Push-To-Talk (PTT) Services and Solution to Concentrate Increasingly in Government & Defense Sectors: Fact.MR

News provided by

Apr 19, 2021, 10:30 ET

NEW YORK, April 19, 2021 /PRNewswire/ -- A report by Fact.MR projects steady growth for the global push-to-talk (PTT) market. The PTT market has been forecast to expand at a CAGR of over 8% CAGR through 2031. Surge in demand from government and commercial sector is expected to rise, sealing push to talk market future growth opportunities. With the adoption of advanced technology and growing demand for land mobile radio (LMR) in government & defense sectors, push to talk apps and devices sales are poised to increase.

According to the study, the push to talk market size is expected to exceed the valuation of US$ 40 Bn by 2031. The demand for PTT services and solutions with LMR and cellular network is on the rise within the public safety & defense sector. This is expected to provide lucrative growth opportunities for the PTT market players through 2021. Advantages such as the need to maintain optimum security & safety level is increasing the sales in government & defense sector across countries such as U.S., China, India and Germany. Hence, fostering PTT sales.

"Technological advancements are aiding push-to-talk (PTT) market manufacturers, ensuring increasing demand from diverse end users such as transportation, logistics, retail and defense. This is a key push to talk market trend which will continue stimulating the sales" says a Fact.MR analyst.

For more Insights into the Market, Request a Sample of this Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=5717

Key Takeaways

High demand from advanced defense and commercial sectors are creating growth opportunities for U.S PTT market
Government & defense sector is expected to be the primary end-user for PTT market
Increased demand from public safety and defense sector is expected to spur the PTT sales in Germany
China is expected to vanguard the Asia-Pacific PTT market backed by the heightened demand from government sector
India to exhibit hegemony due to the rise in application within government & defense sector
UK and France to be one of the most lucrative PTT market
By network, LMR is leading the segment backed by the use of advanced communication technology
Cellular network is expected to emerge as a potential segment aiding the PPT industry growth

Competitive Landscape

Azetti Networks, Group Talk, Zello, Iridium, AT&T, Simoco Wireless Solutions, Motorola Solutions, and AINA Wireless are some of the key manufacturers that are profiled by Fact.MR. According to the study, with the market being highly competitive, leading players are focused on generating their new proceedings by launching new strategies and product development.

In January 2021, Cubic Corporation announced the launch of FirstNet Ready™ push-to-talk gateway that offers interoperability between Land Mobile Radio and LTE networks. It has also added compatibility to it vocality RoIP and M3-SE-MFGW interoperability gateways.

Also, on 26^th January 2021, Vodafone announced the launch of push-to-talk service with an advanced critical service that provides instant and secure communication powered by Vodafone's GigaNet nationwide network.

Furthermore, in September 2020, Sonim Technologies, a leading U.S. provider of ultra-rugged mobility solutions announced the collaboration with Push to Talk International (PTTI), a leading supplier of Push-to-Talk services in UK and Ireland. The collaboration enabled PTTI to provide its wide range of customers with Sonim's ultra-rugged XP8 Android smartphone.

Get Customization on this Report for Specific Country
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5717

More Valuable Insights on Push-to-talk (PTT) market

Fact.MR has published a market research report on global push-to-talk (PTT) market that contains a detailed analysis for 2016-2020 and opportunity assessment for 2021-2031. The study gives a detailed segmentation on the trends, challenges and opportunities of the market expected to prevail in the upcoming years. In order to gain a better understanding, the market is segmented on the basis of network (LMR push-to-talk services and cellular push-to-talk services), end-use industry (push-to-talk services for public safety, push-to-talk services for commercial use, transportation & logistics, construction, retail, travel & hospitality, health, push-to talk services for government & defense and others) and region (North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA).

Key Questions Covered in the Report

How will demand for push-to-talk (PTT) market will evolve in the future?
Which are the lucrative markets for push-to-talk (PTT) market?
Which is the top selling push-to-talk (PTT) market solution?
Which is the impact of regulation on push-to-talk (PTT) market?
Which are the top companies operating in the market?
What is the impact of Covid-19 on push-to-talk (PTT) market?

Explore Fact.MR's Coverage on the Information & Communication Technology Domain

Managed Network Services Market: The global Managed network services market report published by Fact.MR delivers a detailed segmentation on the prominent growth dynamics, including possible drivers, opportunities and challenges, expected to prevail across the landscape for the upcoming decade. A detailed insight regarding key geographies and prominent manufacturers has been embedded in this report.

Enterprise Network Equipment Market: Explore Fact.MR's smart TV sticks market research report, offering a detailed study on multiple market trends for the present and upcoming decade. The study entails analyses about the prominent growth trends present across key geographies and major segments, along with information about key manufacturers operating within the landscape.

Network Access Control Market: Fact.MR's incisive coverage on the global network access control market gives an in-depth insights on the strategies and competitive landscape for the upcoming period. The key players' market share data provided by the report given you a detailed insights on the shortcomings and forthcomings of the market for the forecast period.

About Fact.MR

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: [email protected]
Follow Us: LinkedIn | Twitter