Market Overview
Global mass notification systems market generated a revenue of US$ 11,968.6 million in 2022 to US$ 33,433.1 million by 2030 at a CAGR of 13.7% during the forecast period 2023-2030.
As the world becomes increasingly connected, the need for effective mass notification systems is growing. Rapid developments in communications and information technology are enabling organizations to reach larger audiences more quickly and effectively than ever before. Mass notification systems (MNS) help organizations rapidly disseminate critical information and alerts to large numbers of people. They are used in a variety of situations, including emergencies, weather events, and public safety announcements.
MNS can be used to deliver messages via multiple channels, including text, email, voice, and social media. The demand for MNS is being driven by a number of factors, including the increasing frequency of natural disasters, terrorist attacks, and other emergencies. In addition, MNS are becoming more affordable and easier to use.
As a result, they are being adopted by a wider range of organizations, from small businesses to large multinational corporations. There are a number of vendors offering MNS solutions.
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Market Dynamics
Drivers
Restraints
Key Segmental Insights of the Global Mass Notification Systems Market:
By Components
Based on components, the solutions segment holds the highest share in the mass notification systems market and is projected to grow at the highest CAGR over the forecast period. Mass notification system solutions are effective when it comes to delivering the right messages at the right time to the right people. These MNS solutions are integrated with advanced technologies including artificial intelligence, machine learning, data analytics, and deep learning that solve complex business problems.
By Deployment
By deployment mode, the cloud-based segment is estimated to generate the highest market revenue and is also expected to grow at the fastest CAGR in the years to come. This is primarily attributed to ease of deployment and low capital requirements. Furthermore, cloud-based mass notification solutions help businesses increase staff productivity while reducing OPEX.
By Application
Based on application, the business continuity & disaster recovery segment dominates the global mass notification systems market. MNS solutions assist incident response teams inside an organization in reporting to, in the event of a potential crisis, and communicating and notifying employees and senior management with the essential guidelines for dealing with the crisis. MNS systems are used by a variety of internal departments inside an organization, including IT, facility management, HR, payroll, and security.
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By Organization Size
By organization size, the large enterprise segment accounts for the highest market revenue as large organizations are making use of the cloud services on a large scale to take advantage of scalability and real-time decision-making capabilities. However, the SMEs are projected to grow at the highest CAGR over the projection period.
By Type
Based on type, the in-building segment was responsible for holding the highest market share in 2021 and is also expected to continue enjoying highest growth over the projection period. In-building MNS delivers voice messages to occupants throughout the building ranging from schools, universities, hospitals, offices, and others for the purpose of notifying and instructing occupants in an emergency.
By Industry
In terms of Industry, the government and defense segment hold the highest share in the mass notification systems market in 2021 and is further expected to register the highest CAGR during the forecast period.
The government uses the MNS system during IT outages, security threats, natural disasters, weather-related info, hazardous materials events, and other unfavorable situations. For instance, if security personnel identify a threat, the system can inform people to evacuate, hide, and remain updated in active threat situations.
Governments are a key consumer of mass notification systems due to their responsibility to protect citizens and keep them informed in case of emergencies, compliance with laws and regulations that mandate the use of mass notification systems in certain industries and facilities, cost-effectiveness, preparedness, and to maintain public trust. These systems allow governments to quickly and effectively communicate with the public in case of crisis situations such as natural disasters, terrorist attacks or other emergencies. Furthermore, they are cost-effective in terms of reaching a large number of people quickly and with minimal resources. Governments also use mass notification systems to plan and prepare for emergencies, and to test their communication systems regularly to ensure they are ready to use in case of an actual emergency. By doing so, they demonstrate their commitment to keeping the public informed and safe, which helps to build and maintain public trust.
Regional Analysis
North America is currently the largest mass notification systems market due to factors such as a high awareness of the importance of emergency preparedness and response, a large number of natural disasters, and a strong economy that allows for significant investments in these types of systems. Additionally, the US government has implemented several regulations and guidelines that mandate the use of mass notification systems in certain industries and facilities.
Moreover, the region has a strong adoption of technology among educational institutions and high acceptance of mass communication systems by the commercial business segment.
On the other hand, Asia Pacific is projected to continue growing at the fastest CAGR in the years to come.
List of Key Companies Profiled:
Key Industry Developments:
October, 2021: Motorola Solutions has announced that it will update and enhance the coverage of Romania's current statewide TETRA network to offer highly resilient and secure mission-critical communications to the country's public safety entities. Motorola Solutions will deploy 800 TETRA (Terrestrial Trunked Radio) base stations across Romania as part of a seven-year framework agreement awarded by the Romanian government's Special Telecommunication Service. All police, fire, ambulance, and national security agencies will benefit from the new digital radio technology, which will improve collaboration among front-line teams as they serve and protect the country's 21 million residents every day
October, 2021: Spain has chosen Everbridge's next-generation population alerting technology to help keep the country's more than 120 million people and visitors safe and informed in the event of a disaster. Last month, Everbridge issued an anonymous press statement announcing the contract award. Spain's new national public warning system, powered by Everbridge, will provide national Cell Broadcast coverage as well as the distribution of notifications via the Web and through mobile alerts.
Segmentation Overview
The following are the various segments of the Global Mass Notification Systems Market:
By Component:
By Deployment:
By Application:
By Organization:
By Type:
By Industry:
By Region:
Report Attribute | Details |
---|---|
Market Size Value in 2022 | US$ 11,968.6 Million |
Expected Revenue in 2030 | US$ 33,433.1 Million |
Historic Data | 20172021 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Unit | Value (USD Mn) |
CAGR | 13.7% |
Segments covered | By Component, By Deployment, By Application, By Organization, By Type, By Industry, By Region |
Key Companies | Siemens, Everbridge, Honeywell, Eaton, Motorola Solutions, Blackboard, IBM, Google, BlackBerry, Johnson Controls, Singlewire Software, Rave Mobile Safety, American Signal Corporation (ASC), ATI Systems, Regroup Mass Notification, AlertMedia, KONEXUS, CrisisGo, Netpresenter, Omnilert, Ruvna, F24, Alertus, Mircom, Iluminar, Omingo, Klaxon Technologies, OnSolve, Crises Control, Voyent Alert!, Squadcast, Other Prominent Players |
Customization Scope | Get your customized report as per your preference. Ask for customization |
The Global Mass Notification Systems Market was valued at US$ 11,968.6 Mn in 2022.
A mass notification system (MNS) is a multichannel communication platform that businesses and organizations can use to alert employees in the event of an emergency.
Global Mass Notification Systems Market is estimated to expand at a CAGR of 13.7% during the projection period.
The market is majorly driven by factors such as the rising adoption of MNS in the healthcare industry during the Covid-19 pandemic and increasing public safety and security.
The stringent privacy regulation across verticals and the rising number of cyberattacks through mass notification systems may hinder the market growth during the forecast period.
Growing demand for the cloud-based mass notification system is providing a lucrative opportunity for market growth.
The various segmentations considered to analyze the global mass notification systems market are based on component, deployment mode, application, organization size, type, industry, and region.
The Solution Segment dominate the mass notification systems market in 2022.
Business continuity & disaster recovery is the highest application segment in the global mass notification systems market.
Government & defense industry dominates the mass notification systems market in 2022.
North America is the highest shareholder region in the Global Mass Notification Systems Market.
Asia Pacific region holds the highest CAGR during the forecast period.
The key players in the global mass notification systems market are Honeywell International Inc., Motorola Solutions Inc., Eaton Corporation, Blackboard Inc., Everbridge, and Regroup Mass Notification, among others.
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