According to Fortune Business Insights, 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. The report, titled “Push-to-Talk Market Size, Share and Forecast, 2020–2032”, states that North America dominated the market in 2019 with a 37.42% share.
Market Dynamics
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, secure communication, bridges connectivity gaps, and supports features such as multimedia sharing and wireless PTT device integration. Organizations leverage PTT technology for portable two-way communication, enhanced safety, cost efficiency, and better call management.
Leading Companies in the Market
- Motorola Solutions Inc. (US)
- Zebra Technologies Corporation (US)
- AT&T Intellectual Property (US)
- Verizon Wireless (US)
- Qualcomm Technologies, Inc. (US)
- Harris Corporation (US)
- ICOM Inc. (Japan)
- Kyocera
- Siyata Mobile (Canada)
- ECOM Instruments GmbH (US)
- RugGear (US)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Sonim Technologies (US)
- Simoco (India)
- Airbus DS Communications (US)
Information Source:
https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079
Market Segmentation Highlights
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By Component: The devices segment is expected to retain the highest market share due to growing demand for rugged PTT devices and the presence of major players such as AT&T, Bell Canada, and ESChat. Devices are increasingly embedded with advanced features like large displays, longer battery life, and improved communication systems. In 2019, AT&T launched rugged devices compliant with 3GPP MCPTT standards.
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By Network Type: PoC solutions are gaining traction due to cost efficiency, customization, and ease of deployment, while LMR remains vital in public safety, defense, and emergency response, especially across Latin America, the Middle East & Africa, and Asia-Pacific.
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Regional Insights: North America is projected to maintain market leadership due to high penetration of PoC vendors and telecom providers. The U.S. leads the regional market, driven by strong demand from public safety, government and defense, and healthcare sectors.
Key Market Drivers
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Real-time communication needs across public safety and industrial sectors
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Growing demand for seamless communication among remote and mobile workforces
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Integration with cloud and IoT enhancing real-time data transmission
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Rollout of 5G networks enabling ultra-low latency PTT services
Recent Industry Development
In March 2020, Telefonaktiebolaget LM Ericsson acquired Genaker, a Spain-based provider of Mission-Critical PTT (MCPTT) solutions. The acquisition strengthens Ericsson’s MCPTT portfolio, enabling secure communication services for first responders and emergency personnel.
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