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Mass Notification Market: Forecasts and Analysis (2013 – 2018)
Globally, mass notification market has recently gained importance due to the increasing need for public safety, growing awareness of the emergency communication solutions, and the growing importance of business continuity solutions. Moreover, with the increasing number of disasters, the demand for the deployment of Mass Notification Systems (MNS) and the awareness of business continuity and emergency preparedness is increasing. Further, organizations are required to follow government compliance standards such as HEOA, Federal Preparedness Circular 65 and 67, NFPA 72, ISO 22301 etc. which is also an important factor in regulating this market.
In 2013, North America is expected to be the largest market for mass notification accounting for more than fifty percent of the global mass notification market in terms of market size. The mass notification market is very dynamic and is expected to grow in all the regions in the coming five years.
MarketsandMarkets provides exhaustive revenue forecast and basic information from its latest research report. The ‘Mass Notification Market: Global Advancements, Market Forecasts and Analysis (2013 – 2018)’ report is now available for purchase.
According to the report findings, ‘educational institutions, defense, healthcare and government organizations are the major consumers of MNS. Moreover, to meet the customer expectation and fulfill the need for complete crisis communication, solution providers such as Cisco, Athoc, Honeywell, Tyco, United Technologies and many others are expected to collaborate and provide better competitive services to take advantage of this emerging mass notification market. Cloud-based mass notification services are expected to gain higher market share which will also increase the revenues from distributed recipient solutions. MarketsandMarkets forecasts the global mass notification market to grow from $2.41 billion in 2013 to $6.41 billion in 2018 at a Compound Annual Growth Rate (CAGR) of 21.6% from 2013 to 2018.’
Mass Notification Market by Solutions (In Building, Wide Area, Distributed), by Applications (Emergency Communications, Disaster Recovery, Public Alerts and Warning, Business Ops) - Global Advancements Market Forecasts and Analysis (2013 - 2018)
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