openPR Logo
Press release

Mass Notification Systems Market Projected to Grow $17.3 billion by 2024

06-03-2020 11:25 AM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

Mass Notification Systems Market, Mass Notification Systems

Mass Notification Systems Market, Mass Notification Systems

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1248

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.

Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1248

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).

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

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mass Notification Systems Market Projected to Grow $17.3 billion by 2024 here

News-ID: 2065943 • Views:

More Releases from MarketsandMarkets™

Feed Premix Market, Global Industry Size Forecast
The global feed premix market size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to increasing awareness about feed quality, and the implementation of innovative animal husbandry practices to improve meat quality are the important drivers for
Water-soluble Fertilizers Market is Expected to Grow $23.9 billion in 2028
According to a research report "Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, and Potassic), Mode of Application (Foliar and Fertigation), Form (Dry and Liquid), Crop Type (Field Crop, Horticulture Crops, Turf & ornaments) and Region - Global Forecast to 2028" published by MarketsandMarkets, the water-soluble fertilizers market is estimated at USD 18.3 billion in 2023 and is projected to reach USD 23.9 billion in 2028, at a CAGR of 5.5%.
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading Key Players are Cerner Corporation (US), Epic Systems Corporation (US), Koninklijke Philips (Netherlands)
Population Health Management (PHM) Market worth $53.3 billion by 2027 - Leading …
Population Health Management (PHM) Market is projected to grow from USD 27.8 billion in 2022 to USD 53.3 billion by 2027, at a CAGR of 13.9% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Growth in this market is driven by the opportunities offered by the emerging markets in healthcare. However, lack of data management, and interoperability issues are expected to challenge the growth of this
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are Boehringer Ingelheim International GmbH (Germany), Zoetis Inc. (US), Elanco Animal Health Incorporated (US), Merck & Co., Inc. (US)
Veterinary Pain Management Market worth $2.5 billion - Leading Key Players are B …
Veterinary Pain Management Market is projected to grow from USD 1.8 billion in 2022 to USD 2.5 billion by 2027, at a CAGR of 6.7% from 2022 to 2027, according to a new report by MarketsandMarkets™. The Pain is the physiological term to describe the chemical processes that are at work in the body that receive a stimulus, modify it, and transfer it to the brain for interpretation and reaction.

All 5 Releases


More Releases for MNS

Mass Notification Systems (MNS) Market Size Worth USD 11.87 Billion at CAGR of 1 …
The primary factors that are driving the growth of this market are the rising concerns for public safety and security and awareness about MNS for business continuity. Market Size – USD 4.86 Billion in 2019, Market Growth - CAGR of 19.6% between 2019 and 2026, Market Trends – Growing use of BYOD devices and rising concern for public safety  The Mass Notification Systems (MNS) Market size is expected to grow from USD 4.86 Billion
Mass notification systems mns market to reap over us$ 11.87 billion in revenues …
INDUSTRY OVERVIEW OF THE MASS NOTIFICATION SYSTEMS MNS MARKET 2016-2027: Summary: The Global Mass Notification Systems Mns Market Report by Reports and Data studies the Mass Notification Systems Mns Market status, segments, and market value by manufacturers, types, applications, and regions. The research report is a combination of primary as well as secondary research. It sheds light on the major factors impacting the growth of the Mass Notification Systems Mns Market. Also,
Mass Notification Systems (MNS) Market 2020 by Business Opportunity, Innovations …
The Mass Notification Systems (MNS) Market size is expected to grow from USD 4.86 Billion in 2018 to USD 11.87 Billion by 2026, at a CAGR of 19.6%. Rising concerns for public safety & security, increasing awareness about MNS for business continuity, increasing deployment of the Internet Protocol (IP) established notification devices, and the growing adoption of the Bring Your Own Device (BYOD) trend are the major factors driving the growth
Mass Notification Systems Market| MNS Market Analysis, Revenue and Forecast 2020 …
According to the latest report by IMARC Group, titled "Mass Notification System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global mass notification system market reached a strong growth in 2019. A mass notification system (MNS) is a solution for delivering information to users during an emergency. It has a database that comprises names, phone numbers, email addresses and delivery methods. It plays a vital role in
Mass Notification Systems (MNS) Market Regional Outlook by 2026: BlackBerry AtHo …
The primary factors that are driving the growth of this market are the rising concerns for public safety and security and awareness about MNS for business continuity. Market Size – USD 4.86 Billion in 2019, Market Growth - CAGR of 19.6% between 2019 and 2026, Market Trends – Growing use of BYOD devices and rising concern for public safety The Mass Notification Systems (MNS) Market size is expected to grow from
Mass Notification Systems (MNS) Market 2018 by Top Key Players: Bronkhorst, Broo …
Market Study Report recently introduced new title on “2018-2023 Global Mass Notification Systems (MNS) Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2023. Growing concerns for public safety and security, and the increasing awareness about Mass Notification Systems (MNS) for business continuity are driving the growth of the MNS market. Request a sample of this