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World Mass Notification Market - Opportunities and Forecast, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773376
A platform that delivers messages and notifications to a small or big groups of people using locations and visual intelligence is termed as mass notification system (or MNS). Mass notification systems are generally implemented to notify people about both emergency and non-emergency situations to improve safety and security. Customarily, these systems provide oneway communication through texts, emails, and other modes. A range of services provided by mass notification systems include extensive threat response, low response time, staff protection, and regulatory compliance. There are several drivers, restraints and opportunities influencing the growth of the market. The key factor driving this market is growing awareness about public safety and security. Additionally, increasing adoption of mobile devices, and government regulations and compliance are accelerating the growth of this market. However, lack of awareness about the advantages of the mass notification solutions has hindered the growth of the market to a great extent. On the other hand, features such as information technology alerting, network centric emergency, and emergency response software would create numerous growth opportunities for the market.

The world mass notification market is segmented based on products, deployment model, applications, industries and geography. The products discussed in the market research report consist of hardware and software. The deployment model assessed during the study include on premise and on-demand. Applications evaluated during the study are integrated public alert and warning, business operations, emergency communication, disaster recovery, and others. Business verticals such as healthcare, education, energy and power, defense, and others depend greatly on this technology. There is strong presence of the technology in regions including Latin America, Europe, North America, and AsiaPacific. World mass notification market companies are seen expanding their business by adding new products to their existing portfolio. Proven business strategies such as acquisitions, and collaborations are helping many companies put forth their brand value successfully. Enterprises are investing generously to maintain a competitive edge in the market. The list of most prominent market players includes IBM Corporation, Eaton Corporation Pvt. Ltd., Siemens AG., Honeywell International Inc., and Xmatters, Inc.

KEY BENEFITS FOR STAKEHOLDERS

The market research study offers an in-depth examination of the present and new trends with a special focus on the business environment worldwide
A comprehensive assessment of the major drivers, restraints and opportunities influencing market growth are thoroughly studied
Market status and business performance in regions such as North America, Europe, AsiaPacific, and LAMEA are also discussed in the market research report
The research further weighs up on the critical business imperatives such market dynamics, cost, import and export status, and others
This research entails a comprehensive, qualitative evaluation of effective marketing and branding initiatives backed by major brands
Comprehensive assessment of the strengths, weaknesses, opportunities and threats faced by major vendors are also covered by the report

MAS NOTIFICATION MARKET KEY SEGMENTS

Mass Notification Market By Product

Hardware
Software

Mass Notification Market By Deployment Model

OnDemand
OnPremise

Mass Notification Market By Application

Integrated public alert and warning
Emergency communication
Disaster recovery
Others

Mass Notification Market By Industry

Healthcare
Education
Energy and power
Defense
Others

Others Mass Notification Market By Geography

North America
Europe
Asia-Pacific
LAMEA

Key Players

IBM Corporation
Eaton Corporation Pvt. Ltd.
Siemens AG
Honeywell International, Inc.
Xmatters, Inc.
ATHOC
Everbridge, Inc.
Metis Secure Solutions
Omnilert LLC
Mir3, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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