The global mass notification system market size is expected
to reach USD 16.84 billion by 2025, registering a CAGR of 16.7% from 2019 to
2025, according to a new report by Grand View Research, Inc. A mass
notification system allows users to contact a large number of people instantly
with minimum efforts required by the initiator. In recent years, this system
has overcome the disadvantages of conventional methods such as manual call
trees, radio and television, and area alarms. Currently, the need to quickly
alert people about emergencies has become pivotal and this has driven the
adoption of such systems.
A mass notification system provides a wide
range of benefits such as faster incident resolution and recovery by allowing
the initiator to send messages to thousands of people in minimal time. It helps
reduce communication costs by using a subscription-based pricing model and
eliminating the need for hardware such as desktops. It also helps improve
productivity & efficiency by reducing the time required to notify users and
eliminate the need for sending notifications manually. Other benefits such as
improved employee safety, better compliance tracking and reporting, and
increased customer satisfaction are driving the growth of the market.
The adoption of a mass notification system has
enabled enterprises to mitigate and manage risks. The system helps notify
personnel beforehand, which helps avoid damages & the related costs and
increase Return of Investment (ROI). Integration of voice and digital
communication in mass notification system is one of the key trends in the
market. A combination of reporting & analytics and cross-promotion of
content with other agencies to enhance engagement & outreach are other
trends in the market. Vendors in the market are focusing on providing such
systems with single platform system integration. This would be done by
integrating multiple communication channels on one platform.
Browse full research report on Mass
Notification System Market:
https://www.grandviewresearch.com/industry-analysis/mass-notification-system-market
Further key
findings from the report suggest:
- An increasing need for strengthening an
organization’s ability to communicate with its employees during an
emergency has driven the adoption of mass notification systems
- Displaying of emergency broadcasts on digital
signages such as display screens at public places to provide information
to the public on a timely basis is one of the key trends in the market
- Increasing adoption of mass notification
systems in education and corporate sectors is driving the growth of the
market
- The North American market accounted for the
highest share of the market in 2018 owing to increasing adoption of these
systems in diverse industries
- The key competitors in the market are
BlackBerry Limited; Blackboard Inc.; Desktop Alert, Inc.; Eaton;
Everbridge; Honeywell International Inc; Motorola Solutions, Inc.;
OnSolve; Singlewire Software, LLC; xMatters.
Browse request sample of this report by
Grand View Research:
https://www.grandviewresearch.com/industry-analysis/mass-notification-system-market/request/rs1
Grand
View Research has segmented the global mass notification system market on the
basis of component, organization size, solution, application, vertical, and
region:
Mass
Notification System Component Outlook (Revenue, USD Million, 2014 - 2025)
- Hardware
- Software
- Service
Mass
Notification System Organization Size Outlook (Revenue, USD Million, 2014 -
2025)
- Small & Medium-sized
Enterprises (SMEs)
- Large Enterprises
Mass
Notification System Solution Outlook (Revenue, USD Million, 2014 - 2025)
- Wide-area Solutions
- In-building
Solutions
- Distributed
Recipient Solutions
Mass
Notification System Application Outlook (Revenue, USD Million, 2014 - 2025)
- Integrated Public
Alert & Warning
- Interoperable
Emergency Communication
- Business Continuity
& Disaster Recovery
Mass
Notification System Vertical Outlook (Revenue, USD Million, 2014 - 2025)
- Corporate
- Education
- Energy &
Utilities
- Healthcare &
Life Sciences
- Aerospace &
Defense
- Government
- Others
Mass
Notification System Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Middle East &
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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