The global mass notification systems market size reached USD 7.95 Billion in 2020 and is expected to register a CAGR of 19.9%. 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.
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However, lack of standards regarding mass notification systems is expected to hamper growth of the global mass notification systems market to a certain extent during the forecast period.
The Global Mass Notification Systems Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Mass Notification Systems market and its key elements. The report is formulated through extensive primary and secondary research and is curated with the intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Mass Notification Systems industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028.
Key players in the market include
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.
Mass Notification Systems depends on an organization’s data, infrastructure, cloud capabilities, and clear vision for the design. Lack of highly connected infrastructure and power and thermal efficiency of standalone headsets hampers deployment and is expected to negatively impact market growth to a certain extent. The COVID-19 pandemic has propelled usage of XR technology as businesses become more reliant on AR and VR tools.
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
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Mass Notification Systems market.
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