Mass Notification Systems Market

Growing Concerns for Public Safety and Security, and Increasing Awareness About Mass Notification Systems (MNS) for Business Continuity are the Major Factors that are Driving the Growth of the Mass Notification Systems Market

MNS provide real-time information and instructions about the emergency situations in an area, a building, or other spaces to people, first responders, and law enforcement agencies. MNS propagate well-directed messages to reduce panic and chaos among the masses. Inadequate rules and regulations across verticals and hardware infrastructure prone to single point failure can be seen hindering the growth of the MNS market, but these factors are expected to be impactful only for a short period.

MarketsandMarkets expects the global MNS market size to grow from USD 4.86 Billion in 2017 to USD 11.87 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.6%.

Companies such as Airbus DS Communications, Inc., BlackBerry AtHoc, Inc., Blackboard, Inc., Desktop Alert, Inc., Eaton Corporation, Everbridge, Inc., Honeywell International, Inc., Omnilert LLC, OnSolve, Siemens AG, Singlewire Software, LLC, and xMatters, Inc. have created leading mass notification software and solutions to cater to the needs and demands of the MNS market. These players have adopted various growth strategies, such as acquisitions, agreements, partnerships, new product launches, and product upgradations, to provide innovative offerings and increase profitability.

For instance, BlackBerry AtHoc, Inc. has adopted the strategies of partnerships, agreements, new solution launches, and product upgradations. In May 2017, BlackBerry AtHoc launched a new AtHoc Account, a FedRAMP-authorized solution that automates personnel accountability and crisis communication processes by providing safety and availability updates of people before, during, and after an event, ultimately offering the information needed by leaders to make operational decisions.

Everbridge, Inc. has adopted the strategies of partnerships, acquisitions, alliances, new product launches, and product upgradations to expand its market presence. In January 2017, Everbridge acquired IDV Solutions, LLC, a leading provider of threat assessment and operational visualization software, to help enhance its Critical Event Management (CEM) platform for dynamically assessing, responding to, and managing the resolution of a wide range of threats and disruptions that are likely to impact an organization’s daily operations.

Related Reports:

Mass Notification Systems Market by Solution (In-Building, Wide-Area, Distributed Recipient), Application (Interoperable Emergency Communication, Business Continuity and Disaster Recovery), Deployment Type, Vertical, and Region - Global Forecast to 2022

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

Report Code
TC 3423
Published ON
Jul, 2017
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