Mass Notification Systems Market by Component (Hardware, Software and Services), Solution (In-Building Solutions, Wide-Area Solutions, and Distributed Recipient Solutions), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2024
[135 Pages Report] The global Mass Notification Systems market size is expected to grow from USD 7.3 billion in 2019 to USD 17.3 billion by 2024, at a CAGR of 18.8% during the forecast period. The growing concern for public safety and security and the increasing implementation of Internet Protocol (IP)-based notification devices are the major factors driving the market growth. The challenges for this market include the lack of awareness about MNS and hardware infrastructure prone to single-point failures.
Education vertical to hold the highest Mass Notification Systems Market share during the forecast period
Mass notification solutions are being used in educational institutions for a long time to make the campus more sustainable. These systems ensure the safety and security of the students and faculty, improve building performance and comfort, streamline institutional operations, reduce operational expenses, and increase long-term financial stability. These solutions help in informing the students, teachers, parents, staff, emergency first responders, and law enforcement agencies about the activities on the campuses. It may be used for non-emergency purposes as well, such as for notifying students and faculty about campus updates, class cancellations, course registration reminders, and similar notices.
On-premises segment to hold a higher market share than the cloud segment during the forecast period
The mass notification solutions in industrial avenues and manufacturing plants are usually deployed on-premises. The on-premises deployment is generally used for alerting individual employees, updating contact information, and securing personal data and devices on a network, such as computers, laptops, and smartphones. The on-premises deployment is the most trustworthy deployment type for MNS applications, due to the criticality of operations. Moreover, the on-premises infrastructure reduces the turnaround and response time significantly, in case of emergencies.
APAC to witness the highest CAGR during the forecast period
APAC is most prone to natural disasters, with over 70% of the world's natural disasters occur in this region. Moreover, scientists have predicted that the intensity and incidence of disasters in APAC would increase in the years to come. Accordingly, the Mass Notification Systems Market share is increasing in APAC as the awareness about public safety, and these systems are growing. Last year, APAC countries introduced a 5-year campaign at United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), which aimed at encouraging greater use of space technology and the Geographic Information System (GIS) for better disaster risk reduction and management, as well as to minimize the environmental costs of economic growth in the region. The tsunami of 2004 brought awareness about the need for MNS in APAC since the loss of life and property had been enormous. APAC consists of developing countries, such as India and China, who are witnessing natural calamities (floods, earthquakes, tsunamis, and wildfires) every year. Moreover, the terrorist attacks in APAC have increased. This has led to an increased need for mass notification systems.
Key Mass Notification Systems Market Players
The major MNS vendors include Motorola Solutions (US), BlackBerry AtHoc (US), Eaton (Ireland), Honeywell (US), Siemens (Germany), Everbridge (US), Blackboard (US), Desktop Alert (US), OnSolve (US), Singlewire Software (US), xMatters (US), Alertus (US), Johnson Controls (US), Federal Signal Corporation (US), and Rave Mobile Safety (US).
Eaton (Ireland) is a diverse industrial company engaged in fluid power systems, electrical systems, automotive components, and mass notification and public safety systems. Timely strategic acquisitions have helped Eaton to expand its expertise and customer base in various markets. The acquisition of Switchgear Solutions in July 2019 was a fine strategic move which positioned the company among the leading players of electric hardware and software. The company has a direct and indirect global presence in 175 countries. Strong partner channels constituting of strategic, solution, and technology partners have also been the core of Eatons competitive strength. Since its incorporation, Eaton has shown tremendous growth in terms of revenue, which is the reason for it being a multibillion-dollar company. In the last few years, there has been a consistent dip in its overall annual revenue, due to the volatility in its end markets. However, considering its geographically diversified customer base, Eaton has a healthy revenue mix from all the regions across the globe.
