Mass Notification Systems Market

Mass Notification Systems Market worth $17.3 billion by 2024

According to a research report "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", published by MarketsandMarkets, Estimated to be USD 7.3 billion in 2019, the Mass Notification Systems (MNS) market is projected to surpass USD 17.3 billion by 2024, registering a CAGR of 18.8% during the forecast period.

Browse 58 market data Tables and 30 Figures spread through 135 Pages and in-depth TOC on "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"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/mass-notification-market-1248.html

The growth of this market is driven by the growing concern for public safety and security and the increasing implementation of Internet Protocol (IP)-based notification devices.

The hardware segment to hold a higher market share than the software and services segment during the forecast period

The hardware segment in the MNS market consists of various electronic components that are used to convey the messages through the exchange of information by speech, visuals, or signals. Ease of propagation of alerts through clear and concise voice communications has resulted in the wide deployment of the hardware MNS . The hardware segment of mass notification solutions includes displays, speakers (giant voices/speaker array systems, and indoor speakers) with strobe lights, controllers. These systems are most commonly used in defense and military, government, public safety, and commercial and industrial automotive verticals.

Commercial and industrial vertical to witness the highest CAGR during the forecast period

The commercial and industrial vertical deploys the MNS in places, such as shopping malls, restaurants, movie theatres, office complexes, and service stations. The MNS and solutions specifically designed for the commercial vertical are instrumental in informing and warning the masses related to the possible natural disasters, building evacuations, fire outbreaks, accidents, power outages, weather information, alarm and emergency signaling, and criminal activities in the building or commercial and industrial automotive space. The use of MNS in the commercial vertical can be of great importance as this vertical is more prone to disasters and emergencies.

Among regions, North America to hold the highest market share during the forecast period

North America comprising the US and Canada has witnessed a phenomenal growth in the MNS market. The US is the most developed country and is contributing maximum share in the MNS market. There has been an increased awareness about MNS in the region after the 9/11 terrorist attacks. Moreover, the increase in occurrence of campus shootouts has troubled the law enforcement agencies. After the 9/11 terrorist attacks, the Department of Defense (DoD) issued stringent norms related to installation and management of MNS in industrial enterprises, public installations, and defense installations. Most of the law enforcement agencies in the US, such as federal agencies, Marine Corps, US Army, and defense installations, have deployed MNS for instant intelligent alerts and better and quick response management.

Some of the major vendors in the MNS market are 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).

Don’t miss out on business opportunities in Mass Notification Systems Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
TC 3423
PR Published ON
9/3/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Mass Notification Systems Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home