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Based on organization size, the large enterprises segment held over 60% of the market share in 2022, due to their vast operational scale and complex communication needs. Their extensive operations necessitate efficient communication tools and push to talk solutions, enabling instant & direct connections across various teams and departments.
Additionally, in sectors such as manufacturing and energy, where safety is paramount, push to talk devices with emergency features ensure swift & secure communication during crises, safeguarding both employees and assets. Moreover, push to talk technology seamlessly integrates into the mobility requirements of large enterprises including field operations, enhancing productivity and responsiveness.
Based on industry vertical, the government & public safety segment accounted for 33% of the push to talk market share in 2022. The increasing adoption of push-to-talk solutions in law enforcement agencies for public safety is propelling market growth in this segment.
For instance, in May 2023, POCSTARS' services, communication solutions provider, became official communication solution provider for the Provincial Police Department in Indonesia, a vital law enforcement agency in the nation's new capital with its exceptional performance and efficient service of push to talk solutions. Law enforcement agencies rely on these solutions for swift & efficient communication during emergencies and critical situations. This heightened demand is driving innovation and investments in advanced push to talk technologies.
North America push to talk market recorded more than 35% of the revenue share in 2022, propelled by technological advancements in push to talk solutions. The region stands at the forefront of innovation with PTT solutions continually integrating cutting-edge features. These advancements include high-definition video calling, real-time location tracking, and multimedia messaging capabilities. Businesses & public safety agencies are drawn to these sophisticated functionalities, enhancing their operational efficiency and situational awareness. The constant evolution of PTT technology to meet the region's demands for advanced communication tools amplifies its adoption, driving substantial growth in the North American market.