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Mass Notification System Market Report: Major Key Players, Growth And Analysis, Forecast To 2033
Mass Notification System Market Report
As per the report, the mass notification system market size has grown strongly in recent years. It will grow from $8.67 billion in 2023 to $9.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. 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%.
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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.
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.
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
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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.
Contents of the report:
1. Executive Summary
2. Mass Notification System Market Report Structure
3. Mass Notification System Market Trends And Strategies
4. Mass Notification System Market - Macro Economic Scenario
5. Mass Notification System Market Size And Growth
…..
27. Mass Notification System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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