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Mass Notification Systems Market: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

11-02-2021 10:24 AM CET | Media & Telecommunications

Press release from: Evolve Business Intelligence

Mass Notification Systems Market: Global and Regional Analysis

According to the report, the global Mass Notification Systems market is expected to grow from $7.44 Billion in 2020, which is expected to reach $35.26 Billion by 2028, growing at the CAGR of 20.89% from 2020 to 2028. The major factor driving the growth of the market is the growing threats in terms of emergencies, terrorism, crimes, etc. in addition to the increased risk in the private and public sectors. The major factor restraining the growth of the Mass Notification Systems Market is primarily the widespread preference for Instant Messaging Systems over SMSs.

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The recently published research report on the Global Mass Notification Systems Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Mass Notification Systems market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Mass Notification Systems market report also includes the following data points:
• COVID19 Impact on Mass Notification Systems market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Mass Notification Systems market

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Key Players
Some of the major Mass Notification Systems players holding high market share include Google, Motorola Solutions, Honeywell, Everbridge, AlertFind. These players use expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Google
• Motorola Solutions
• Honeywell
• Everbridge
• AlertFind
• ATI Systems
• CrisisGo
• Johnson Controls
• Rave Mobile Safety
• Federal Signal Corporation

Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Mass Notification Systems Market:
o Software
o Services

Market Segment By Deployment Mide with focus on market share, consumption trend, and growth rate of Mass Notification Systems Market:
o On-Premise
o Cloud

Market Segment By Type with a focus on market share, consumption trend, and growth rate of Mass Notification Systems Market:
o In-Building Solutions
o Wide-Area Solutions
o Distributed Recipient Solutions
Market Segment By Industry Vertical with a focus on market share, consumption trend, and growth rate of Mass Notification Systems Market:
o BFSI
o Energy & Utilities
o Education
o Healthcare
o Government & Defense
o Transportation & Logistics
o Others

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Global Mass Notification Systems Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America holds the largest market share due to their significant rise in the number of people as well as institutes that use this system.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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