Global radio market report
The global push-to-talk (PTT) market size is projected to expand steadily at over 8% through to 2031, according to a report available from Fact.MR.
Requirements from the public safety sector are increasing fast, demand for LMR and cellular push-to-talk solutions is rising across the globe. Furthermore, recovery of key commercial sectors after the initial setbacks of the COVID-19 pandemic, such as construction, retail, transportation and logistics, to name a few, is further boosting demand, alongside government growth.
Preference for land mobile radio (LMR) systems and the proliferation of rugged mobiles have propelled industry growth during the previous five years from 2016 to 2020.
The LMR segment is leading the market in terms of network type. Advantages include:
- Provides best coverage among wireless communication technologies.
- Modern LMR technologies such as DMR, P25, TETRA and NXDN are open standard.
- Efficient for military-grade encryption of voice and data transmissions.
As a result, this network type is expected to dominate further over the coming years. Another key segment in terms of network type is cellular, which is further fuelling sales.
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