Global Mass Notification Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz, in its upcoming report titled, “Global Mass Notification Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global mass notification systems market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global mass notification systems market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global mass notification systems market is segmented on basis of component, deployment type, solutions, industry verticals, and region. The global mass notification systems market was valued at US$ X.X billion in 2016, and is expected to reach US$ XX.X billion over the forecast period at a double-digit CAGR of XX.X%.
A mass notification system (MNS) is a platform that sends one-way communication to citizens and employees in case of natural emergency such as earthquake, fire outburst, natural disasters or any other specific event or disaster. These system is also used to guide people with possible safety measures and actions to be taken. The communication can take place over SMS, Email, Social media, and other communication platforms.
Growing industrialization and increasing government initiatives toward public safety are major factors driving demand for mass communication systems market globally. Increasing awareness regarding application of mass notification system for business continuity is further boosting demand for mass communication system in the global mass notification system in the global market. Introduction of mobile based mass notification application and bring your own device (BYOD) trend are expected to fuel growth of the global mass notification system during the forecast period. Ability to integrate In-building solutions with fire alarm and public-address systems is further increasing 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 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 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 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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