A mass notification system is a system which is used for providing real-time information and instructions to users during emergencies. The demand for emergency notifications system has led to an increase in the adoption of mass notification systems, which propels the growth of the mass notification systems market. The growing adoption of mobile devices and increasing government regulations and compliance are accelerating the growth of the mass notification systems market.
MARKET SCOPE
The "Global Mass Notification Systems Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the mass notification systems market with detailed market segmentation by application, deployment type, component, solution, industry vertical, and geography. The report provides key statistics on the market status of the leading mass notification systems market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
? Based on application, the global mass notification systems market is segmented into interoperable emergency communication, business continuity and disaster recovery, integrated public alert and warning, and business communication.
? On the basis of deployment type , the market is segmented into cloud and on-premises.
? Based on component, the market is segmented into software and services and hardware.
? Based on solution, the market is segmented into in building solutions, distributed recipient solution, and wide area solutions.
? Based on industry vertical, the market is segmented into aerospace, energy and utilities, education, automotive, transportation and logistics, defense, government, healthcare and life sciences, and others.
MARKET DYNAMICS
Drivers:
? Mass notification systems are generally used to notify people about emergency and non-emergency situations. Raising the need for safety and security are driving the growth of the mass notification systems market.
? Features such as information technology alerting, network-centric emergency, and emergency response software would create numerous opportunities for the growth of the mass notification systems market.
? The rising adoption of the mass notification system in emerging nations such as India, China, Japan, and others are expected to drive the growth of the mass notification systems market.
Restraints:
? Lack of awareness about this system is the key hindering factor for the growth of the mass notification systems market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The mass notification systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the mass notification systems market in these regions.
IMPACT OF COVID-19 ON MASS NOTIFICATION SYSTEMS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the mass notification systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from mass notification systems market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mass notification systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Desktop Alert Inc.
? Eaton Corp.
? Everbridge Inc.
? Honeywell International, Inc.
? Metissecure
? Omnilert LLC
? ONSOLVE, LLC
? Siemens AG
? Singlewire Software, LLC.
? xMatters, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.