Scope of Mass Notification Systems Market Report
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Report Metrics |
Details |
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Market size available for years |
20172024 |
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Base year considered |
2018 |
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Forecast period |
20192024 |
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Forecast units |
Value (USD) |
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Segments covered |
Components (Hardware, Software and Services), Solutions (In-Building Solutions, Wide-Area Solutions, and Distributed Recipient Solutions), Deployment Types (On-Premises and Cloud), Organization Size (Large Enterprises and SMEs), Verticals, and Regions |
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Geographies covered |
North America, Europe, APAC, MEA, and Latin America |
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Companies covered |
Motorola Solutions (US), BlackBerry AtHoc (US), Eaton (Ireland), Honeywell (US), Siemens (Germany), Everbridge (US), Blackboard (US), Desktop Alert (US), OnSolve (US), Singlewire Software (US), xMatters (US), Alertus (US), Johnson Controls (US), Federal Signal Corporation (US), and Rave Mobile Safety (US). |
This research report categorizes the MNS market to forecast revenues and analyze trends in each of the following submarkets:
By Component, the Mass Notification Systems Market has been segmented as follows:
- Hardware
- Software and Services
By Solution, the Mass Notification Systems Market has been segmented as follows:
- In-building Solutions
- Wide-area Solutions
- Distributed Recipient Solutions
By Deployment type, the Mass Notification Systems Market has been segmented as follows:
- On-premises
- Cloud
By Organization size, the Mass Notification Systems Market has been segmented as follows:
- Large Enterprises
- SMEs
By Vertical, the Mass Notification Systems Market has been segmented as follows:
- Commercial and Industrial
- Education
- Energy and Utilities
- Healthcare and Life Sciences
- Defense and Military
- Transportation and Logistics
- Government
- Others (IT and telecom, retail and consumer goods, and manufacturing)
By Region, the Mass Notification Systems Market has been segmented as follows:
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of APAC
- MEA
- Middle East and North Africa (MENA)
- Sub-Saharan Africa
- Latin America
- Mexico
- Brazil
- Rest of Latin America
Recent Developments:
- In July 2019, Honeywell launched the Honeywell Forge Inspection Rounds to help the field workers of the oil and gas, mining, and aerospace verticals to digitalize equipment inspection programs, which increase productivity, improve accuracy, enhance public safety, and minimize unplanned asset downtime.
- In May 2019, Siemens introduced Cerberus Portal, a cloud-based online fire protection software to monitor fire systems. With this software, in case of any fire incidents, maintenance personnel receive real-time information to react promptly, inform customers, and prepare site visits.
- In May 2019, Eaton Corporation introduced Trellix, an advanced connected lighting platform designed to drive efficient, effective decision-making for building operations.
- In January 2019, Motorola Solutions acquired VaaS International Holdings, a Video analysis-as-a-Service (VaaS) company and provider of data and image analytics for vehicle location. This acquisition expanded the companys command center software portfolio.
Key Questions Addressed by the Report:
- Where would all these developments take the industry in the mid to long term?
- What are the upcoming industry solutions in the Mass Notification Systems Market?
- Which are the major factors expected to drive the MNS market?
- Which region would offer high growth opportunity for vendors in the MNS market?
Frequently Asked Questions (FAQ):
What is growth rate of Mass Notification Systems market in the next five years?
What region holds the highest CAGR in the Mass Notification Systems market?
What are the major factors driving the Mass Notification Systems market?
