According to a recent analysis, the global mass notification systems market size was valued at USD 7.95 Billion in 2020 and is forecast to reach USD 33. 85 Billion, at a CAGR of 19.9% over 2021-2028. Increasing adoption of mass notification systems across various industries is expected to drive industry growth in the forecast period.
Increasing deployment of IP-based notification devices is offering lucrative growth opportunities for the mass notification systems industry landscape. Surging need for elimination of human error and guesswork during a crisis is expected to boost the deployment of mass notification systems in the coming years. However, lack of standards pertaining to these systems may restraint global mass notification systems market to some extent.
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Some Key Highlights in the Report
- Based on solution, the in-building segment is projected to account for a major chunk of the mass notification systems market share owing to high demand for these systems various industries to communicate messages, alerts, and notifications to individuals.
- Based on deployment, the on-premises segment is forecast to showcase a steady growth over 2021-2028 on account of large-scale implementation of on-premises mass notification systems among various industries.
- Based on application, the public warnings & alerting segment is projected to contribute significantly to the global mass notification systems market revenue share over the analysis period on account of increasing adoption of these systems across various industries to deliver a particular message to several people via multiple devices.
- Based on end-use, the healthcare sector is expected to observe notable growth through 2028 on account of robust adoption of mass notification systems in the healthcare sector to deliver regular message for notifying employees, patients, and visitors in the event of an emergency or even for regular activities such as inventory counts.
- In the regional landscape, North America is expected to lead the global mass notification systems market in terms of revenue due to surging growing for rapid message delivery systems during emergencies across various sectors, including education, commercial, residential, healthcare, and others in the region.
- Key players operating in the global mass notification systems market include Motorola Solutions, Inc., International Business Machines Corporation, Blackboard Inc., Honeywell International Inc., Siemens AG, Eaton Corporation plc, Everbridge, Inc., Singlewire Software, LLC, xMatters, Inc., and OnSolve, LLC, among others.
For the purpose of this study, 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 Outlook (Revenue, USD Million; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
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