Global Mass Notification System Market Size & Outlook
The mass notification system industry worldwide is expected to reach a projected revenue of US$ 46,957.8 million by 2030. A compound annual growth rate of 21.4% is expected of the worldwide mass notification system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$12,080.5
Forecast, 2030 (US$M)
$46,957.8
CAGR, 2024 - 2030
21.4%
Report Coverage
Worldwide
Global mass notification system market, 2018-2030 (US$M)
Related Markets
Global mass notification system market highlights
- The global mass notification system market generated a revenue of USD 12,080.5 million in 2023 and is expected to reach USD 46,957.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 21.4% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 7,897.5 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,080.5 million |
| Market revenue in 2030 | USD 46,957.8 million |
| Growth rate | 21.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 35.6% of the global mass notification system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,838.3 million by 2030.
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Mass Notification System Market Scope
Mass notification system market segmentation & scope
Public Alert & Warning
Interoperable Emergency Communication (IEC)
Business Continuity & Disaster Recovery (BCDR)
Corporate
Education
Energy & Utilities
Healthcare & Life Sciences
Aerospace & Defense
Government
Others
Mass Notification System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mass notification system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mass notification system market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.37% in 2023. Horizon Databook has segmented the Global mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Mass Notification System Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Service
- Global Mass Notification System Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises (SMEs)
- Large Enterprises
- Global Mass Notification System Solution Outlook (Revenue, USD Million, 2018-2030)
- Wide-area Solutions
- In-building Solutions
- Distributed Recipient Solutions
- Global Mass Notification System Application Outlook (Revenue, USD Million, 2018-2030)
- Public Alert & Warning
- Interoperable Emergency Communication (IEC)
- Business Continuity & Disaster Recovery (BCDR)
- Global Mass Notification System End Use Outlook (Revenue, USD Million, 2018-2030)
- Corporate
- Education
- Energy & Utilities
- Healthcare & Life Sciences
- Aerospace & Defense
- Government
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global mass notification system market , including forecasts for subscribers. This global databook contains high-level insights into Global mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global mass notification system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Mass notification system market size, 2023 (US$M)
Global mass notification system market share, by component, 2023 & 2030 (%, US$M)
Mass Notification System Market: Opportunity Assessment By Country
Global mass notification system market, by region, 2023 (US$M)
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