What are the key vendors in the Mass Notification Systems market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.1.3 Market Breakup and Data Triangulation
2.2 Competitive Leadership Mapping Research Methodology
2.3 Mass Notification Systems Market Size Estimation
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary (Page No. - 29)
4 Premium Insights (Page No. - 32)
4.1 Attractive Opportunities in the Mass Notification Systems Market
4.2 Market By Vertical
4.3 Market By Region
4.4 Market in North America, By Vertical and Country
5 Mass Notification Systems Market Overview and Industry Trends (Page No. - 35)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Concern for Public Safety and Security to Boost the Adoption of the MNS Market
5.2.1.2 Increasing Implementation of Ip-Based Notification Devices
5.2.2 Restraints
5.2.2.1 Inadequate Rules and Regulations Across Verticals
5.2.2.2 Stringent Privacy Regulations Pertaining to Access of Individual Data
5.2.3 Opportunities
5.2.3.1 Extensive Demand in the Energy and Utilities Vertical
5.2.3.2 Growing Cloud-Based MNS Deployment
5.2.4 Challenges
5.2.4.1 Lack of Awareness About MNS
5.2.4.2 Hardware Infrastructure Prone to Single-Point Failures
5.3 Use Cases
5.3.1 Use Case 1
5.3.2 Use Case 2
5.3.3 Use Case 3
5.4 Regulations and Compliances
5.4.1 Clery Act
5.4.2 National Fire Alarm and Signaling Code
5.4.3 Unified Facilities Criteria
5.4.4 Health Insurance Portability and Accountability Act
5.4.5 Sarbanes-Oxley Act Compliance
5.4.6 International Organization for Standardization (ISO) 22301 and 22313
6 Mass Notification Systems Market By Component (Page No. - 42)
6.1 Introduction
6.2 Hardware
6.2.1 Increasing Need for Clear and Concise Voice Alerts Propagation to Drive the Demand for Mass Notification Hardware
6.3 Software and Services
6.3.1 Growing Need for Seamless Delivery of Notifications and Alerts to Spur the Demand for Software and Services
7 Mass Notification Systems Market By Solution (Page No. - 46)
7.1 Introduction
7.2 In-Building Solutions
7.2.1 Increasing Need to Minimize the Damage and Misalignment of Business Resources to Drive the Demand for In-Building Solutions
7.3 Wide-Area Solutions
7.3.1 Occurrence of Natural Calamities, Such as Floods, Tsunamis, Earthquakes, and Volcanic Eruptions, to Spur the Demand for Wide-Area Solutions
7.4 Distributed Recipient Solutions
7.4.1 Need for Direct Communication With Targeted Individuals and Groups to Drive the Market for Distributed Recipient Solutions
8 Mass Notification Systems Market By Deployment Type (Page No. - 51)
8.1 Introduction
8.2 On-Premises
8.2.1 Concerns Over the Security of Sensitive Data to Drive the Adoption of On-Premises MNS
8.3 Cloud
8.3.1 Scalability, Enhanced Collaboration, and Cost-Effectiveness Offered By the Cloud Platform to Boost the Demand for Cloud-Based MNS
9 Mass Notification Systems Market By Organization Size (Page No. - 55)
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.2.1 Growing Need for Continuity Measures and Disaster Recovery to Boost the Adoption of MNS in Small and Medium-Sized Enterprises
9.3 Large Enterprises
9.3.1 Increasing Need to Analyze the Huge Volumes of Data Generated From Various Enterprise Systems to Drive the Demand for MNS Among Large Enterprises
10 Mass Notification Systems Market By Vertical (Page No. - 59)
10.1 Introduction
10.2 Commercial and Industrial
10.2.1 Need for Notification Systems During Possible Mishaps in Buildings or Commercial Space to Drive the Adoption of MNS
10.3 Education
10.3.1 Growing Adoption of MNS Among Educational Institutions to Ensure the Safety and Security of Students and Faculty
10.4 Energy and Utilities
10.4.1 Changing Weather Conditions, Geographical Proximity, and Vulnerability to Industrial Accidents Driving the Adoption of MNS in Energy and Utilities Vertical
10.5 Healthcare and Life Sciences
10.5.1 MNS to Improve Patient Management, Monitoring, and Experience and Engagement in Healthcare Organizations
10.6 Defense and Military
10.6.1 Need for Reliable, Fast, and Ultra-Secure Communication Mode to Boost the Adoption of MNS in Defense and Military Vertical
10.7 Transportation and Logistics
10.7.1 Threats Such as Terror Activities, Plane Hijacks, Smuggling, and Weather-Related Situations to Spur the Adoption of MNS in the Transportation and Logistics Vertical
