European Mass Notification System Market Size, Share & Forecast 2019-2025
The European mass notification system market is estimated to grow at an impressive rate of 15.1% during the forecast period. The growth of the market is attributed to the various benefits offered by the mass notification system such as personalize message delivery service, maximize security, reduced response time, control of rumors & misinformation, affordable, and easy to use. Furthermore, increasing demand for mass notification in industries and the growing trend of bulk message services are also expected to contribute significantly towards the growth of the market.
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The European mass notification system market is segmented on the basis of mode of deployment, application, and end-user. Based on the mode of deployment, the market is sub-segmented into on-premises and cloud data warehousing. On the basis of application, the market is analyzed into in-building, wide area, and distributed recipient. Increasing the use of mass notification systems in business communication and alerting people are fueling the growth of the in-building segment. On the basis of end-user, the market is classified into residential, commercial, and industrial.
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Furthermore, the European mass notification system market is influenced by the presence of several players including Blackberry Ltd., Honeywell International Inc., OnSolve LLC, Everbridge Inc., IBM Corp., and many others. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. For instance, in January 2017, Svensk Krisledning AB, the developer of the SaaS mobile crisis management solution - Crisis Commander - was acquired by Everbridge. The acquisition brings technology that will enhance Everbridge’s core mobility platform and the two-way communication and automated workflow capabilities of Crisis Commander will be heightened by integration with the platform.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
European Mass Notification System Market Segmentation
By Mode of Deployment
- On-Premises
- Cloud
By Application
- In-Building
- Wide Area
- Distributed Recipient
By End-User
- Residential
- Commercial
- Industrial
Company Profiles
- Atlassian
- Blackberry Ltd.
- Eaton Corp.
- Everbridge Inc.
- Honeywell International Inc.
- IBM Corp.
- Johnson Controls International PLC
- Motorola Solutions Inc.
- OnSolve LLC
- Siemens AG
- xMatters Inc
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