Mass Notification System Market To Display A Growth Of $16.84 Billion With A CAGR Of 16.7% By 2025 | Grand View Research, Inc.

February 05 12:51 2021
Mass Notification System Market To Display A Growth Of $16.84 Billion With A CAGR Of 16.7% By 2025 | Grand View Research, Inc.

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According to the report published by Grand View Research, Inc., continuously increasing adoption of mass notification systems by major organizations to provide good service to their consumer base along with numerous technology advancements and increasing usage of smartphones are some of the factors helping the market on a high growth trajectory.

According to a report, “Mass Notification System Market Size, Share & Trends Analysis Report, By Component, By Organization Size, By Solution, By Application, By Vertical, By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc. The global mass notification system market size is expected to reach USD 16.84 billion by 2025, registering a CAGR of 16.7% from 2019 to 2025, according to a new report by Grand View Research, Inc. A mass notification system allows users to contact a large number of people instantly with minimum efforts required by the initiator. In recent years, this system has overcome the disadvantages of conventional methods such as manual call trees, radio and television, and area alarms. Currently, the need to quickly alert people about emergencies has become pivotal and this has driven the adoption of such systems.

Growing awareness about the wide range of benefits provided by mass notification systems such as faster incident resolution and recovery by instant messaging in minimal time is resulting in faster growth for the market. Also, it helps reduce communication costs by using a subscription-based pricing model and eliminating the need for hardware such as desktops. In addition to this, improved employee safety, better compliance tracking and reporting, and increased customer satisfaction are some of the other benefits driving the growth of the market.

Recently, major players in the market are investing heavily in integration of voice and digital communication, which is believed to increase the return on investment (ROI) and reduce costs and damages. Vendors in the market are focusing on providing such systems with single platform system integration. This would be done by integrating multiple communication channels on one platform.

Some of the market players in the market are BlackBerry Limited; Blackboard Inc.; Desktop Alert, Inc.; Eaton; Everbridge; Honeywell International Inc; Motorola Solutions, Inc.; OnSolve; Singlewire Software, LLC; xMatters.

Europe mass notification system market size, by component, 2014 - 2025 (USD Million)

Mass Notification System Market Report Highlights

  • Adoption by major organizations worldwide gives a major boost to the market. For instance, in January 2021, NATO Supreme Headquarters Allied Powers Europe (SHAPE) successfully deployed the Desktop Alert Networked Mass Notification Platform. After 5 years of proven success the Desktop Alert Mass Notification Platform is now being adopted by NATO member nations worldwide.

  • In June 2020, BlackBerry Limited announced that its FedRAMP-authorized BlackBerry AtHoc crisis communication system continues to expand on its leading position within the U.S. Federal Government with USDOT, U.S. FTC and the U.S. Department of HHS using BlackBerry AtHoc for secure crisis response.

  • An increasing need for strengthening an organization’s ability to communicate with its employees during an emergency has driven the adoption of mass notification systems

  • Displaying of emergency broadcasts on digital signages such as display screens at public places to provide information to the public on a timely basis is one of the key trends in the market      

  • Increasing adoption of mass notification systems in education and corporate sectors is driving the growth of the market

  • On the basis of region, the North American market accounted for the highest share of the market in 2018 owing to increasing adoption of these systems in diverse industries

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Mass Notification System Market Segmentation

Grand View Research has segmented the global mass notification system market on the basis of component, organization size, solution, application, vertical, and region:

Mass Notification System Component Outlook (Revenue, USD Million, 2014 – 2025)

  • Hardware

  • Software

  • Service

Mass Notification System Organization Size Outlook (Revenue, USD Million, 2014 – 2025)

  • Small & Medium-sized Enterprises (SMEs)

  • Large Enterprises

Mass Notification System Solution Outlook (Revenue, USD Million, 2014 – 2025)

  • Wide-area Solutions

  • In-building Solutions

  • Distributed Recipient Solutions

Mass Notification System Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Integrated Public Alert & Warning

  • Interoperable Emergency Communication

  • Business Continuity & Disaster Recovery

Mass Notification System Vertical Outlook (Revenue, USD Million, 2014 – 2025)

  • Corporate

  • Education

  • Energy & Utilities

  • Healthcare & Life Sciences

  • Aerospace & Defense

  • Government

  • Others

Mass Notification System Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.

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