The global Mass Notification market research report forecast to 2028 has been recently published by Reports and Data to help user understand the current market scenario. The report offers a detailed analysis of market size, revenue growth, emerging trends, top companies, market drivers, restraints, opportunities, limitations that the global Mass Notification market is expected to offer during the forecast period. The data is obtained through extensive primary and secondary research which is further verified by industry experts. This data is represented using various charts, tables and graphs which makes it easier for the reader. It also provides complete analysis of the global Mass Notification market with details about statistical tools such as SWOT and Porter’s Five Forces analysis. The report shed light on various top companies in the market. Eaton Corporation (Ireland), Everbridge, Inc. (US), Honeywell International, Inc. (US), Omnilert LLC (US), OnSolve (US), Siemens AG (Germany), Singlewire Software, LLC (US), Airbus DS Communications, Inc. (US), BlackBerry AtHoc, Inc. (US), Blackboard, Inc. (US), Desktop Alert, Inc. (US and xMatters, Inc. (US). are some leading companies operating in the global Mass Notification market.
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The information and communication technology sector is expected to observe a robust revenue growth over the forecast period. Factors such as technological advancements in AI and robotics, increasing innovations, growing need for high data security, large data management are fueling market development. Availability of variety of devices such as computers, smartphones, softwares and growing usage of internet is boosting overall growth of the information and communication technology. In addition, growing adoption of IOT and cloud based systems, increasing demand for technologically advanced devices, and change in consumer preference are some significant factors fueling market growth.
Competitive landscape of global Mass Notification market is quite fragmented with regional and global key players. They are often involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to sustain their market position and expand their product portfolio.
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Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The global market is further segmented into type and application:
Global Mass Notification Systems Market, By Integrant (Revenue, USD Million; 2016–2026)
- Software and Services
- Hardware
Global Mass Notification Systems Market, By Application-Type (Revenue, USD Million; 2016–2026)
- Interoperable emergency communication
- Business continuity and disaster recovery
- Integrated public alert and warning
- Business communications
Global Mass Notification Systems Market, By Company Size (Revenue, USD Million; 2016–2026)
- Large Enterprises
- Small and Medium-Sized Enterprise
Global Mass Notification Systems Market, By End-User (Revenue, USD Million; 2016–2026)
- Commercial
- Education
- Energy and utilities
- Healthcare and life sciences
- Defense
- Automotive, transportation, and logistics
- Government
- Others (IT and telecom, retail and consumer goods, and manufacturing)
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Key questions addressed in the global Mass Notification market report:
- The Mass Notification Systems Market (MNS) is expected to grow from USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0% from 2019 to 2026. Rising concerns for public safety & security, increasing awareness about MNS for business continuity, increasing deployment of the Internet Protocol (IP) established notification devices, and the growing adoption of the Bring Your Own Device (BYOD) trend are the major factors driving the growth of the market.
- The In-building solution-type segment is expected to have the largest market share with revenue of USD 2.63 Billion, at a CAGR of 30% from 2019 to 2026. Vital factors responsible for the growth of the market are easy integration with fire alarm systems and public address systems to communicate alert messages and notifications to people present in areas, such as buildings, corporate offices, or restaurants.
- The commercial end-user is projected to grow at the highest CAGR from 2018 to 2026, due to a rise in the demand for safety and security frameworks by commercial installation vendors and community centers.
- North America is forecasted to hold the largest size with revenue of USD 3.8 Billion in 2026. Vital factors driving the market are increased awareness about MNS after the terrorist attack of 9/11 and an increase in the occurrence of campus shootouts.
- APAC is expected to hold the highest CAGR of 32% from 2019 to 2026 due to the acceptance of the MNS technologies by end-users, due to dynamic environmental conditions.
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