The global push-to-talk market was valued at USD 12.00 billion in 2019 and is projected to reach USD 46.75 billion by 2032, growing at a CAGR of 12.0% during the forecast period. According to Fortune Business Insights’ report titled “Push-to-Talk Market Size, Share and Forecast, 2020–2032”, North America dominated the market in 2019, holding a 37.42% share.
The market growth is largely driven by the increasing adoption of cloud-based Push-to-Talk over Cellular (PoC) solutions by large enterprises. Cloud-based PoC enables real-time and secure communication, bridging connectivity gaps and supporting features such as multimedia sharing and wireless PTT device integration. Organizations are leveraging PTT technology to benefit from portable two-way communication, enhanced safety, cost efficiency, and better call management.
Information Source:
https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079