10.8 Government
10.8.1 Growing Use of MNS to Coordinate Citizens, Organizations, and Agencies During Natural Calamities or Attacks By Government Institutions
10.9 Others
11 Mass Notification Systems Market By Region (Page No. - 68)
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.1.1 Growing Implementation of Cloud, Ai and Ml Based Solutions to Fuel the Demand for MNS in the US
11.2.2 Canada
11.2.2.1 Increase in Internet Users to Drive the Growth of MNS Market in Canada
11.3 Europe
11.3.1 Germany
11.3.1.1 Industry 4.0 to Drive the MNS Market in Germany
11.3.2 United Kingdom
11.3.2.1 Safety Laws and Compliances to Fuel the Adoption of Mass Notification Solutions in the UK
11.3.3 France
11.3.3.1 Safety Concerns in Chemical and Oil & Gas to Drive the MNS Market in France
11.3.4 Spain
11.3.4.1 Increased Instances of Mishaps and Public Attacks to Drive the Mass Notification Systems Market in Spain
11.3.5 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Technological Advancement Across Different Verticals to Drive the Growth of MNS Market in China
11.4.2 Japan
11.4.2.1 Introduction of Risk Assessments, and Establishment of Oshms to Fuel the Adoption of Mass Notification Solutions in Japan
11.4.3 South Korea
11.4.3.1 Governments Initiative and Safety Laws Introduction to Drive the Adoption of Mass Notification Solutions in South Korea
11.4.4 India
11.4.4.1 Increase in Investments Among Startups and Growth of Cloud Technology Across Verticals to Trigger MNS Adoption in India
11.4.5 Rest of Asia Pacific
11.5 Middle East and Africa
11.5.1 Middle East and North Africa
11.5.1.1 Adoption of MNS in Oil and Gas Vertical to Drive the Growth of MNS Market in Mena
11.5.2 Sub-Saharan Africa
11.5.2.1 Government Initiatives to Drive the Adoption of Safety and Emergency Systems in the Sub-Saharan Africa
11.6 Latin America
11.6.1 Mexico
11.6.1.1 Growing It Infrastructure to Fuel the Adoption of Mass Notification Solutions in Mexico
11.6.2 Brazil
11.6.2.1 Emerging Startups in Brazil to Drive the Growth of Mass Notification Systems Market in the Coming Years in Brazil
11.6.3 Rest of Latin America
12 Competitive Landscape (Page No. - 89)
12.1 Competitive Leadership Mapping
12.1.1 Visionary Leaders
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies
12.2 Competitive Landscape Overview
12.3 Competitive Scenario
12.3.1 New Product Launches/Product Enhancements
12.3.2 Partnerships, Agreements, and Collaborations
12.3.3 Mergers and Acquisitions
13 Company Profiles (Page No. - 96)
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 MotoRoLA Solutions
13.2 BlackBerry AtHoc
13.3 Eaton
13.4 Honeywell
13.5 Siemens
13.6 Everbridge
13.7 Blackboard
13.8 DesKTop Alert
13.9 OnSolve (Ecn+ Mir3+ Sendwordnow)
13.10 Singlewire Software
13.11 xMatters
13.12 Alertus
13.13 Johnson Controls
13.14 Federal Signal Corporation
13.15 Rave Mobile Safety
*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, MnM View Might Not be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 128)
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details
List of Tables (58 Tables)
Table 1 United States Dollar Exchange Rate, 20162018
Table 2 Factor Analysis
Table 3 Mass Notification Systems Market Size, By Component, 20172024 (USD Million)
Table 4 Hardware: Market Size By Region, 20172024 (USD Million)
Table 5 Software and Services: Market Size By Region, 20172024 (USD Million)
Table 6 Mass Notification Systems Market Size, By Solution, 20172024 (USD Million)
Table 7 In-Building Solutions: Market Size By Region, 20172024 (USD Million)
Table 8 Wide-Area Solutions: Market Size By Region, 20172024 (USD Million)
Table 9 Distributed Recipient Solutions: Market Size By Region, 20172024 (USD Million)
Table 10 Mass Notification Systems Market Size, By Deployment Type, 20172024 (USD Million)
Table 11 On-Premises: Market Size By Region, 20172024 (USD Million)
Table 12 Cloud: Market Size By Region, 20172024 (USD Million)
Table 13 Market Size By Organization Size, 20172024 (USD Million)
Table 14 Small and Medium-Sized Enterprises: Market Size By Region, 20172024 (USD Million)
Table 15 Large Enterprises: Market Size By Region, 20172024 (USD Million)
Table 16 Mass Notification Systems Market Size, By Vertical, 20172024 (USD Million)
Table 17 Commercial and Industrial: Market Size By Region, 20172024 (USD Million)
