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Mass Notification System Market 2023-2032: Future Outlook, Latest Trends, Growth Strategy And Major Players | Siemens, Everbridge, Honeywell, Eaton, Motorola Solutions, Blackboard
Mass Notification System Market
The Business Research Company's Mass Notification System Global Market Report 2023 identifies growing use of a smartphone as the major driver for the Mass Notification System Market's growth in the forecast period. Mass notification systems will send one-way messages through email, smartphones, office phones, and home phones.
The global mass notification system market size will grow from $12.41 billion in 2022 to $14.93 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the mass notification system is expected to grow to $30.97 billion in 2027 at a CAGR of 20.0%.
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Major competitors in the mass notification system market are Siemens, Everbridge, Honeywell, Eaton, Motorola Solutions, Blackboard, IBM, Google, BlackBerry, Johnson Controls, Singlewire Software, American Signal Corporation, CrisisGo, Omnilert, Alertus, Metissecure, AtHoc Inc., Mircom, Klaxon Technologies, ATI Systems, Crises Control, AFA Protective Systems Inc and Airbus DS Communications.
A key trend in the Mass Notification System Market includes technological advancement. Technological advancement are shaping the mass notification systems market. Many companies are adopting new technologies to provide enhanced products to their users. In October 2021, Motorola Solutions has launched the first AI-enabled in-car video system for law enforcement, the M500, in Europe. The solution will bring more powerful capabilities to the police vehicle for enhancing awareness and safety while building trust and transparency throughout communities. The M500 features new backseat passenger analytics which will automatically start the in-car camera recording when an individual enters the back of a police car. The recording is automatically saved in the recording.
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The Mass Notification System Market is segmented -
By Type: In-Building, Wide Area, Distributed Recipient
By Component: Solutions, Services
By Deployment Mode: Cloud, On-premises
By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
By Applications: Emergency Response Management, Business Continuity And Disaster Recovery, Public Alert And Warning, Reporting And Analytics, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Mass Notification System Market.
The Business Research Company's "Global Mass Notification System Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Mass Notification System Market Include:
1. Executive Summary
2. Mass Notification System Market Characteristics
3. Mass Notification System Market Trends And Strategies
4. Mass Notification System Market - Macro Economic Scenario
5. Mass Notification System Market Size And Growth
……
26. Africa Mass Notification System Market
27. Mass Notification System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mass Notification System Market
29. Mass Notification System Market Future Outlook and Potential Analysis
30. Appendix
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