Mass Notification System Market Report: Trends, Forecast and Competitive Analysis to 2030

Mass Notification System Trends and Forecast

The future of the global mass notification system market looks promising with opportunities in the corporate, education, energy & utilities, healthcare & life sciences, aerospace & defense, and government markets. The global mass notification system market is expected to reach an estimated $56.6 billion by 2030 with a CAGR of 21.0% from 2024 to 2030. The major drivers for this market are broad adoption of mass notification systems in healthcare facilities, increasing usage of notification devices based on internet protocol (IP), and rising demand for security and public safety.

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Mass Notification System by Segment

The study includes a forecast for the global mass notification system by component, enterprise size, application, end use industry, and region.

Mass Notification System Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Mass Notification System Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:

• SMEs
• Large Enterprises

Mass Notification System Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Integrated Public Alert and Warning (IPAW)
• Interoperable Emergency Communication (LEC)
• Business Continuity and Disaster Recovery (BCDR)

Mass Notification System Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Corporate
• Education
• Energy & Utilities
• Healthcare & Life Sciences
• Aerospace & Defense
• Government
• Others

Mass Notification System Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Mass Notification System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mass notification system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mass notification system companies profiled in this report include-

• BlackBerry Limited
• Balckboard
• Desktop Aler
• Eaton
• Everbridge
• Honeywell International
• OnSolve
• Singlewire Software
• xMatters
• Motorola Solutions

Mass Notification System Market Insights

Lucintel forecasts that hardware will remain the largest segment over the forecast period because the hospital and other healthcare institutions are increasingly using controlled notification systems and ip-based notification devices, as well as, it comes with a wide variety of hardware required to run the software.

North America will remain the largest region over the forecast period due to strict laws, a cutting-edge technology infrastructure, and an emphasis on risk management in the region.

Features of the Global Mass Notification System Market

Market Size Estimates: Mass notification system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Mass notification system market size by various segments, such as by component, enterprise size, application, end use industry, and region in terms of value ($B).

Regional Analysis: Mass notification system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, enterprise size, application, end use industry, and regions for the mass notification system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mass notification system market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the mass notification system market size?

Answer: The global mass notification system market is expected to reach an estimated $56.6 billion by 2030.

Q2. What is the growth forecast for mass notification system market?

Answer: The global mass notification system market is expected to grow with a CAGR of 21.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the mass notification system market?

Answer: The major drivers for this market are broad adoption of mass notification systems in healthcare facilities, increasing usage of notification devices based on internet protocol (IP), and rising demand for security and public safety.

Q4. What are the major segments for mass notification system market?

Answer: The future of the global mass notification system market looks promising with opportunities in the corporate, education, energy & utilities, healthcare & life sciences, aerospace & defense, and government markets.

Q5. Who are the key mass notification system market companies?

Answer: Some of the key mass notification system companies are as follows:

• BlackBerry Limited
• Balckboard
• Desktop Aler
• Eaton
• Everbridge
• Honeywell International
• OnSolve
• Singlewire Software
• xMatters
• Motorola Solutions

Q6. Which mass notification system market segment will be the largest in future?

Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period because the hospital and other healthcare institutions are increasingly using controlled notification systems and ip-based notification devices, as well as, it comes with a wide variety of hardware required to run the software.

Q7. In mass notification system market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to strict laws, a cutting-edge technology infrastructure, and an emphasis on risk management in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the mass notification system market by component (hardware, software, and services), enterprise size (SMEs and large enterprises), application (integrated public alert and warning (IPAW), interoperable emergency communication (IEC), and business continuity and disaster recovery (BCDR)), end use industry (corporate, education, energy & utilities, healthcare & life sciences, aerospace & defense, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?