India Mass Notification System Market Size & Outlook
India mass notification system market, 2018-2030 (US$M)
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India mass notification system market highlights
- The India mass notification system market generated a revenue of USD 498.5 million in 2023 and is expected to reach USD 2,704.8 million by 2030.
- The India market is expected to grow at a CAGR of 27.3% 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 498.5 million |
| Market revenue in 2030 | USD 2,704.8 million |
| Growth rate | 27.3% (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, India accounted for 4.1% 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 |
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India 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 68.45% in 2023. Horizon Databook has segmented the India mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding industrialization in India is expected to offer a promising market to the vendors of mass notification systems. Several Indian government authorities are recognizing the importance to fund hazard surveillance and mass notification systems to lower the probability of property damage, environmental harm, human injury, fatalities, and loss of livelihoods, among others.
Further, the growing incidents of public safety such as terror attacks, mob-lynching, mass gathering, and large sports events are creating a positive scenario for mass notification system market in India.
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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 country-level data and insights on the India mass notification system market , including forecasts for subscribers. This country databook contains high-level insights into India mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India mass notification system market size, by component, 2018-2030 (US$M)
India Mass Notification System Market Outlook Share, 2023 & 2030 (US$M)
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