The mass notification systems market size reached USD 7.95 Billion in 2020 and is expected to register a CAGR of 19.9%, during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is expected to be driven to a significant extent by increasing government focus towards public safety. Increasing deployment of IP-based notification devices is expected to further propel global mass notification systems market growth going ahead. Increasing adoption of mass notification systems in the education sector is expected to augment growth of the global mass notification systems market in the near future.
Increasing government focus toward public safety and rising implementation of IP-based notification devices are some key factors driving global mass notification systems market growth
A recent study on the Mass Notification Systems market aims at leveraging the insights and perspectives derived on the basis of both qualitative and quantitative data evaluation for the forecast period, 2021-2028. The market intelligence reports on Mass Notification Systems market dives deep into aspects including but not limited to the market size, growth and share across different regions to keep the stakeholders and business owners informed and help them make a wise business decision.
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The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Blackboard Inc., Motorola Solutions, Inc., International Business Machines Corporation, Honeywell International Inc., Eaton Corporation plc, Siemens AG, Everbridge, Inc., OnSolve, LLC, Singlewire Software, LLC, and xMatters, Inc.
Some Key Highlights
- Solutions segment revenue is expected to expand at a significant CAGR during the forecast period. Rising adoption of mass notification systems solutions across various industries is expected to boost revenue growth of this segment going ahead.
- In terms of revenue share, the in-building segment is expected to register significant growth over the forecast period due to rising deployment of in-building solutions across various industries to communicate alerts, messages, and notifications to individuals.
- Increasing implementation of on-premises mass notification systems among various industries is expected to drive revenue growth of the on-premises segment, which is expected to lead in terms of revenue contribution to the global mass notification systems market during the forecast period.
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Key Benefits of Buying the Global Mass Notification Systems Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast and assessment of the Global Mass Notification Systems Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Mass Notification Systems Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Mass Notification Systems Market
Global Mass Notification Systems Market Geographical Landscape - Synopsis:
- The report closely studies the growth trajectory of the global Mass Notification Systems market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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Emergen Research has segmented the global mass notification systems market on the basis of component, solution, deployment, application, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Hardware
- Solutions
- Solution Outlook (Revenue, USD Billion; 2018–2028)
- Wide-Area
- In-Building
- Distributed Recipient
- Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- Cloud
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Public Warnings Alerting
- Emergency Response
- Business Continuity
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Government
- IT and telecom
- Healthcare
- Education
- Transportation Logistics
- Commercial
- Others
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