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DUBLIN–(BUSINESS WIRE)–The “Global Push to Talk Market (2021-2026) by Component, Organization Size, Network Type, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Push to Talk Market is estimated to be USD 30.75 Bn in 2021 and is expected to reach USD 47.75 Bn by 2026, growing at a CAGR of 9.2%.
Key factors such as the growth in rugged smartphones and handheld devices and the need to ensure seamless communication for prolonged periods have fueled the demand for Global Push to Talk Market. Further, the rising demand for Push to Talk over Cellular (POC) solutions owing to increasing need and concern for driver safety and transition towards digital LMR systems is strengthening the market’s growth. However, the presence of latency and gaps in communication is hindering the market growth.
Increasing efforts to standardize infrastructure platforms and product launches supporting Android and iOS devices is expected to create lucrative opportunities for the market.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Market Segmentation
The Global Push to Talk Market is segmented further based on Component, Organization Size, Network Type, Vertical, and Geography.
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/pmeelx
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