$97 2 Bn Enterprise Network Equipment Markets - Global Forecast to 2027 - Rising Adoption of Web-Enabled Devices to Boost Market Prospects
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$97 2 Bn Enterprise Network Equipment Markets - Global Forecast to 2027 - Rising Adoption of Web-Enabled Devices to Boost Market Prospects
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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NEW YORK, April 19, 2021 /PRNewswire/ A report by Fact.MR projects steady growth for the global push-to-talk (PTT) market. The PTT market has been forecast to expand at a CAGR of over 8% CAGR through 2031. Surge in demand from government and commercial sector is expected to rise, sealing push to talk market future growth opportunities. With the adoption of advanced technology and growing demand for land mobile radio (LMR) in government & defense sectors, push to talk apps and devices sales are poised to increase.
According to the study, the push to talk market size is expected to exceed the valuation of US$ 40 Bn by 2031. The demand for PTT services and solutions with LMR and cellular network is on the rise within the public safety & defense sector. This is expected to provide lucrative growth opportunities for the PTT market players through 2021. Advantages such as the need to maintain optimum security & safety level is increasing the sale