Table 18 Education: Market Size By Region, 20172024 (USD Million)
Table 19 Energy and Utilities: Market Size By Region, 20172024 (USD Million)
Table 20 Healthcare and Life Sciences: Mass Notification Systems Market Size By Region, 20172024 (USD Million)
Table 21 Defense and Military: Market Size By Region, 20172024 (USD Million)
Table 22 Transportation and Logistics: Market Size By Region, 20172024 (USD Million)
Table 23 Government: Market Size By Region, 20172024 (USD Million)
Table 24 Others: Market Size By Region, 20172024 (USD Million)
Table 25 Mass Notification Systems Market Size, By Region, 20172024 (USD Million)
Table 26 North America: Market Size By Component, 20172024 (USD Million)
Table 27 North America: Market Size By Solution, 20172024 (USD Million)
Table 28 North America: Mass Notification Systems Market Size By Deployment Type, 20172024 (USD Million)
Table 29 North America: Market Size By Organization Size, 20172024 (USD Million)
Table 30 North America: Market Size By Vertical, 20172024 (USD Million)
Table 31 North America: Market Size By Country, 20172024 (USD Million)
Table 32 Europe: Mass Notification Systems Market Size, By Component, 20172024 (USD Million)
Table 33 Europe: Market Size By Solution, 20172024 (USD Million)
Table 34 Europe: Market Size By Deployment Type, 20172024 (USD Million)
Table 35 Europe: Mass Notification Systems Market Size By Organization Size, 20172024 (USD Million)
Table 36 Europe: Market Size By Vertical, 20172024 (USD Million)
Table 37 Europe: Market Size By Country, 20172024 (USD Million)
Table 38 Asia Pacific: Mass Notification Systems Market Size, By Component, 20172024 (USD Million)
Table 39 Asia Pacific: Market Size By Solution, 20172024 (USD Million)
Table 40 Asia Pacific: Market Size By Deployment Type, 20172024 (USD Million)
Table 41 Asia Pacific: Mass Notification Systems Market Size By Organization Size, 20172024 (USD Million)
Table 42 Asia Pacific: Market Size By Vertical, 20172024 (USD Million)
Table 43 Asia Pacific: Market Size By Country, 20172024 (USD Million)
Table 44 Middle East and Africa: Mass Notification Systems Market Size, By Component, 20172024 (USD Million)
Table 45 Middle East and Africa: Market Size By Solution, 20172024 (USD Million)
Table 46 Middle East and Africa: Market Size By Deployment Type, 20172024 (USD Million)
Table 47 Middle East and Africa: Mass Notification Systems Market Size By Organization Size, 20172024 (USD Million)
Table 48 Middle East and Africa: Market Size By Vertical, 20172024 (USD Million)
Table 49 Middle East and Africa: Market Size By Country, 20172024 (USD Million)
Table 50 Latin America: Mass Notification Systems Market Size, By Component, 20172024 (USD Million)
Table 51 Latin America: Market Size By Solution, 20172024 (USD Million)
Table 52 Latin America: Market Size By Deployment Type, 20172024 (USD Million)
Table 53 Latin America: Market Size By Organization Size, 20172024 (USD Million)
Table 54 Latin America: Market Size By Vertical, 20172024 (USD Million)
Table 55 Latin America: Mass Notification Systems Market Size By Country, 20172024 (USD Million)
Table 56 New Product Launches/Product Enhancements
Table 57 Partnerships, Agreements, and Collaborations
Table 58 Mergers and Acquisitions
List of Figures (30 Figures)
Figure 1 Global Mass Notification Systems Market: Research Design
Figure 2 Competitive Leadership Mapping Criteria Weightage
Figure 3 Mass Notification Systems Market Bottom-Up and Top-Down Approaches
Figure 4 In-Building Solutions Segment to Hold the Highest Market Share in 2019
Figure 5 Market Snapshot By Region
Figure 6 Increasing Adoption of byod Trend and the Need for End-To-End Crisis Communication to Boost the Mass Notification Systems Market
Figure 7 Commercial and Industrial Segment to Grow at the Highest CAGR During the Forecast Period
Figure 8 North America to Hold the Highest Market Share in 2019
Figure 9 Education Vertical and the United States to Dominate the Mass Notification Systems Market in North America in 2019
Figure 10 Mass Notification Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 11 Software and Services Component to Exhibit a Higher CAGR During the Forecast Period
Figure 12 Distributed Recipient Solutions to Exhibit the Highest CAGR During the Forecast Period
Figure 13 Cloud Deployment Type to Exhibit a Higher CAGR During the Forecast Period
