Mass Notification System Market Overview
The Mass Notification System Market size is projected to grow from USD 29.65 billion in 2024 to USD 119.26 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 22.00% during the forecast period (2024 - 2032). Additionally, the market size for Mass Notification System was valued at USD 24.3 billion in 2023.
The growing need for real-time alert systems to improve attempts at risk reduction and the emergence of technologies like Al and ML to transform emergency response and security capacities are the key market drivers boosting the expansion of the market.
Figure 1: Mass Notification System Market, 2018 - 2032 (USD Billion) Market
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Mass Notification System Market Trends
Innovations in technology are revolutionizing security, and emergency response is driving the market growth
Market CAGR for Mass Notification System is being driven by technology advancements like artificial intelligence and machine learning, which are revolutionizing security and emergency response. A mass notification system is an advanced communication tool that uses cutting-edge technology to effectively notify people and guide them to safety, going beyond simple alerting systems. It consists of an all-inclusive structure with inputs, monitoring functions, and outputs designed to identify risks, supervise occurrences, and issue commands in urgent circumstances.
Additionally, one key factor driving market expansion is the incorporation of machine learning (ML) and artificial intelligence (AI) technology into mass notification systems. Through this combination, security and emergency response capacities are revolutionized, spurring improvements in response efficiency and organizational development. Al and ML enable these platforms to provide enhanced security by utilizing a variety of inputs for predicted insights and suggestions through recommendation systems and predictive analytics. As a result, this integration enhances current emergency notification systems, boosting their efficacy and making a substantial contribution to the market's rapid expansion for mass notification systems.
Real-time warning and notification systems are becoming more and more necessary as a result of the demand for accurate and timely information sharing among a variety of businesses. Timely communication is essential in today's highly competitive environment for making well-informed decisions and preserving operational agility. However, a significant barrier to industry expansion is the high implementation costs of mass notification systems, which mostly affect small and medium-sized enterprises (SMEs).
The US government is also using MNS in its military branches. For example, the United States invested USD 732 billion in 2020 to increase the overall efficiency of emergency communication services in the defense sector. In order to give DoD personnel better safety and protection, the U.S. Department of Defense (DOD) implemented the Enterprise Mass Warning and Notification System (EMWNS) that same year. This results in driving the Mass Notification System market revenue.
Mass Notification System Market Segment Insights
Mass Notification System Offering Insights
The Mass Notification System market segmentation, based on Offering, includes Software, Hardware, and Services. In 2023, the software segment dominated the market. Mass notification system software integration is a major advancement in emergency communication methods. This program radically restructures the creation, personalization, and distribution of alerts, guaranteeing accurate and timely information distribution.
Figure 2: Mass Notification System Market, by Offering, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Mass Notification System Communication Channel Insights
The Mass Notification System market segmentation, based on Communication Channels, includes Text-Based Communication, Voice Communication, and Digital Communication. In 2023, the digital communication category generated the most income. Information distribution within enterprises is being revolutionized by digital communication, which has become a key channel in the mass notification system industry. For safety and crisis management, its real-time capabilities are essential as they improve situational awareness and expedite coordinated rapid responses.
Mass Notification System Facility Type Insights
The Mass Notification System market segmentation, based on Facility Type, includes Indoor Facilities and Outdoor Facilities. In 2023, the indoor facilities segment dominated the market. An in-building mass notification system can increase response times, engage and synchronize staff, increase productivity, strengthen communication, and many other benefits. It makes it feasible for employees to get in touch with management as soon as possible. The market for in-building mass notification systems has grown in recent years as a result of these advantages.
Mass Notification System Application Insights
The Mass Notification System market segmentation, based on Application, includes Critical Event Management, Public Safety and Warning, Business Continuity & Disaster Management, Reporting & Analytics, and Other Applications. In 2023, the public safety and warning category generated the most income. One important step toward improving community security is the use of mass notification systems for public safety and warning. By enabling the quick distribution of vital information via email, text message, and siren, these technologies guarantee thorough coverage.
Mass Notification System Vertical Insights
The Mass Notification System market segmentation, based on Vertical, includes BFSI, Retail & E-commerce, Transportation and Logistics, Government & Defense, Healthcare & Life Sciences, Telecom, Energy & Utilities, Manufacturing, IT/ITES, Media & Entertainment, Education, and Other Verticals. In 2023, the government & defense segment dominated the market as the government promptly notified state and local governments, government-funded institutions, and other groups about natural disasters and national catastrophes.
Mass Notification System Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Mass Notification System market area will dominate this market. These systems, driven by technological progress, have evolved from simple warnings to complex networks that smoothly incorporate several lines of information.
Further, the major countries studied in the market report are Brazil, South Korea, China, Japan, India, Australia, Germany, France, the UK, Italy, and Spain.
Figure 3: MASS NOTIFICATION SYSTEM MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Mass Notification System market has the second-largest portion of the market. As a result, stringent public safety and security measures have been developed, encompassing effective security, monitoring, and emergency alerting systems. Further, the German Mass Notification System market had the biggest market share, and the UK Mass Notification System market was the European market with the quickest rate of growth.
The Asia-Pacific Mass Notification System Market is anticipated to expand between 2024 and 2032 at the quickest CAGR. Because of the region's increased rate of natural disasters and criminal activity, mass notification systems have been put in place to ensure safety. Moreover, China’s Mass Notification System market had the biggest market share, and the Indian Mass Notification System market was the Asia-Pacific region's fastest-growing market.
