According to the latest report by IMARC Group, titled “Mass Notification System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global mass notification system market reached a strong growth in 2019. A mass notification system (MNS) is a solution for delivering information to users during an emergency. It has a database that comprises names, phone numbers, email addresses and delivery methods. It plays a vital role in formulating plans, preparing for emergency response, providing alerts and real-time instruction, and improving the safety as well as security of an organization. Nowadays, it is widely used in the commercial and industrial sectors across the globe.
Some of the key players being Eaton Corporation PLC NYSE: (ETN), Everbridge Inc NASDAQ: (EVBG), Honeywell International Inc. NYSE: (HON), Alertus, Airbus DS Communications, Blackboard, Desktop Alert, IBM Corporation, Motorola Solutions, Omnilert LLC, OnSolve LLC, Rave Mobile Safety, Siemens, Singlewire Software, xMatters, etc.
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Mass notification systems are used to send notifications about bomb threats, Shelter in Place (SIP) directions, alternate building evacuation routes, and offer announcements related to earthquakes, lightning occurrences and weather changes. Owing to these benefits, there is a rise in the demand for these systems, particularly at remote locations. Apart from this, the increasing penetration of the internet, along with the boosting sales of smartphones around the world, is further driving the market growth. Furthermore, the integration of cloud-based services is anticipated to create a positive outlook for the market in the coming years. Looking forward, IMARC Group expects the market to reach a value of US$ 13 Billion by 2025, registering a CAGR of 12% during 2020-2025.
Market Breakup by Deployment Type:
Market Breakup by Component:
Market Breakup by Solution:
- In-Building Solutions
- Wide-Area Solutions
- Distributed Recipient Solutions
Market Breakup by Application:
- Integrated Public Alert & Warning
- Emergency Communication
- Disaster Recovery
Market Breakup by Vertical:
- Commercial and Industrial
- Energy and Utilities
- Healthcare and Life Sciences
- Transportation and Logistics
- Defense and Military
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