LOS ANGELES, Feb. 04, 2019 (GLOBE NEWSWIRE) -- QY Research has published a new report bearing the title “Global Push-To-Talk Market Size, Status and Forecast 2025.” As per the report, the global push-to-talk market is expected to expand at a healthy CAGR of 10.3% between 2018 and 2025. By the end of 2025, the global market revenue is predicted to touch more than US$ 9,500 Mn.

Global Push-to-talk Market: Drivers

The demand for push-to-talk is foreseen to increase on the back of the modernization of commercial data and voice projects. Increasing uptake of accessories such as microphones, speakers, earbuds, and headphones is expected to support the growth of the global push-to-talk market. On the other hand, the rising number of networks and mobile devices is projected to push the demand in the global market.

Advancement in mobile communication technology is envisaged to stoke the demand for push-to-talk in the coming years. The growing adoption of push-to-talk in public safety and security applications is anticipated to encourage growth in the global market. Players are foretold to improve their sales in the global market as the deployment of 5G network increases. Furthermore, the use of next-gen wireless networks is prognosticated to augment the demand for push-to-talk during the forecast period.

Global Push-to-talk Market: Forecast by Type and Application

On the basis of type, the global push-to-talk market sees a classification into Wi-Fi, 4G, and 3G. The use of Wi-Fi helps push-to-talk users to reduce international communication costs and enjoy maximum in-building coverage. By application, the global market is segmented into PAMR (operator), business and commerce, government, transport, public safety, and others.

Global Push-to-talk Market: Forecast by Region

Geographically, the report covers key segments, namely India, Southeast Asia, Japan, China, Europe, and the U.S. Emerging economies are expected to increase the demand in the push-to-talk market due to the rising number of mobile network projects. They are also projected to increase the market growth because of the growing number of internet users, especially in highly populated countries such as India. Another factor that is foreseen to help with the market growth is the high demand for maintenance and support and integration and deployment services.

Developed regions such as North America are prophesied to witness market growth due to the extensive deployment of ultra-reliable and low-latency communications technology as well as IoT. Europe is also expected to show growth in the push-to-talk market because of the increase in mobile workforce and high technological development in the telecommunications industry.

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Global Push-to-talk Market: Key Players

Readers are provided with detailed company profiling of leading players operating in the global push-to-talk market, including C Spire, China Mobile Communications Corporation, China Telecom, Iridium, Ericsson, Sprint Corporation, AT&T, and Verizon. Companies are anticipated to explore new markets with the use of innovative business strategies and long-term contracts increasing their revenue.

The report includes a deep analysis of 14 prominent players of the global push-to-talk market. It discusses about their revenue growth during the review period 2013-2018, products, services, and solutions, and also their main business.

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