27 June 2019 –
The Global Push-To-Talk Market has been
estimated to foresee an explosive growth by the year 2025. The push-to-talk
concept makes use of half-duplex communication lines to transmit instantaneous
voice messages over a network. “Several commercial and private applications that
were once supported by discrete technologies have rapidly shifted towards the
smartphone. Push-to-talk handset choices have leveraged an integration of most
IT and business communication process in a more sophisticated architecture.”
Based on components the market has been segmented into
equipment, software, and services, where network devices, mobile devices, and
accessories are the equipment subsegment. A continuously growing use of mobile
phones and the global adoption of the internet is driving the software segment
to generate then the highest market share. Based on industry, the push-to-talk
market can be segmented into construction, public safety & security, energy
& utility, manufacturing, transportation & logistics, travel & hospitality,
defense, and others.
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Geographical segmentation has presented a detailed analysis
of push-to-talk market growth prospects across the regions of North America,
the Asia Pacific, Europe, the Middle East, and Africa, and Latin America. North
America is set to hold the highest market share ascribed to the widespread
deployment of latest and advanced technologies like IoT and ultrareliable
low-latency network communications technologies.
Players are entering into business partnerships with fellow contestants
and are significantly investing in innovation strategies, which is estimated to
drive the cellular vendors to reach new growth markets. The market participants
have identified the major distribution channels, supply chain mechanism,
industry cost structure and production capabilities.
The competitive landscape showcases the profiles and
business strategies of the major players, along with their recent developments.
Some of the dominant players operating in this market include AT&T, Inc.,
Verizon, MOTOROLA SOLUTIONS, Qualcomm Technologies, Inc., Mobile Tornado,
Kyocera Corporation, Sprint Corporation, Simoco Wireless Solutions, Bell
Canada, Sonim Technologies Inc., and Telo Systems among others.
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