Increasing Demand for Improved Public Safety and Security Is Driving the Mass Notification Systems Market

Globally, the mass notification systems market is expected to grow with a CAGR of 18.2% during the forecast period from 2023 to 2030, starting from US$ 10.04 Bn in 2021. Mass notification systems are tools with an updated database of names, contact numbers, email addresses and other information. These tools are used to send messages to the employees in case of any emergencies. These tools are largely used by public organizations such as police and fire departments, local and state governments, emergency management sectors, and many such companies that need to provide prompt responses. 

The mass notification system market is growing mainly based on increasing growing issues with public safety and security. People across the globe need to be kept safe in various natural disasters such as floods, earthquakes, hurricanes and many other crises that can act as a threat to the human life. Furthermore, growing implementation of technologically advanced devices has provided a way to expand and develop new versions of mass notification systems. This drives the growth of the mass notification systems market, worldwide. However, lack of awareness, and presence of inadequate hardware infrastructure are likely to hinder the market growth during the forecast period. 

On-premise Deployment Model Segment Dominated the Global Market

Based on the deployment model, the global mass notification systems market was dominated by on-premise model which held a market share of over 60% in 2020. Being a traditional method of deployment, the on-premise models are largely used, as it reduces the turnaround time in times of emergencies. Most of the mass notification systems are deployed on-premise as it is considered to be the most reliable ways due to the criticality of operations. However, cloud-based systems are gaining traction due to increasing adoption of cloud computing, and the emergence and adoption of high-tech tools in the technical fields.

North America Dominates the Market by Region

North America led the mass notification systems market in 2020 by holding a market share of over 30%, due to increasing demand fast message delivery systems in various sectors. Furthermore, the development of advanced technologies and growing security concerns in public places is also responsible for the huge market share in this region. However, Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Increasing incidences of natural disasters, and growing awareness of improved mass notification systems to improve the time of providing emergency services is fueling the growth of this market.

Some of the prominent players operating in the mass notification systems market include BlackBerry AtHoc, Motorola Solutions, Eaton, Siemens, Honeywell, Everbridge, Desktop Alert, Blackboard, Rave Mobile Safety, OnSolve, xMatters, Singlewire Software, Alertus, Federal Signal Corporation, and Johnson Controls.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Mass Notification Systems market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Mass Notification Systems market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Mass Notification Systems market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Mass Notification Systems market?
• Which is the largest regional market for Mass Notification Systems market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Mass Notification Systems market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Mass Notification Systems market worldwide?