The global push-to-talk (PTT) market was valued to grow USD 12 billion in 2019, and it’s expected to grow significantly, reaching nearly USD 46.75 billion by 2032. At a CAGR 12% over the forecast period 2020-2027. In 2019, North America led the market, holding the largest share at 37.42%.
Push-to-Talk (PTT) technology enables instant voice communication at the push of a button, similar to a walkie-talkie, but often over cellular or IP networks. It is widely used across industries like public safety, transportation, construction, and logistics for fast and efficient communication. The growing demand for reliable and real-time communication solutions, especially in remote and critical operations, is driving the expansion of the PTT market globally. Additionally, advancements in mobile technology and the integration of PTT with smartphones and other smart devices are further fueling market growth.
Informational Source:
https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079
List of Top Companies Covered in Push-to-Talk Market are: