Global Mass Notification System (MNS) Market Size Set to Touch Whopping USD 55.3 Billion by 2029

Published | 25 October 2023

Global mass notification system (MNS) market is gaining traction because of the increasing need to communicate effectively in emergencies and the increasing demand for interoperable systems.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global mass notification system (MNS) market size at USD 18.58 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global mass notification system market size to grow at a CAGR of 19.90% reaching a value of USD 55.3 billion by 2029. Rising incidents of terrorism and other man-made threats, as well as an increase in the use of IP-based devices, are major development factors for the worldwide mass notification system market. Additionally, it is projected that increased use of cutting-edge technologies across industrial verticals, including the Internet of Things (IoT), cloud computing, and data analytics, would support market expansion during the period in analysis.

Global Mass Notification System (MNS) Market – Overview

A mass notification system (MNS) transmits messages to employees and the general public in the event of an emergency. During crucial situations, such as natural or man-made catastrophes, pandemics, and terrorist attacks, it delivers real-time notifications and instructions to organizations and people. Connecting with current communication infrastructure, security systems, and mobile-based apps is uncomplicated. This type of mass notification system can be used in huge buildings, institutions, and other settings.

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Global Mass Notification System (MNS) Market

Segmental Information

Global Mass Notification System (MNS) Market – By Communication

Based on communication, the global mass notification system (MNS) market is segmented into text and SMS, voice calls, email, social media and app notifications, and others. The text and SMS segment holds the largest share of the global mass notification system (MNS) market. SMS alerts are one of the most prominent notification systems since they allow for faster and more effective communication. A text alert will often reach a receiver considerably faster than an email or phone call, especially in areas where mobile connections are unstable.

Impact of COVID-19 on the Global Mass Notification System (MNS) Market

The mass notification system was underdeveloped in various regions and therefore could not be deployed during the global healthcare emergency of the COVID-19 pandemic. Additionally, the lack of technological innovation and research as a result of a lack of funding and a shift in attention to the healthcare industry restrained the growth of the global mass notification system market. However, the pandemic had a favorable impact on how the mass notification system (MNS) is being utilized after COVID-19. An MNS is more important than ever during a lockdown because the public health and safety department needs to alert the public and direct them to the appropriate resources and dos and don'ts.

Competitive Landscape

Major players operating in the global mass notification system (MNS) market include BlackBerry Limited, Blackboard Inc., Desktop Alert, Inc., Eaton, Everbridge, Honeywell International Inc., Motorola Solutions, Inc., OnSolve, Singlewire Software, LLC, and xMatters.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Mass Notification System (MNS) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Mass Notification System (MNS) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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