Global mass notification systems market demand & opportunity analysis 2023

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Global Mass Notification Systems Market

Outlook: Industry Insights & Opportunity

Evaluation, 2016-2023


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Global Mass Notification Systems Market

Final Deliverable Table of Content

Global Mass Notification Systems Market Overview

Mass notification system enables the broadcast of alerts, messages and notifications to multitudes during or after an emergency situation. In order to minimize the risk during emergencies, mass notification system technologies are beneficial for the organizations.

Technological advancements in IT and communication technology are growing across the globe which helps to provide better communication services at the time of emergencies to minimize the risk of fatalities.

The business environments are changing rapidly worldwide and adoptions of various services to manage masses in organizations are carried out expressively. Initiatives are rising towards business communications and public alert during emergency circumstances are expected to gain maximum traction for mass notification system across the globe.


Market size and forecast

The global mass notification systems market reached USD 3.38 Billion in 2015 and the market is expected to reach USD 10.42 Billion by 2023. The mass notification systems market is expected to expand significantly at a CAGR of 19.25 % during the forecast period 2016-2023 globally. Implementation of mass notification systems across the globe by numerous enterprises is expected to showcase a significant growth over the forecast period i.e. 2016-2023.

North America accounted for the largest revenue share in mass notification systems market in 2015 and the market reached USD 1,748.1 Million in the same year. The market is further expected to reach USD 3,580.2 Million by 2023. The mass notification systems market of North America is expected to register a CAGR of 15.2%. European region is expected to be the second largest share contributor in terms of revenue across the globe followed by Asia-Pacific region over the forecast period i.e. 2016-2023. Rapid pace in urbanization in

http://www.researchnester.com/reports/mass-notification-systems-market-global-demand-analysis-opportunity-outlook-2023/174


both the regions are some of the major factors expected to spur the demand for mass notification systems during the forecast period 2016-2023. Wide-scale applications and numerous solutions and services for diverse situations of mass notifications systems are some of the vital features of mass notification systems which aims to deliver and spread notifications among the masses. Moreover, the mass notification systems importance is growing in industries and government organizations owing to rising need of alerts and notification systems to provide appropriate information within the organizational masses.

Market Segmentation

Our in-depth analysis segmented the global mass notification systems market in the following segments:

Demand Analysis By Product Type

Hardware

LED Displays and Systems

Giant Voice

Speakers, Sirens and Strobe Light

Others (Wall Mounted Buttons, Batteries, and Cables)

Software

Demand Analysis By Services Type

Installation and Integration Services

Maintenance Service

Consulting Services

By Application Type


Interoperable emergency communication

Integrated Public Alert and Warning

Business Continuity and Disaster Recovery

Business Operations

By Solution Type

In-building Solutions

Wide-area Solutions

Distributed recipient solutions

By Deployment Type

On-Premises

Hosted

By End-user

Commercial

Healthcare

Government Institutions

Automotive

Defense

Energy & Power

Transportation & Logistics

By Region


Global Mass Notification Systems Market is further classified on the basis of region as follows:

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World Market Size and Y-O-Y Growth Analysis

Growth Drivers and challenges

Rising concerns towards public safety, broadcasting of events and disasters among the masses, mandatory business continuity are some of the major driving factors for the growth of mass notification systems market across the globe.

The market of mass notification systems is also driven on the back of enhanced and technical features offered by mass notification systems which enables better management of events and alert users across the globe.

Apart from this, rising industrialization across the globe sequentially raise the need of notifications and alert systems to spread awareness towards the business events among the employees. Mass notifications systems benefit the organization in the direction of development.

Rise in technological advancements and enhanced communication technology are likely to foster the demand for mass notification


systems in organizations in order to broadcast events and alerts, during or after adversity across the globe.

Presence of fewer regulations regarding mass notification systems for the industries besides educational organization and defense are likely to hinder the growth of mass notification systems market over the forecast period i.e. 2016-2023.

Moreover, availability of sub-standardized solutions from mass notification systems which do not meet the terms and regulations of national protection agencies and associations, thus expected to hinder the growth of mass notification systems market globally.

Key Players

The key players of mass notification systems market as follows:

Honeywell International, Inc.

Company Overview

Key Product Offerings

Business Strategy

SWOT Analysis

Financials

Siemens AG

Eaton Corporation

Everbridge, Inc.

IBM Corporation

Omnilert LLC


DesktopAlert

Mir3, Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global Mass Notification Systems Market is segmented as follows:

By Product type Market Size and Y-O-Y Growth Analysis

By Service type Market Size and Y-O-Y Growth Analysis

By Application type Market Size and Y-O-Y Growth Analysis

By Solution type Market Size and Y-O-Y Growth Analysis

By Deployment type Market Size and Y-O-Y Growth Analysis

By End-user Market Size and Y-O-Y Growth Analysis

By Regions

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis


Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

To know more about Global Mass Notification

Systems Market research, please visit: http://www.researchnester.com/reports/mass-notification-

systems-market-global-demand-analysis-opportunity-

outlook-2023/174





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