Market revenue in 2023 | USD 3,019.5 million |
Market revenue in 2030 | USD 9,438.5 million |
Growth rate | 17.7% (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 |
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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 64.76% in 2023. Horizon Databook has segmented the U.S. mass notification system market based on hardware, software, service covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.S., emerging technologies and ongoing innovations have the potential to improve emergency management systems' intelligence, security, and efficiency. Additionally, the integration of advanced technologies such as blockchain, Artificial Intelligence (AI), and the Internet of Things (IoT) into mass notification systems is opening the possibility of producing, sending, and interpreting emergency-related data to improve crisis decisionmaking.
For instance, in August 2022, Acoustic Technology, Inc. (ATI), a U.S.-based mass notification systems (MNS) provider, launched Next Generation, a new product for the entire ATI’s Mass Product line. The new product has features such as, Indoor Speaker Unit (ISU), Intelligent Control Gateway (ICG), and feasible modular construction that allows flexible configuration and replacements of various modules intact in the system.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. mass notification system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. mass notification system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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