Why is Demand for Push-to-Talk Services High from the Government & Defense Sector

Posted on 2021-08-31 by Future Market Insights, Inc in Technology // 0 Comments

Demand for push-to-talk hardware and services has gained fast-paced growth over the past years, owing to rise in adoption in the public safety sector. With increase in requirement for PTT services with LMR networks, stakeholders in this field are expected to come across new opportunities over the coming years.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5717

Despite facing a temporary decline due to the onset of the COVID-19 pandemic, industry players are projected to gain higher revenues with the surge in demand from government & defense and commercial sectors as well.

The latest report by Fact.MR predicts that the global push-to-talk (PTT) market will expand at a CAGR of over 8% from 2021 to 2031, surpassing a US$ 40 billion valuation by 2031.

Key Takeaways from Market Study

Rise in demand from government and defense sector to fuel sales
The United States to hold a major share of the global PTT market
Germany to exhibit hegemony for push-to-talk services and solution in Europe
China and India to take the spotlight in the world’s fastest-growing push-to-talk industry – Asia Pacific
The United Kingdom, Germany, Japan, and France to emerge highly lucrative markets for PTT
LMR push-to-talk solutions to be most sought-after across regions

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=5717

Market Segmentation by Category

Network
- LMR Push-to-Talk Services
- Cellular Push-to-Talk Services
End-Use Industry
- Push-to-Talk Services for Public Safety
- Push-to-Talk Services for Commercial Use
  - Transportation & Logistics
  - Construction
  - Retail
  - Travel & Hospitality
  - Health
  - Others
  - Push-to-Talk Services for Government & Defense
Region
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/5717

Who is Winning in this Space?

Competition for PTT is getting stricter with each passing year, and players in the market are increasing their frequency of launching new products.

For instance,

AINA Wireless recently launched its new PTT Smart Button, PTT Voice Responder, and others
GroupTalk launched its new Enterprise Mobile Communication and Safety Solutions with its Modern Web-based Push-to-Talk Cloud Service

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Matched content

Editor’s pick