According to the latest report by IMARC Group, titled, “Push-to-Talk Over Cellular Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027“, The global push-to-talk over cellular market reached a value of US$ 4.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.4 Billion by 2027, exhibiting a CAGR of 10% during 2022-2027.
Push-to-talk over cellular (PoC) refers to the technological solution that facilitates two-way communication across the telecommunication sector. It involves the use of wireless network devices, such as walkie-talkies and smartphones, that provide an unlimited network range. Apart from this, it also offers numerous advanced functions, including information protocol (IP)-based interoperability, mobile workforce management, automatic pairing and group messaging.
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The global market is primarily driven by significant growth in the telecommunication industry. Along with this, continual technological advancements across the sector are creating a positive outlook for the market. For instance, the deployment of artificial intelligence (AI), the Internet of Things (IoT) and cloud-computing services with push-to-talk over cellular solutions to facilitate real-time communication is gaining prominence among the end users. Moreover, the widespread adoption of PoC by defense groups due to the increasing incidences of geographical tensions across the globe is contributing to the market growth further.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- 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.
The report has segmented the market based on connectivity type, component and application.
Breakup by Connectivity Type:
Breakup by Component:
Breakup by Application:
- Public Safety and Security
- Energy and Utility
- Transportation and Logistics
- Government and Defense
- Travel and Hospitality
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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