Push-to-Talk over Cellular (PoC) Market

Push-to-Talk over Cellular (PoC) Market

Growth Factors of Push-to-Talk over Cellular (PoC) Market

The global push-to-talk over cellular (PoC) market size was valued at USD 6.11 billion in 2023 and is projected to grow from USD 6.85 billion in 2024 to USD 19.47 billion by 2032, exhibiting a CAGR of 13.9% during the forecast period of 2024-2032.

The COVID-19 pandemic will increase the demand for Push-to-speak over cellular solutions, particularly in sectors consisting of Healthcare and Public Safety, as industries require long-range verbal exchange at some stage in the disaster, proscribing the push-to-talk over cell (PoC) market growth.

The driving forces for Push-to-Talk over Cellular (PoC) are the gaining importance of rugged and dependable verbal exchange within the sectors consisting of transportation and logistics, public safety and safety, and improvement of some distance-off working, collectively with the enhancements in LTE and 5G networks that encourage connectivity and overall performance of the Push-to-Talk over Cellular (PoC).

The Push-to-Talk over Cellular (PoC) marketplace is prospering with expanding packages throughout various sectors. Businesses use PoC for inner verbal exchange, streamlining area operations, and improving customer service, explicitly using NybSys, expanding the push-to-talk over cellular (PoC) market share globally. Public protection corporations like police, fireplace department, and emergency offerings depend upon PoC for their vital communication wishes. Additionally, PoC empowers remote workforces with instantaneous conversation, fostering higher collaboration and boosting productivity. This versatility and efficiency make PoC a verbal exchange solution for many industries.

Comprehensive Analysis of Push-to-Talk over Cellular (PoC) Market

The Push-to-Talk over Cellular (PoC) market is segmented into devices, software, services, organisation length, and give-up customers. Devices are primary because of the call for compact answers, with preferred gadgets currently dominant. The software phase is developing, in particular for cloud-based total answers. Network services keep the most significant share among offerings. Large corporations are the leading adopters, and public protection and security are the primary stop-customers, with tour and hospitality sectors developing unexpectedly.

The North America region led the push-to-talk over cellular (PoC) market by benefitting a size of USD 1.95 billion in 2023 due to the available foremost service vendors within the area; this is due to the growth that is discovered.

Due to the presence of significant service providers in the Push-to-Talk over Cellular (PoC) market, the growth trajectory and industry standards are significantly influenced. Key players, including AT&T Inc. (U.S.), Motorola Solutions Inc. (U.S.), Verizon Communications Inc. (U.S.), T-Mobile (Germany), Siyata Mobile Inc. (Canada), Bell Canada (Canada), Telus Corporation (Canada), RugGear GmbH (Germany), Mobile Tornado plc (Japan), Qualcomm Technologies, Inc. (U.S.), Kyocera Corporation (Japan), and San Luis Aviation, Inc. (U.S.), contribute to a competitive landscape, driving innovation and advancement in the market.

In December 2023, Siyata Mobile Inc., which operates within the PTToC space for devices and systems, secured an order of $ 900 000 for its automotive UV350 and PPT handsets. This order is expected to be delivered to the current international defence and EMS client and is expected to be shipped in Q4 of 2023& Q1 of 2024.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 13.9% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Solution

- Devices

• Rugged
• Standard
• Others

- Software

• Cloud
• On-premise

- Services

• Network Services
• Integration and Deployment Services
• Maintenance and Support Services

By Enterprise Size

- Small

- Medium

- Large

By End-user

- Public Safety and Security

- Construction

- Energy and Utility

- Transportation and Logistics

- Manufacturing

- Travel and Hospitality

- Others

By Geography

- North America (By Solution, Enterprise Size, End-user, and Country)

- U.S. (By End-user)

- Canada (By End-user)

- Europe (By Solution, Enterprise Size, End-user, and Country)

- U.K. (By End-user)

- Germany (By End-user)

- France (By End-user)

- Italy (By End-user)

- Russia (By End-user)

- Nordic Countries (By End-user)

- Spain (By End-user)

- Rest of Europe (By End-user)

- Asia Pacific (By Solution, Enterprise Size, End-user, and Country)

- China (By End-user)

- India (By End-user)

- Japan (By End-user)

- South Korea (By End-user)

- Australia (By End-user)

- Southeast Asia (By End-user)

- Rest of Asia Pacific (By End-user)

- Latin America (By Solution, Enterprise Size, End-user, and Country)

- Brazil (By End-user)

- Mexico (By End-user)

- Rest of Latin America (By End-user)

- Middle East & Africa (By Solution, Enterprise Size, End-user, and Country)

- UAE (By End-user)

- Saudi Arabia (By End-user)

- Israel (By End-user)

- Turkey (By End-user)

- South Africa (By End-user)

- Rest of the Middle East & Africa (By End-user)