The report helps stakeholders understand the pulse of the market and provides them information on the key market drivers, restraints, challenges, and opportunities.The report segments the MNS market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across different regions.
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“Mass Notification Systems Market” by type 2017-2022 by new Service spreads across 171 pages profiling 15 companies and supported with 75 tables and 44 figures
“Growing concerns for public safety and security, and the increasing awareness about Mass Notification Systems (MNS) for business continuity are driving the growth of the MNS market.”
The global MNS market size is expected to grow from USD 4.86 billion in 2017 to USD 11.87 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.6%.
The MNS market is broadly classified by vertical into commercial; education; energy and utilities; healthcare and life sciences; defense; automotive, transportation, and logistics; government; and others. The education vertical is expected to dominate the Mass Notification Systems market with the largest market share during the forecast period.
The commercial vertical is expected to grow at the highest rate, as places including shopping malls, restaurants, theaters, office complexes, and service stations are more prone to disasters and emergencies, and there is an increased awareness among commercial installation vendors and community centers.
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Scope of the Report
The research report categorizes the Mass Notification Systems market to forecast the revenues and analyze the trends in each of the following sub segments:
Key Point from TOC
- Software and services
- In-building solutions
- Widearea solutions
- Distributed recipient solutions
Mass Notification Systems Market Analysis, By Application
- Interoperable Emergency Communication
- Business Continuity and Disaster Recovery
- Integrated Public Alert and Warning
- Business Communications
Mass Notification Systems Market Analysis, By Deployment Type
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