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Mass Notification Systems Market| MNS Market Analysis, Revenue and Forecast 2020-25
Mass Notification Systems Market
Some of the key players being Eaton Corporation PLC NYSE: (ETN), Everbridge Inc NASDAQ: (EVBG), Honeywell International Inc. NYSE: (HON), Alertus, Airbus DS Communications, Blackboard, Desktop Alert, IBM Corporation, Motorola Solutions, Omnilert LLC, OnSolve LLC, Rave Mobile Safety, Siemens, Singlewire Software, xMatters, etc.
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Mass notification systems are used to send notifications about bomb threats, Shelter in Place (SIP) directions, alternate building evacuation routes, and offer announcements related to earthquakes, lightning occurrences and weather changes. Owing to these benefits, there is a rise in the demand for these systems, particularly at remote locations. Apart from this, the increasing penetration of the internet, along with the boosting sales of smartphones around the world, is further driving the market growth. Furthermore, the integration of cloud-based services is anticipated to create a positive outlook for the market in the coming years. Looking forward, IMARC Group expects the market to reach a value of US$ 13 Billion by 2025, registering a CAGR of 12% during 2020-2025.
Market Breakup by Deployment Type:
o On-Premise
o Cloud
Market Breakup by Component:
o Hardware
o Software
o Services
Market Breakup by Solution:
o In-Building Solutions
o Wide-Area Solutions
o Distributed Recipient Solutions
Market Breakup by Application:
o Integrated Public Alert & Warning
o Emergency Communication
o Disaster Recovery
o Others
Market Breakup by Vertical:
o Commercial and Industrial
o Energy and Utilities
o Education
o Healthcare and Life Sciences
o Transportation and Logistics
o Defense and Military
o Government
o Others
Ask Analyst and Download Full Report with List of Figure: https://www.imarcgroup.com/mass-notification-systems-market
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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