Mass Notification Systems Industry to Post a CAGR of 19.2% Over 2019-2027
DUBLIN, Feb. 11, 2020 /PRNewswire/ -- The "Global Mass Notification Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027" report has been added to ResearchAndMarkets.com's offering.
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The overall mass notification systems market worldwide was valued at US$ 6.5 billion in 2018 and is set to grow with a CAGR of 19.2% during the forecast period.
The global mass notification systems market is highly driven by increasing concerns regarding public safety and security across the globe. Furthermore, factors such as growing need to maintain commercial steadiness, awareness, and adoption of advanced emergency systems and growing demand for rapid notification or reporting systems are also driving the growth of this market.
Moreover, mass notification systems can be available in various formats such as email, SMS, web, and social media which provides various opportunities for the players to improvise their solutions. However, a lack of regulatory policies in various industries, limited awareness, and inadequate hardware infrastructure are expected to restrain the growth of this market during the forecast period.
Based on the deployment model, the mass notification systems market was segmented into on-premise and cloud-based models. The on-premise model dominated the market by holding a market share of over 60%, however, based on technological advancements and advantages associated with cloud computing, the cloud-based models are likely to experience exponential growth.
Based on geography, North America accounted for the largest market share due to the increasing adoption of cloud-based solutions and growing advancements in emergency response systems. In North America, the US is the prominent market shareholder and is projected to witness a significant growth of over 20% during the forecast period.
Some of the prominent players operating in the mass notification systems market include BlackBerry AtHoc, Motorola Solutions, Eaton, Siemens, Honeywell, Everbridge, Desktop Alert, Blackboard, Rave Mobile Safety, OnSolve, xMatters, Singlewire Software, Alertus, Federal Signal Corporation, and Johnson Controls.
Key Topics Covered
Chapter 1 Preface
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Mass Notification Systems Market
2.1.1 Global Mass Notification Systems Market, by Type, 2017 (US$ Bn)
2.1.2 Global Mass Notification Systems Market, by Component, 2017 (US$ Bn)
2.1.3 Global Mass Notification Systems Market, by Deployment, 2017 (US$ Bn)
2.1.4 Global Mass Notification Systems Market, by Industry Verticals, 2017 (US$ Bn)
2.1.5 Global Mass Notification Systems Market, by Geography, 2017 (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Mass Notification Systems Vendors, 2017
Chapter 4 Global Mass Notification Systems Market, by Type
4.1 Overview
4.2 In-building Solutions
4.3 Wide-area Solutions
4.4 Distributed Recipient Solutions
Chapter 5 Global Mass Notification Systems Market, by Component
5.1 Overview
5.2 Services
5.3 Solutions
Chapter 6 Global Mass Notification Systems Market, by Deployment
6.1 Overview
6.2 On-premises
6.3 Cloud
Chapter 7 Global Mass Notification Systems Market, by Industry Verticals
7.1 Overview
7.2 Commercial and Industrial
7.3 Education
7.4 Energy and Utilities
7.5 Healthcare and Life Sciences
7.6 Defense and Military
7.7 Transportation and Logistics
7.8 Government
7.9 Others
Chapter 8 North America Mass Notification Systems Market Analysis, 2019 - 2027 (US$ Bn)
Chapter 9 Europe Mass Notification Systems Market Analysis, 2019 - 2027 (US$ Bn)
Chapter 10 Asia Pacific Mass Notification Systems Market Analysis, 2019 - 2027 (US$ Bn)
Chapter 11 Rest of the World (RoW) Mass Notification Systems Market Analysis, 2019 - 2027 (US$ Bn)
Chapter 12 Company Profiles
12.1 BlackBerry AtHoc
12.2 Motorola Solutions
12.3 Eaton
12.4 Honeywell
12.5 Siemens AG
12.6 Everbridge
12.7 Blackboard
12.8 Singlewire Software
12.9 Federal Signal Corporation
12.10 Johnson Controls
For more information about this report visit https://www.researchandmarkets.com/r/gc4f9z
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