Mass Notification System Key Market Players & Competitive Insights
Leading market players are putting a lot of money into research and development to expand their product lines, which will drive the market for Mass Notification systems to expand even further. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, the Mass Notification System industry must provide reasonably priced goods.
Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the Mass Notification System industry to help customers and expand the market segment. In recent years, the Mass Notification System industry has provided some of the biggest benefits to medicine. Major players in the Mass Notification System market, including Siemens AG (Germany), Everbridge (US), Honeywell (US), Eaton (Ireland), Motorola Solutions (US), Blackberry (Canada), Johnson Controls (Ireland), and others, are engaging in research and development activities in an effort to boost market demand.
Siemens AG is a technological firm based in Germany. Its activities cover digitization and automation in the manufacturing and process industries, intelligent building and distributed energy system infrastructure, rail transportation solutions, health technologies, and digital medical services. As the biggest manufacturer of industrial goods in Europe, Siemens leads the industrial automation and industrial software markets worldwide. In June 2023, Siemens revealed a €2 billion worldwide investment plan aimed at increasing its production capacity. The plan includes €200 million for the construction of a new high-tech factory in Singapore and €140 million for the expansion of an existing facility in Chengdu, China.
Honeywell International Inc. is a publicly traded international conglomerate firm of American origin. Aerospace building automation has four primary business segments: safety and productivity solutions (SPS), performance materials and technology (PMT), and both. As of 2023, Honeywell is rated 115th out of 500 Fortune 500 companies. The firm employed about 95,000 people worldwide as of 2023. Darius Adamczyk is the chairman at the moment, while Vimal Kapur is the CEO. In April 2021, The Xupermask is a smart mask that was created in partnership between Will.i.am and Honeywell. It is composed of silicon and athletic mesh fabric and has 3-speed fans, LED lighting, and noise-canceling headphones.
Key Market Players in the Mass Notification System market include
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Siemens AG (Germany)
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Everbridge (US)
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Honeywell (US)
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Eaton (Ireland)
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Motorola Solutions (US)
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Blackberry (Canada)
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Johnson Controls (Ireland)
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Singlewire Software (US)
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OnSolve (US)
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AlertMedia (US)
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Alertus Technologies (US)
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F24 (Germany)
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HipLink (US)
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American Signal Corporation (US)
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ATI Systems (US)
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Finalsite (US)
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Omnilert (US)
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Regroup Mass Notification (US)
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Mircom (Canada)
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Konexus (US)
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Netpresenter (Netherlands)
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Iluminr (US)
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CrisisGo (US)
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Omnigo (US)
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Ruvna (US)
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Klaxon Technologies (UK)
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Crises Control (UK)
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ICEsoft Technologies (Canada)
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Squadcast (US)
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Pocketstop (US)
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Preparis (US)
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HQE Systems (US)
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Veoci (US)
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Text-Em-All (US)
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DialMyCalls (US).
Mass Notification System Industry Developments
September 2022: Blackberry Limited unveiled the StateRAMP-approved AtHoc technology, which facilitates public safety emergency mass notifications. Several governments use the platform, including the Contra Costa County government.
September 2022: Eaton unveiled the FHF TWIN-LED, a brand-new mass notification system. The device is a supplementary telephone alarm and signal system that is waterproof and built for harsh weather conditions found in industrial regions.
Mass Notification System Market Segmentation
Mass Notification System Offering Outlook
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Software
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Hardware
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Services
Mass Notification System Communication Channel Outlook
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Text-Based Communication
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Voice Communication
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Digital Communication
Mass Notification System Facility Type Outlook
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Indoor Facilities
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Outdoor Facilities
Mass Notification System Application Outlook
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Critical Event Management
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Public Safety and Warning
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Business Continuity & Disaster Management
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Reporting & Analytics
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Other Applications
Mass Notification System Vertical Outlook
Mass Notification System Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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Report Attribute/Metric
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Details
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Market Size 2023
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USD 24.3 Billion
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Market Size 2024
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USD 29.65 Billion
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Market Size 2032
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USD 119.26 Billion
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Compound Annual Growth Rate (CAGR)
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22.00% (2024-2032)
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Base Year
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2023
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Market Forecast Period
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2024-2032
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Historical Data
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2019- 2021
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Market Forecast Units
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Value (USD Billion)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Offering, Communication Channel, Facility Type, Application, Vertical, and Region
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Geographies Covered
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North America, Europe, Asia-Pacific, and the Rest of the World
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Countries Covered
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Brazil, South Korea, China, Japan, India, Australia, Germany, France, UK, Italy, and Spain
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Key Companies Profiled
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Siemens AG (Germany), Everbridge (US), Honeywell (US), Eaton (Ireland), Motorola Solutions (US), Blackberry (Canada), Johnson Controls (Ireland), and others.
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Key Market Opportunities
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Growing automation adoption and enormous industry opportunities
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Key Market Dynamics
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Growing apprehensions over public safety and security and a surge in IP-based notification device implementation worldwide
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Mass Notification System Market Highlights:
Frequently Asked Questions (FAQ) :
In 2023, the mass notification system market was estimated to be worth USD 24.3 billion worldwide.
From 2024 to 2032, the market is expected to expand at a (CAGR) of 22.00%.
North America held the most market share worldwide.
Siemens AG (Germany), Everbridge (US), Honeywell (US), Eaton (Ireland), Motorola Solutions (US), Blackberry (Canada), Johnson Controls (Ireland), and others are the leading companies in the market.
In 2023, the market was dominated by the software category.
The indoor facilities segment was held the highest market share.
