Press release
Mass Notification System Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Everbridge Inc., BlackBerry Limited, Balckboard Inc., Alertus Technologies LLC
Mass Notification System Global Market Report 2024
The mass notification system market size is expected to see strong growth in the next few years. It will grow to $12.27 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to surge in usage of online platforms, growing use of smartphones, rising urbanization, rise in mergers and acquisitions. Major trends in the forecast period include rise in demand for cloud-based mass notifications systems, multi-channel notifications, increased implementation of technology across mass notification systems, mass notification system manufacturers adopting iot technology, infrastructure advancements, and mass notification systems using geofencing.
Market Overview -
The mass notification system refers to a platform that sends one-way messages to inform employees and the public of an emergency. Organizations best served by a mass notification system include fire and police departments, emergency management organizations, federal, state, and local governments, cities and communities, building owners and building management companies, and businesses that will justify their need and investment. Such systems will improve the safety and security of an organization by providing alerts and real-time instruction during a crisis. A mass notification system is having a database of names, phone numbers, email addresses, and delivery method
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Growing Smartphone Usage Propels Expansion Of Mass Notification Systems Market
The growing use of a smartphone is driving the growth of the mass notification systems market. Smartphone refers to a handheld electronic device that will require a connection to a cellular network. Mass notification systems will send one-way messages through email, smartphones, office phones, and home phones. For instance, according to Oberlo, an extension of the Shopify platform, data 2021, smartphone usage has been expected to continue to increase in the further years, breaching seven billion in 2024 before rising further to 7.5 billion by 2026. The growing use of a smartphone will drive the growth of the mass notification system market.
Competitive Landscape -
Major companies operating in the mass notification system market report are Everbridge Inc., BlackBerry Limited, Balckboard Inc., Alertus Technologies LLC, Singlewire Software LLC, Atlassian, SK Telecom, Foxconn Industrial Internet, Huanyu Group, J&R Technology Ltd, Netpresenter, Bosch Limited, Transputec Ltd, Alert Cascade Limited, CALLMY, HARMAN, Klipsch Group Inc, IBM, Rave Mobile Safety, American Signal Corporation (ASC), ATI Systems, Alertmedi, Crisisgo, Omnilert, Ruvna, Mircom, Omingo, Onsolve, Voyent Alert, Squadcast, Cosafe Technology, Athoc Inc, Cooper Industries, Regroup Mass Notification, Redflag, Wonderpush, KONEXUS, Crises Control.
Ai-Enabled In-Car Video Systems For Enhanced Law Enforcement Capabilities
Technological advancements 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 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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Key Segments -
The mass notification system market covered in this report is segmented -
1) By Type: Building, Wide Area, Distributed Recipient
2) By Component: Solutions, Services
3) By Deployment: Cloud, On-Premises
4) By Organization: Large Enterprises, Small And Medium-Sized Enterprises (SMES).
5) By Applications: Emergency Response Management, Business Continuity And Disaster Recovery, Public Alert And Warning, Reporting And Analytics, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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