Press release
Mass Notification System Market : Asia-Pacific Expected to Grow at a fast pace over 2017-2023
Market Synopsis of Global Mass Notification System Market:
Market Scenario:
Mass notification system can be defined as a platform which sends one way messages to employees and other people in case of an emergency. The system also improves security & safety of an organization by providing real time instruction in case of crisis.
The factors contributing to the growth of the mass notification system market are increasing awareness of mass notification system by various businesses, growing implementation of IP-based notification devices, helps individuals to prepare during an emergency or crisis and the increasing adoption of BYOD devices. Furthermore, factors such as increasing collaborations and partnerships, increasing cloud based deployment and technological advancements are expected to boost the overall growth of the market. However, issues related to privacy and other rules & regulations related to the product are hampering the growth of the mass notification system market.
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The system is basically used to provide information and instructions to people in a particular area by using voice communications such as signals, texts, and graphics among others. The hardware component segment accounted for the largest market share.
Geographically, North-America accounted for the largest market share in the global mass notification system market, whereas Asia-Pacific is expected to grow at a fast pace over the forecast period, 2017-2023.
The global mass notification system market is expected to reach approximately USD 12 billion by the end of 2023 with 17% CAGR during forecast period 2017-2023.
Segments
For the purpose of this study, Market Research Future has segmented the market of mass notification system market into component, deployment, organization size, end-users and region.
Component-
•Hardware
•Software
•Services
Deployment-
•On-Premises
•Cloud base
Organization Size-
•Large
•Medium
•Small
Application-
•Business Continuity
•Disaster Recovery
•Integrated public alert
•Emergency Communication
•Others
En-users-
•Healthcare
•Energy
•Commercial
•Education
•Automotive
•Defense
•Government
•Others
Regional Analysis-
Regionally, North-America accounted for the largest market share majorly due to increasing awareness about safety, increasing demand for security solutions, high dissemination of mobile technologies, increasing development and adoption of various technologies and the presence of various companies. However, Asia-Pacific region is expected to grow over the forecast period majorly due to high adoption of new technological solutions.
Region
•North-America
•Europe
•Asia-Pacific
•RoW
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Key Players
The key players in the global mass notification system market include Eaton Corporation (Ireland), Airbus DS Communications, Inc. (US), Honeywell International, Inc. (US), BlackBerry AtHoc, Inc. (US), Blackboard, Inc. (US), Siemens AG (Germany), Desktop Alert, Inc. (US), Everbridge, Inc. (US), Omnilert LLC (US), Singlewire Software, LLC (US), xMatters, Inc. (US) and OnSolve (US) among others
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