Published: Mar-2021 | Format: PDF | Market Research Store | Number of pages: 120 | Code: MRS - 828544
According to a report published by the Market Research Store, the global market for Mass Notification Systems was valued at around USD 9.70 billion in 2019 and is projected to generate revenue of around USD 36.65 million by the end of 2026, with a CAGR growth of around 20.9% between 2020 and 2026.
Mass notification software is a technology that is used to organize and interact with individuals in times of relief and rescue efforts during natural disasters such as storms, flooding, earthquakes and other emergency situations. It is intended to relay one-way signals or orders to specific personnel of the public in an emergency situation. Organizations such as fire and ambulance services, state and federal governments, and law enforcement authorities use these systems as an emergency response mechanism. In addition, these solutions help to improve building efficiency, streamline processes, respond quickly to emergency situations, minimize maintenance costs and increase long-term fiscal stability. These technologies are commonly used for the safety of personnel, regulatory enforcement, extensive treatment response, and reduced response time.
These technologies are commonly embraced by educational institutions to keep the campus clean and healthy. These solutions ensure the protection and security of employees and students at the institute. It alerts first responders, employees, parents, teachers, students and law enforcement officers of the real-time situation of the site. However, such devices can also support the institute for non-emergency reasons, such as notifying faculty and students about course enrollment notices, class cancellations, and other campus notifications. The growing concern for public health and safety has increased the deployment of such Ip-based warning systems around the globe and has thus fuelled the demand for the global market for mass notification systems. Digitalization has also increased the need of MNS providers to promote safety and protection. Growing efforts to build and innovate new technologies with unique features further drive the development of the global demand for mass notification systems.
The global market for can be segmented into components, applications, industry verticals, organization size, deployment mode, and region.
Based on industry verticals, the global market can be sub segmented into transportation and logistics, media and entertainment, it and telecom, healthcare and life sciences, government, energy and utilities, education, and others. Based on deployments mode, the global market can be sub segmented into cloud, and on-premise. Based on organization size, the global market can be sub segmented into large enterprises, and small and medium-sized enterprises. Moreover based on component, the global market can be sub segmented into solutions, and services. Based on applications, the global market can be sub segmented into business continuity and management, emergency response, and public warnings and alerting.
North America has the major share of the global demand for mass warning services due to the need for optimal use of resources in emergency situations to mitigate disruption and loss of property and life. In addition, the increasing technical advances in the region are also boosting the growth of the regional industry.
Some main participants of the Mass Notification Systems market are Singlewire Software, Omnilert, AlertFind, Alertus, Motorola Solutions, ATI Systems, Omnigo, BlackBerry, Blackboard, catalyst Technologies, Metissecure, CrisisGo, xMatters, Desktop Alert, Eaton, OnSolve, Regroup Mass Notification, Everbridge, Siemens, Federal Signal Corporation, Google, Honeywell, IBM, Johnson Controls, Klaxon, Rave Mobile Safety, among others.
Mass Notification Systems
Mass Notification Systems