Global Push-to-Talk Over Cellular Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Overview and Scope

Push-to-talk over cellular (PoC) refers to a mobile telecommunications technology that enables instant voice communication over cellular networks. It allows users to communicate with one another at the push of a button, facilitating quick and convenient communication, especially in group settings or for users who need to communicate while on the move.

Sizing and Forecast

The push-to-talk over cellular market size has grown strongly in recent years. It will grow from $4.34 billion in 2023 to $4.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to growing demand for public safety and security, rising cellular networks for communication, increased smartphone penetration, rising demand for instant communication, and increasing globalization of businesses.

The push-to-talk over cellular market size is expected to see strong growth in the next few years. It will grow to $6.35 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to rising emergency response agencies, the rise of remote work, increasing demand for mobile workforce solutions, rising regulatory compliance, and increasing telecommuting. Major trends in the forecast period include cloud-based solutions, artificial intelligence (AI) in voice recognition, integration with unified communications, Internet of Things (IoT) devices and sensors, and 5G networks.

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Segmentation & Regional Insights

The push-to-talk over cellular market covered in this report is segmented –

1) By Component: Equipment, Software, Services
2) By Connectivity Type: 3G, 4G, Wi-Fi, Other Connectivity Types
3) By Enterprise Size: Small, Medium, Large
4) By Application: Public Safety And Security, Construction, Energy And Utility, Transportation And Logistics, Manufacturing, Government And Defense, Travel And Hospitality, Other Applications

North America was the largest region in the push-to-talk over cellular market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the push-to-talk over cellular market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

An increase in penetration of mobile devices is expected to propel the growth of the push-to-talk over cellular market going forward. Mobile devices refer to portable electronic gadgets that allow users to access a wide range of functionalities, including communication, internet browsing, gaming, entertainment, productivity, and more. Mobile device penetration is on the rise due to several factors, including the affordability of smartphones and data plans, the expansion of internet access, and the trend toward remote work. Push-to-talk over cellular technology enables mobile devices to function like traditional walkie-talkies by allowing instant voice communication over cellular networks. For instance, in February 2024, according to Uswitch Limited, a UK-based price comparison and switching service company, 2.6 million mobile connections existed in the UK at the beginning of 2022, accounting for 4.2 million more than the country’s population. This represents a 3.8% growth from 2021. Therefore, the increase in penetration of mobile devices is driving the push-to-talk over cellular market.

Key Industry Players

Major companies operating in the push-to-talk over cellular market are Samsung Electronics Co, Verizon Communications Inc, AT&T Inc, T-Mobile International AG, Airbus SE, Qualcomm Technologies Inc, Bell Canada, L3Harris Technologies Inc, Kyocera Corporation, Telstra Group Limited, Telus Corporation, Motorola Solutions Inc, Zebra Technologies Corporation, Hytera Communications Corporation Limited, Iridium Communications Inc, Tait Communications, Telo Systems Corporation Limited, Sonim Technologies Inc., Simoco Wireless Solutions Limited, RugGear GmbH, Enterprise Secure Chat (ESChat), Orion Labs Inc, Servicom Ltd, Mobile Tornado, GroupTalk Sweden AB, Azetti Networks Ltd., AINA Wireless, TeamConnect, Peak PTT, SIYATA Mobile Inc

The push-to-talk over cellular market report table of contents includes:

1. Executive Summary

2. Push-to-Talk Over Cellular Market Characteristics

3. Push-to-Talk Over Cellular Market Trends And Strategies

4. Push-to-Talk Over Cellular Market – Macro Economic Scenario

5. Global Push-to-Talk Over Cellular Market Size and Growth
…

32. Global Push-to-Talk Over Cellular Market Competitive Benchmarking

33. Global Push-to-Talk Over Cellular Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Push-to-Talk Over Cellular Market

35. Push-to-Talk Over Cellular Market Future Outlook and Potential Analysis

36. Appendix

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