Mass Notification System Market Size, Share, Growth Analysis, By Component(Hardware, Software), By Applications(Critical Event Management, Public Safety and Warning) - Industry Forecast 2024-2031

Global Mass Notification System Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 12.72 billion in 2023 to USD 63.85 billion by 2030, at a CAGR of 22.34% during the forecast period (2024-2031).

The market for mass notification systems is primarily driven by the extensive use of mass notification systems in hospitals and other healthcare facilities and the growing popularity of notification devices based on the Internet Protocol (IP). For the purpose of assisting governments in implementing Article 110, BEREC (the Body of European Regulators for Electronic Communications) has also made available its criteria for evaluating the efficacy of public warning systems delivered via various channels. A mass notification system works as a centralized server platform that offers the necessary tools and services to appropriately respond to any emergency and convey the messages fast and clearly. In order to confirm a resolution and connect security teams, the technology company AlertMedia, Inc. created emergency communication software in September 2022. The mass notification system may be simply linked with the current communication and security systems, as well as with mobile-based applications. Universities, major buildings, and other locations can all use this type of bulk notification system.

US Mass Notification System Market is poised to grow at a sustainable CAGR for the next forecast year.