Figure 14 Small and Medium-Sized Enterprises to Exhibit a Higher CAGR During the Forecast Period
Figure 15 Commercial and Industrial Vertical to Exhibit the Highest CAGR During the Forecast Period
Figure 16 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 17 North America: Mass Notification Systems Market Snapshot
Figure 18 Asia Pacific: Market Snapshot
Figure 19 Market (Global) Competitive Leadership Mapping, 2019
Figure 20 Key Developments in the Mass Notification Systems Market During 20172019
Figure 21 Motorola Solutions: Company Snapshot
Figure 22 Motorola Solutions: SWOT Analysis
Figure 23 BlackBerry AtHoc: SWOT Analysis
Figure 24 Eaton: Company Snapshot
Figure 25 Eaton: SWOT Analysis
Figure 26 Honeywell: Company Snapshot
Figure 27 Honeywell: SWOT Analysis
Figure 28 Siemens: Company Snapshot
Figure 29 Siemens: SWOT Analysis
Figure 30 Everbridge: Company Snapshot
The study involved 4 major activities in estimating the current market size for the Mass Notification Systems Market. An exhaustive secondary research was done to collect information on the MNS market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the MNS market.
Secondary Research
In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, BusinessWeek, Factiva, and various journals for eLearning (Current Issues in Emerging eLearning (CIEE), The Electronic Journal of eLearning (EJEL), International Journal of Advanced Corporate Learning (iJAC), and Australasian Journal of Educational Technology (AJET)) have been referred, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.
Primary Research
The Mass Notification Systems Market comprises several stakeholders, such as MNS vendors, cloud platform and service providers, cloud service brokers, system integrators, resellers and distributors, research organizations, government agencies, enterprise users, venture capitalists, private equity firms, and startup companies. The demand side of the MNS market consists of enterprises across industry verticals, including commercial and industrial (automotive), education, energy and utilities, healthcare and life sciences, defense and military, transportation and logistics, and government. The supply side includes MNS solution providers offering MNS and services. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of the primary respondents:
Mass Notification Systems Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Mass Notification Systems Market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall Mass Notification Systems Market size, the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides across industries.
Report Objectives
- To define, describe, and forecast the Mass Notification Systems Market by component (hardware, and software and services), solution (in-building solutions, wide-area solutions, and distributed recipient solutions), deployment type (on-premises and cloud), organization size (large enterprises and SMEs), vertical, and region
- To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the MNS market
- To analyze the market with respect to individual growth trends, prospects, and contributions to the Mass Notification Systems Market
- To forecast the market size of 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the MNS market
- To profile the key players in the MNS market and comprehensively analyze their core competencies in each subsegment
- To analyze the competitive developments, such as new product launches and product enhancements, partnerships, collaborations, agreements, and mergers and acquisitions, in the Mass Notification Systems Market.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix gives a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakup of the North American market into the US and Canada
- Further breakup of the European market into the UK, Germany, France, Spain, and Rest of Europe
- Further breakup of the APAC market into China, Japan, South Korea, India, and Rest of APAC
- Further breakup of the MEA market into South Africa, the MENA and Sub Saharan Africa
- Further breakup of the Latin American market into Brazil, Mexico, and Rest of Latin America
Company Information
- Detailed analysis and profiling of additional market players (up to five)
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