Global Mass Notification Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Mass Notification Systems Market Overview
"The Mass Notification Systems Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
A mass notification system (MNS) is a platform that sends one-way communication to citizens and employees in case of natural emergencies such as earthquakes, fire outbursts, natural disasters, or any other specific event or disaster. This system is also used to guide people with possible safety measures and actions to be taken. Communication can occur over SMS, Email, Social media, and other communication platforms.
Growing industrialization and increasing government initiatives toward public safety are major factors driving demand for the mass communication systems market globally. Increasing awareness regarding the application of mass notification systems for business continuity is further boosting demand for a mass communication system in the global mass notification system in the global market. The introduction of mobile-based mass notification applications and bring your device (BYOD) trend are expected to fuel growth of the global mass notification system during the forecast period. The ability to integrate In-building solutions with fire alarm and public-address systems is further increasing the adoption of mass notification systems in commercial and residential buildings.
Lack of regulations regarding mass notification systems in the verticals apart from defense and education sector are constraining the growth of the market. Moreover, availability of sub-standardized solutions which do not comply with the latest NFPA 72: National Fire Alarm and Signaling Code, are expected to hamper the growth of market in the near future.
The global mass notification systems market is segmented on basis of component, deployment type, solutions, application, industry verticals, and region.
North America is expected to witness highest growth in terms of revenue generation during the forecast period. This growth is attributed to favorable government initiatives and high adoption of mass communication system by commercial business segment. Among other regions, the market Asia Pacific will show considerable growth owing to acceptance of mass notification service by end-users and dynamic environmental conditions especially in Japan and some regions of India.
Global Mass Notification Systems Market Segmentation:
Global mass notification system market segmentation by component:
- Software and services
Global mass notification system market segmentation by deployment type:
Global mass notification system market segmentation by solution:
- In-building solutions
- Wide area solutions
- Distributed recipient solutions
Global mass notification system market segmentation by industry verticals:
- Energy and utilities
- Healthcare and life sciences
- Automotive, transportation, and logistics
- Others (IT and telecom, retail and consumer goods, and manufacturing)
Global mass notification system market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Blackberry AtHoc Inc.
- Everbridge Inc.
- Eaton Corporation Plc.
- Honeywell International Inc.
- International Business Machine Corporation
- Siemens AG
- Airbus DS Communications Inc.
- Omnilert LLC
- Singlewire Software LLC
- Xmatters, Inc.
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