Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The global mass notification software market is anticipated to expand at a significant CAGR of 17.3% during the forecast period. The market growth is attributed to the increasing adoption of Artificial Intelligence (AI) and cloud-based components for notification systems. Factors propelling the growth of the market include the increasing implementation of Internet Protocol (IP)-based notification devices and the high adoption of mass notification solutions across hospitals and medical facilities. The software used in mass notification systems necessitates an efficient communication infrastructure and the necessary bandwidth to simultaneously transmit multiple notifications. The public safety division collaborates with bureaus, first responders, crime labs, and commercial carriers in order to ensure the safety of the population, as a result of the government's heightened awareness of the need to do so.
Market Segmentation
The global mass notification software market has been analyzed on the basis of deployment mode, type, application, organization size, end-user, and region. Based on deployment mode, the market is segmented into on-premise and cloud. Cloud segment is projected to exhibit considerable growth during the forecast period. Based on type, the market is segmented into in-building, wide area, and distributed recipient. Further, on the basis of application, the market is segmented into emergency response management, business continuity & disaster recovery, public alert & warning, reporting and analytics, and others. Public alert & warning segment is projected to exhibit considerable growth during the forecast period.
Based on organization size, the market is bifurcated into SMEs and large enterprises. Amon these, larger enterprises segment is projected to grow at a significant growth rate during the forecast period. Based on end-user, the market covers the analysis of educational facilities, healthcare facilities, corporate buildings, aerospace & defense, energy & utilities, manufacturing, retails, and others. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Structure and Competition Landscape
The global mass notification software market is characterized by the presence of significant number of players. Some of the prominent players operating in the market include Everbridge Inc., Alert Media Inc., OnSolve LLC, BlackBerry Ltd., xMatters Inc., Alertus Technologies LLC, Omnilert LLC, Rave Mobile Safety, DialMyCalls.com, Singlewire Software LLC, Netpresenter B.V., Pocketstop LLC, Honeywell International Inc., Blackboard Inc., Motorola Solutions Inc., Omnigo.com, and Transputec Ltd., among others.
• n April 2020, Regroup Mass Notification announced a partnership with CivicPlus, a web development company, to help cities and countries coordinate emergency response plans, mitigation, and virus containment.
• In 2020, the U.S. invested US$ 732 Billion in defense emergency communication initiatives.
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