China Mass Notification System Market Size & Outlook
China mass notification system market, 2018-2030 (US$M)
Related Markets
China mass notification system market highlights
- The China mass notification system market generated a revenue of USD 649.3 million in 2023 and is expected to reach USD 3,005.2 million by 2030.
- The China market is expected to grow at a CAGR of 24.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Mass notification system market data book summary
| Market revenue in 2023 | USD 649.3 million |
| Market revenue in 2030 | USD 3,005.2 million |
| Growth rate | 24.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | BlackBerry Ltd, Desktop Alert, Eaton Corp PLC, Everbridge Inc, Honeywell International Inc, Motorola Solutions Inc, OnSolve, Blackboard, Singlewire Software, xMatters |
Other key industry trends
- In terms of revenue, China accounted for 5.4% of the global mass notification system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mass notification system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,704.8 million by 2030.
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Mass Notification System Market Scope
Mass Notification System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 64.93% in 2023. Horizon Databook has segmented the China mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
The People's Republic of China's Emergency Response law states that the unit that experiences a natural disaster, a catastrophic accident, or a public health event must deploy its rescue teams and employees to save the victims, scatter and evacuate those in danger and arrange for their relocation, and take control of the danger's sources.
Therefore, local government agencies from various provinces, such as Fujian, Zhejiang, and Guangdong, have started deploying smart solutions, including mass notification systems with regard to public safety.
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Horizon Databook provides a detailed overview of country-level data and insights on the China mass notification system market , including forecasts for subscribers. This country databook contains high-level insights into China mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China mass notification system market size, by component, 2018-2030 (US$M)
China Mass Notification System Market Outlook Share, 2023 & 2030 (US$M)
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