ongoing integration of cloud technology to offer scalable, flexible, and advanced features.

North America held more than 35% of the market share in 2022, propelled by technological advancements due to the rising demands for advanced communication tools in the region.

The government & public safety industry vertical segment accounted for 33% of the market share in 2022, driven by increasing adoption in law enforcement agencies for public safety.

Some leading push to talk industry players include AINA Wireless, AT&T Inc., Bell Canada, GroupTalk, Hytera Communications Corporation Limited, Motorola Solutions, Qualcomm Technologies, Telstra Group Limited, T-Mobile, and Verizon Communications Inc.

Push to Talk Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 359
  • Countries covered: 22
  • Pages: 240
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