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Push to Talk Market Trends

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

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Push to Talk Market Trends

The rise in national budgets allocated to public safety initiatives has propelled the push-to-talk (PTT) industry. With improved budgets, security agencies can adopt advanced technology to enhance coordination and response capabilities. According to the Open Budget India, the Ministry of Home Affairs, India released a Union Budget for the Police of around USD 16,254.4 million in 2023 - 24. The budget of Police in 2022 was USD 14,973.4 million and is incremented by 8.5% in 2023. This financial support fuels market growth, driving innovation and enabling the development of specialized push to talk solutions tailored for public safety applications.

AI-enabled push to talk radios are driving lucrative growth in the market by enhancing communication efficiency. These intelligent devices utilize AI algorithms to optimize voice recognition, noise cancellation, and language processing, ensuring clear & accurate communication in various environments. For instance, in October 2023, Hytera Communications, a prominent global provider of professional communication technologies, launched its latest intrinsically safe two-way radios and smartphones at the GITEX 2023. These devices encompass popular two-way radio protocols such as Digital Mobile Radio (DMR), Terrestrial Trunked Radio (TETRA), and Push-to-talk over Cellular (PTToC or PoC), commonly utilized both regionally & globally.

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.