Mass Notification Systems Market Size, Status, Share and Forecast By 2018 – 2026
The primary factors that are driving the growth of
this market are the rising concerns for public safety and security and
awareness about MNS for business continuity.
Market Size – USD 4.86 Billion in 2019, Market
Growth - CAGR of 19.6% between 2019 and 2026, Market Trends – Growing use of
BYOD devices and rising concern for public safety
The Mass
Notification Systems (MNS) Market size is
expected to grow from USD 4.86 Billion in 2018 to USD 11.87 Billion by 2026, at
a CAGR of 19.6%.
Rising concerns for public safety & security, increasing awareness about MNS for business continuity, increasing deployment of the Internet Protocol (IP) established notification devices, and the growing adoption of the Bring Your Own Device (BYOD) trend are the major factors driving the growth of the market.
Rising concerns for public safety & security, increasing awareness about MNS for business continuity, increasing deployment of the Internet Protocol (IP) established notification devices, and the growing adoption of the Bring Your Own Device (BYOD) trend are the major factors driving the growth of the market.
Additionally, huge demand for MNS in the energy and utilities industry,
need for end-to-end crisis communication, and rising cloud-based MNS
deployments are expected to offer in the coming 5 years.
Inadequate rules and regulations and highly ruptured and intense market
are considered to restrain the market.
The Report, “Reports and Data: Mass Notification Systems Market by
Integrant (In-Building, Wide-Area, Distributed Recipient), Application-Type
(Interoperable Emergency Communication, Business Continuity, and Disaster
Recovery), Deployment, Industry Vertical, and Region - Global Forecast to
2026-Global Forecast to 2026 is forecasted to reach USD 11.87 Billion by 2026”
is available now to Reports And Data customers and can also be purchased
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Further key findings from the report suggest
- The Mass Notification Systems Market (MNS) is expected to grow from
USD 2.77 Billion in 2019 to USD 8.78 Billion by 2026, at a CAGR of 22.0%
from 2019 to 2026. Rising concerns for public safety & security,
increasing awareness about MNS for business continuity, increasing
deployment of the Internet Protocol (IP) established notification devices,
and the growing adoption of the Bring Your Own Device (BYOD) trend are the
major factors driving the growth of the market.
- The In-building solution-type segment is expected to have the
largest market share with revenue of USD 2.63 Billion, at a CAGR of 30%
from 2019 to 2026. Vital factors responsible for the growth of the market
are easy integration with fire alarm systems and public address systems to
communicate alert messages and notifications to people present in areas,
such as buildings, corporate offices, or restaurants.
- The commercial end-user is projected to grow at the highest CAGR
from 2018 to 2026, due to a rise in the demand for safety and security
frameworks by commercial installation vendors and community centers.
- North America is forecasted to hold the largest size with revenue
of USD 3.8 Billion in 2026. Vital factors driving the market are increased
awareness about MNS after the terrorist attack of 9/11 and an increase in
the occurrence of campus shootouts.
- APAC is expected to hold the highest CAGR of 32% from 2019 to 2026
due to the acceptance of the MNS technologies by end-users, due to dynamic
environmental conditions.
- The key players in this market are Eaton Corporation (Ireland), Everbridge, Inc. (US), Honeywell International, Inc. (US), Omnilert LLC (US), OnSolve (US), Siemens AG (Germany), Singlewire Software, LLC (US), Airbus DS Communications, Inc. (US), BlackBerry AtHoc, Inc. (US), Blackboard, Inc. (US), Desktop Alert, Inc. (US and xMatters, Inc. (US).
Segments covered in the report:
For this report, the market has been divided into segments on the basis
of components, applications, organization size end user and regional analysis.
Global Mass Notification Systems Market, By
Integrant (Revenue, USD Million; 2016–2026)
- Software and Services
- Hardware
Global Mass Notification Systems Market, By
Application-Type (Revenue, USD Million; 2016–2026)
- Interoperable emergency communication
- Business continuity and disaster recovery
- Integrated public alert and warning
- Business communications
Global Mass Notification Systems Market, By Company
Size (Revenue, USD Million; 2016–2026)
- Large Enterprises
- Small and Medium-Sized Enterprise
Global Mass Notification Systems Market, By
End-User (Revenue, USD Million; 2016–2026)
- Commercial
- Education
- Energy and utilities
- Healthcare and life sciences
- Defense
- Automotive, transportation, and logistics
- Government
- Others (IT and telecom, retail and consumer goods, and
manufacturing)
Global Mass Notification Systems Market, By Region
(Revenue, USD Million; 2016–2026)
- North America
- US
- Europe
- Germany
- UK
- APAC
- China
- India
- Latin America
- Brazil
- Middle East & Africa
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