Market revenue in 2023 | USD 4,300.7 million |
Market revenue in 2030 | USD 14,087.3 million |
Growth rate | 18.5% (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 |
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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 65.67% in 2023. Horizon Databook has segmented the North America mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
In North America, the key factors leading the mass notification system adoption in the region are the demand for advance notification systems and applications due to the rising number of mass shooting incidents in recent years.
Further the 9/11 terrorist attack in 2001 has created a huge demand for alert notifications and public awareness systems. Due to the following factors, strict public safety & security initiatives have been created across the region, including efficient security, monitoring, and emergency alert systems.
These programs will create the potential growth opportunity for mass notification systems in the region during the projection period.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America mass notification system market , including forecasts for subscribers. This continent databook contains high-level insights into North America mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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