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Mass Notification System Market Size Forecasted To Achieve $14.98 Billion By 2029 With Steady Growth
The Mass Notification System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Mass Notification System Market Size and Projected Growth Rate?
The market size of the mass notification system has experienced significant growth in the last few years. The market, which was valued at $9.66 billion in 2024, is projected to increase to $10.39 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.5%. The historical growth of this market can be traced back to robust economic development in emerging markets, an escalating demand for public security and safety, rise in criminal activities and terrorist incidents, along with widespread adoption of this system in hospitals and medical institutions.
A significant increase in the mass notification system market size is anticipated in the coming years, with a projected growth to $14.98 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. This robust growth predicted for the forecast period is due to the escalating use of online platforms, intensifying usage of smartphones, burgeoning urbanization, and increased mergers and acquisitions. Trends anticipated in the forecast years incorporate growing demand for cloud-related mass notification systems, multi-channel alerts, heightened use of technology in mass notification systems, manufacturers of these systems leveraging IoT technology, progress in infrastructure, and the use of geofencing in mass notification systems.
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What Are the Major Segments in the Mass Notification System Market?
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
Subsegments:
1) By Building: Indoor Alert Systems, Intercom Systems, Emergency Communication Systems
2) By Wide Area: Outdoor Siren Systems, Community Alert Systems, Emergency Alert Radio Systems
3) By Distributed Recipient: Mobile Notification Systems, Email And SMS Notification Systems, Social Media Notification Systems
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What Are The Driving Mass Notification System Market Evolution?
The expansion of the mass notification systems market is being propelled by the increasing prevalence of smartphones. A smartphone is a portable electronic gadget that necessitates a link to a cellular network. One-way messages are sent via mass notification systems through email, smartphones, office phones, and residential phones. For example, Uswitch Limited, a UK price comparison service website, reported in February 2024 that by 2022, 86% of UK residents used mobile devices for internet access. Smartphone ownership amongst younger adults was nearly universal, with 98% of those aged 16-24 owning one. That year, the total number of active mobile subscriptions in the UK exceeded 83 million. By 2023, half of all nine-year-olds in the UK had their own smartphones. It's predicted that by 2025, the UK population will reach 68.3 million, with around 65 million people, or 95% of the population, likely to be smartphone users. This suggests a substantial rise in mobile connectivity.
Which Firms Dominate The Mass Notification System Market Segments?
Major companies operating in the mass notification system market include Everbridge Inc., BlackBerry Limited, Balckboard Inc., Alertus Technologies LLC, Singlewire Software LLC, Atlassian, SK Telecom, 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.
What Trends Are Driving Growth in The Mass Notification System Market?
Advances in technology are influencing the development of the mass notification systems market. Many firms are incorporating new technology to offer superior products to their consumers. To illustrate, Crisis24, a risk management company based in Canada and a subsidiary of GardaWorld, launched TopoONE in June 2023. This state-of-the-art mass notification system is designed for crucial event management platforms. This advanced system elevates the platform's ability to distribute information effectively during emergencies or significant events. Utilizing cutting-edge communication tools, the mass notification system enables organizations to issue instant alerts, guaranteeing a swift and precise flow of essential information to pertinent parties, such as employees, clients, and other key groups.
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Which Is The Largest Region In The Mass Notification System Market?
North America was the largest region in the mass notification system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mass notification system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mass Notification System Market?
2. What is the CAGR expected in the Mass Notification System Market?
3. What Are the Key Innovations Transforming the Mass Notification System Industry?
4. Which Region Is Leading the Mass Notification System Market?
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