By component, it is categorized into equipment, software, and services. The global push-to-talk over cellular market segmentation includes component, application, and region. Hence, surge in demand for push-to-talk applications among smart devices is among the major factors expected to boost the growth of the market during the forecast period. This is attributed to applications as well as integration benefits with various communications networks and are compatible with various devices. Rise in adoption of smartphone applications is expected to support the push-to-talk over cellular market growth.
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Request Sample Report (Get Full Insights in PDF – 268 Pages) at: The push-to-talk over cellular market size was valued at USD 3.43 billion in 2019, and is projected to reach USD 6.95 billion by 2027, growing at a CAGR of 9.4% from 2020 to 2027. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
PORTLAND, PORTLAND, OR, UNITED STATE, / / - Allied Market Research published a new report, titled, " The Push-to-Talk Over Cellular Market Reach to USD 6.95 Billion by 2027 | Top Key players such as - AT&T, Verizon & Kyocera." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.
Deployment of LTE network, rise in number of internet users around the world, and proliferation of mobile devices drive the market growth.
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