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The global mass notification systems market exhibited strong growth during 2015-2020. The mass notification system (MNS) is a solution for public and private organizations to broadcast one-way communications to the masses. The system includes a database of names, email addresses, phone numbers and delivery details through which the messages and notifications are conveyed. It is used for both emergency and non-emergency situations and offers services, such as extensive threat response, staff protection and regulatory compliance. MNS is commonly used by various commercial spaces and industrial setups, including shopping malls, restaurants, movie theatres, offices and service stations.
The growing adoption of Internet Protocol (IP) based notification devices is one of the key factors driving the growth of the market. IP-connected computers, smartphones and telephones are increasingly being integrated with on-premise MNS solutions, such as fire alarms and security sensors, thus driving the product demand. Furthermore, the rising need for advanced security systems to ensure public safety and security is also catalyzing the market growth. The thriving education sector is further creating a positive impact on the market. The MNS is used to streamline institutional operations and communicate with students and teachers through announcements. Moreover, the frequent occurrence of industrial hazards across both the developed and emerging nations is also enhancing the adoption of MNS to prevent loss to valuable resources and human lives. Other factors, including rapid urbanization, technological advancements and product innovations, are projected to create a positive impact on the market. Looking forward, IMARC Group expects the global mass notification systems market to grow at a CAGR of around 18% during 2021-2026.
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The competitive landscape of the industry has also been examined with some of the key players being Alertus, Airbus DS Communications, Blackboard, Desktop Alert, Eaton Corporation, Everbridge, Honeywell, IBM Corporation, Motorola Solutions, Omnilert LLC, OnSolve LLC, Rave Mobile Safety, Siemens, Singlewire Software, xMatters, etc.
We expect the global mass notification systems market to exhibit a CAGR of around 18% during 2021-2026.
The global market has experienced a significant growth on account of the sudden outbreak of COVID-19 pandemic as numerous public and private organizations are adopting MNS for creating awareness and announcing regulatory compliance to mitigate the spread of coronavirus infection.
The growing adoption of Internet Protocol (IP)-based notification devices is one of the key factors driving the global mass notification systems market.
Based on the deployment type, the global mass notification systems market can be segmented into on-premise, and cloud, where cloud-based deployment type accounts for the largest market share.
Based on the component, the global mass notification systems market has been bifurcated into hardware, software, and services. Among these, hardware holds the largest market share.
Based on the organization size, the global mass notification systems market can be divided into large enterprises and SMEs. Currently, large enterprises exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America accounts for the largest market share.
Some of the major players in the global mass notification systems market include Alertus, Airbus DS Communications, Blackboard, Desktop Alert, Eaton Corporation, Everbridge, Honeywell, IBM Corporation, Motorola Solutions, Omnilert LLC, OnSolve LLC, Rave Mobile Safety, Siemens, Singlewire Software, xMatters, etc.
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