Europe Mass Notification System Market Size & Outlook
Europe mass notification system market, 2018-2030 (US$M)
Related Markets
Europe mass notification system market highlights
- The Europe mass notification system market generated a revenue of USD 3,109.2 million in 2023.
- The market is expected to grow at a CAGR of 19.1% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,109.2 million |
| Market revenue in 2030 | USD 10,565.5 million |
| Growth rate | 19.1% (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 |
| 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, Europe region accounted for 25.7% of the global mass notification system market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,026.5 million by 2030.
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Mass Notification System Market Scope
Mass Notification System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 64.91% in 2023. Horizon Databook has segmented the Europe mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
The European region has greatly affected by COVID 19 pandemic countries across the region has been majorly hit during the first and second wave. Further, the ongoing Russia-Ukraine has further increased the safety concerns.
Thus, mass notification system offers great assistance to government bodies in reaching out to general public for sharing critical information, health and safety measures, guidelines and policies pertaining to social distancing and travelling restrictions in the region.
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Our clientele includes a mix of mass notification system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mass notification system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe mass notification system market size, by country, 2018-2030 (US$M)
Europe Mass Notification System Market Outlook Share, 2023 & 2030 (US$M)
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