Push to Talk Market Analysis, Evolving Opportunities Studied For The Period

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Jan 05, 2021 (AmericaNewsHour) — Global Push to Talk Market is valued approximately at USD 25 billion in 2019 and is anticipated to grow with a growth rate of more than 9% over the forecast period 2020-2026. Push to talk (PTT) or press to transmit is a method of having partial communication i.e., one at a time of user can transmit. The push to talk (PTT) switch has half duplex mode of communication that is most commonly located on the gadget for small scale radio users and for large scale radio users on the hand-held microphones. By involving half duplex mode of communication through electronic gadgets having transmitter as well as receiver embedded on it, helps noise free and clear communication. The growing demand for Push-to-talk over cellular (POC), proliferation of rugged and ultra-rugged smart phones, growing need for driver safety and transition of Land Mobile Radio (LMR) systems from analog to digital are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and various strategic alliance by market key player will create a lucrative demand for this market.  For instance: as per Company’s news release in October 2019, T-mobile launched broadband push-to-talk (PTT) service from ESChat on its network, enabling customers purchasing PTT service via T-Mobile can communicate with ESChat users on any other wireless network. However, high-speed 5g network for enhancing PTT-related operations is the major factor restraining the growth of global Push to Talk Market during the forecast period.

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The regional analysis of global Push to Talk Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of extensive communication technologies and the leading telecom service providers and PoC vendors, such as AT&T, Verizon Wireless, Sprint, and Motorola Solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:AT&T Inc.Verizon WirelessMotorola Solutions, Inc.Sprint CorporationBell CanadaIridium Corporation LimitedQualcommTait CommunicationsZebra Technologies CorporationTelstra Corporation Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:HardwareSolutionServices

By Organization Size:Small and Medium-Sized EnterprisesLarge Enterprises

By Network Type:Land Mobile RadioCellular

By Vertical:Public SafetyGovernment & defenseCommercialTransportation and LogisticsTravel and HospitalityEnergy and UtilitiesConstructionManufacturingOthers

By Region:North AmericaU.S.CanadaEuropeUKGermanyAsia PacificChinaIndiaJapanLatin AmericaBrazilMexicoRest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018Base year – 2019Forecast period – 2020 to 2026

Target Audience of the Global Push to Talk in Market Study:

Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors

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Chapter 1. Executive Summary1.1. Market Snapshot1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD BILLION)1.2.1. Push to Talk Market, by Region, 2018-2026 (USD BILLION)1.2.2. Push to Talk Market, by Component, 2018-2026 (USD BILLION)1.2.3. Push to Talk Market, by Organization Size, 2018-2026 (USD BILLION)1.2.4. Push to Talk Market, by Network Type, 2018-2026 (USD BILLION)1.2.5. Push to Talk Market, by Vertical, 2018-2026 (USD BILLION)1.3. Key Trends1.4. Estimation Methodology1.5. Research AssumptionChapter 2. Global Push to Talk Market Definition and Scope2.1. Objective of the Study2.2. Market Definition & Scope2.2.1. Scope of the Study2.2.2. Industry Evolution2.3. Years Considered for the Study2.4. Currency Conversion RatesChapter 3. Global Push to Talk Market Dynamics3.1. Push to Talk Market Impact Analysis (2018-2026)3.1.1. Market Drivers3.1.2. Market Challenges3.1.3. Market OpportunitiesChapter 4. Global Push to Talk Market: Industry Analysis4.1. Porter’s 5 Force Model4.1.1. Bargaining Power of Suppliers4.1.2. Bargaining Power of Buyers4.1.3. Threat of New Entrants4.1.4. Threat of Substitutes4.1.5. Competitive Rivalry4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)4.2. PEST Analysis4.2.1. Political4.2.2. Economical4.2.3. Social4.2.4. Technological4.3. Investment Adoption Model4.4. Analyst Recommendation & Conclusion

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The post Push to Talk Market Analysis, Evolving Opportunities Studied For The Period appeared first on America News Hour.

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The MarketWatch News Department was not involved in the creation of this content.