Global Mass Notification System Market Projected to Grow at 9.3% CAGR, Reaching $14.72 Billion by 2029

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What Will the Mass Notification System Industry Market Size Be by 2025?
The market size for mass notification systems has seen robust growth over the past few years. The market is forecasted to expand from a size of $9.66 billion in 2024 to $10.33 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.8%. Factors contributing to this growth during the historical period include solid economic progress in developing markets, augmented demand for public safety and security, an increase in crime and terrorism, and widespread adoption of these systems across medical institutions and hospitals.

What's the Long-Term Growth Forecast for the Mass Notification System Market Size Through 2029?
The market size for mass notification systems is predicted to witness significant expansion in the coming years. The market is set to reach a value of $14.72 billion in 2029, with a compound annual growth rate (CAGR) of 9.3%. This projected growth during the forecast period is likely due to the increased usage of online platforms, a surge in smartphone usage, accelerated urbanisation, and a higher number of mergers and acquisitions. Forthcoming trends in the forecast period include growing demand for cloud-based mass notification systems, the popularity of multi-channel notifications, broader technological implementation within mass notification systems, manufacturers of these systems embracing IoT technology, improvements in infrastructure, and the application of geofencing in mass notification systems.

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What Are the Key Growth Drivers Fueling the Mass Notification System Market Expansion?
The mass notification systems market is experiencing a surge due to the increasing adoption of smartphones. A smartphone is a portable electronic device that necessitates a cellular network connection. Via smartphones, office and home phones, and email, mass notification systems deliver one-way messages. For example, data from Uswitch Limited, a UK-based price comparison service website, suggested that by 2022, 86% of UK residents used mobile devices to access the internet. The figure was practically universal for younger adults, with 98% of 16-24 year olds owning a smartphone. In that year, the UK saw more than 83 million active mobile subscriptions. By 2023, half of all nine-year-olds in the UK had their own smartphones. Forecast for 2025 show the UK population hitting 68.3 million, with an anticipated 95%, or approximately 65 million people, projected to be smartphone users, showing a substantial increase in mobile connectivity.

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What Are the Key Trends Driving Mass Notification System Market Growth?
Mass notification systems market is being moulded by innovative technological advancements. Numerous firms are embracing this new technology to offer superior products to their clientele. In June 2023, for example, Crisis24 a Canada-based risk management company under the umbrella of GardaWorld, launched TopoONE. This sophisticated mass notification system is designed for critical event management platforms. The system elevates the platforms' capability to efficiently share information during critical scenarios or emergencies. By utilizing cutting-edge communication tools, the mass notification system facilitates organizations in dispatching real-time alerts, hence ensuring timely and correct transmission of crucial information to relevant stakeholders including employees, clients, and other vital groups.

How Is the Mass Notification System Market Segmented?
The mass notification systemmarket 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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Which Companies Are Leading the Charge in Mass Notification System Market Innovation?
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.

Which Regions Are Leading the Global Mass Notification System Market in Revenue?
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.

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