Some of the major Mass Notification Systems players holding high market share include Google, Motorola Solutions, Honeywell, and Everbridge.
“The global mass notification systems market size was valued at $7.44 billion in 2020 and is expected to reach $35.26 billion by 2028 growing at the CAGR of 20.89% from 2021 to 2028.”, based on the report published by Evolve Business Intelligence in March 2021.
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The recent COVID scenario impacted the Mass Notification Systems market positively. Due to the increasing spread of Coronavirus, several companies are working with a limited workforce leading to delays in work/production. This has impacted the market in the years 2020 and 2021.
The Mass Notification Systems market is segmented based on several segments including Component, Deployment Mode, type, and industry vertical. The study includes a comprehensive value chain analysis, defines porter’s five forces, as well as provides details on the key factors affecting the market growth (drivers, constraints/challenges, and opportunities).
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The report includes 10 key players in the Mass Notification Systems market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
- Motorola Solutions
- ATI Systems
- Johnson Controls
- Rave Mobile Safety
- Federal Signal Corporation
Furthermore, for the above-mentioned companies, the Mass Notification Systems market report demonstrates their business overview, financial revenues, and research and development. Additionally, the report also provides the competitive landscape for the market players, and the strategies adopted by them to grow in the Mass Notification Systems market (partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion).
- Base Year: 2020
- Estimated: 2021
- Forecast: 2022 to 2028 (This period can be changed in the customization)
- Compound Annual Growth Rate (CAGR) Period: 2021 to 2028
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