News

Mass notification system market to hit $16B for 2025

October 16, 2019

The global mass notification system market may reach up to $16.84 billion by 2025, with a compound annual growth rate of 16.7% from 2019 to 2025, according to a report by Grand View Research Inc.

Mass notification systems allows business to deliver messages to thousands of people at once to help mitigate and manage risks and emergencies, according to the report.

The report identifies several key insights into the market such as:

• An increasing demand for organizations to communicate with employees during emergencies is driving adoption.
• Education and corporate sectors are the prime drivers of the market.
• The North American market had the highest share in 2018.
• Digital signage is increasingly being used for emergency messages.