DALLAS, May 25, 2015 /PRNewswire/ --
According to a new market research report "Mass Notification Market by Solution (In-Building, Wide-Area, Distributed Recipient), by Application (Interoperable Emergency Communications, Business Continuity & Disaster Recovery, Integrated Public Alert & Warning, Business Operations), by Deployment, by Vertical & by Region - Global Forecast to 2020", published by MarketsandMarkets , The Mass Notification Market is estimated to grow from $3.81 Billion in 2015 to $8.57 Billion in 2020.This represents a Compound Annual Growth Rate (CAGR) of 17.6% from 2015 to 2020.
Browse 75 market data Tables and 51 Figures spread through 185 Pages and in-depth TOC on "Mass Notification Market"
Early buyers will receive 10% customization on this report.
The major forces driving this market are the growing need for public safety, increasing awareness for emergency communication solutions, requisite for business continuity, and the trend towards mobility is rising. Hence, the adoption of mass notification solutions is increasing. Also, the enterprises are expected to follow business continuity and disaster recovery and public safety compliance standards which are boosting the sales of mass notification solutions. Most of the enterprises across different verticals are actively formulating policies and procedures to ensure operational safety and minimizing loss of life and loss of property in case of emergencies.
Mass notification solutions providers such as IBM Amatra, AThoc, Honeywell International, Siemens AG, Eaton Corporation and many others are expected to collaborate and provide better competitive services to take advantage of this emerging Mass Notification Market and to fulfill the need of providing complete crisis communication solution. Educational institutions, defense, healthcare and government organizations are the major consumers of Mass Notification Systems (MNS).
The report includes segmentation of Mass Notification Market by type of products: 'hardware', 'software and services'; by type of deployment: 'on-premise' and 'on-demand'; by type of solutions: 'in-building solutions', 'wide-area solutions' and 'distributed recipient solutions'; by type of applications: 'interoperable emergency communication', 'business continuity and disaster recovery', 'integrated public alert and warning', and 'business operations'; by type of industries: 'commercial', 'education', 'energy and power', 'healthcare', 'defense', 'automotive, transportation and logistics', 'government' and 'others' and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA). The report also provides insights into the opportunity analysis of specific verticals and business case analysis and roadmaps for the Mass Notification Market.
For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1248
The Mass Notification Market is estimated to grow from $3.81 Billion in 2015 to $8.57 Billion in 2020.This represents a Compound Annual Growth Rate (CAGR) of 17.6% from 2015 to 2020. In the current scenario, education and defense verticals continue to be the largest contributor for MNS. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while the European region is expected to experience increased market traction.
Browse Related Reports
Critical Infrastructure Protection Market by Security Technology (Network, Physical, RADARS, CBRNE, Vehicle Identification, Secure Communication, SCADA, Building Management), by Service, by Vertical & by Region - Global Forecast to 2019
Physical Security Market by System and Services (Access Control, IP Video Surveillance Management Software, Locks, PSIM, Perimeter Intrusion Detection, System Integration, and Designing and Consulting) - Worldwide Forecast & Analysis (2014 - 2019)
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets