A new report from RnR Market Research has reviewed the mass notification system market in North America. It covers application segments such as interoperable emergency communication, business continuity & disaster recovery, public alert & warning and business operations.
The report says that the increased usage of mass notification systems in both developed and developing nations can be attributed to factors, such as rising need for public safety, increasing awareness of emergency communication solutions, the requirement for business continuity, and the growing trend towards mobility.
The North American mass notification market was valued at $1,774.6 million for 2014, and is projected to reach $3,450.7 million by 2019, at a CAGR of 14.2% from 2014 to 2019.
The mass notification system market is competitive in nature, marked with new product developments and merger & acquisitions. New product launches and mergers & acquisitions are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players, such as AtHoc Inc., Cooper Industries, Everbridge, MIR3, Omnilert LLC., Send Word Now, Mircom Group of Companies, and Xmatters.
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