Global Push-to-Talk Over Cellular (PTToC) market will reach 6200 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/9

The PTToC offers quick call setup and a wide network range as compared to traditional phones. Modernization of commercial data and increasing voice projects are expected to boost the growth of this market. The growing technological advancements with investments in 5G, the market is expected to witness a definite boost. The PTToC market is driven by the increasing number of mobile devices. Growing uptake of accessories such as speakers, microphones, headphones, and earbuds is expected to support the market growth. Increasing focus on public safety and security is also anticipated to bode well for the overall market over the forecast period.

The global push-to-talk over cellular (PTToC) market was worth US$2800 mn in 2018 and the report suggests that the market will reach US$6200 mn by 2025 at a steady CAGR of 3.4%.

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