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Asia-Pacific Mass Notification System Market worth $918.0 million in 2019


The Report “Asia-Pacific Mass Notification System Market by Product (Hardware, Software & Services), by Solution (In-building, Wide-area, Distributed Recipient), by Vertical, by Application, by Geography - Analysis and Forecast to 2019”, is estimated to reach $918.0 million in 2019, growing at a CAGR of 26.6%from 2014 to 2019.

                                               

Browse through the TOC of the Asia-Pacific Mass Notification System Market for an analysis of industry trends and segments, with the help of various tables and figures.

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The Asia-Pacific mass notification system market is estimated to grow at a CAGR of 26.6% from 2014 to 2019. China held the largest share of this market in 2014, while the mass notification system market in Australia is expected to grow at the highest CAGR of 31.7% during the forecast period. The growth of the mass notification system market in Asia-pacific is driven by the increasing need for public safety during any disaster.

The Asia-Pacific mass notification system market has been segmented based on application, solution, vertical, product, and geography. On the basis of application, this market has been segmented into interoperable emergency communication, business continuity and disaster recovery, integrated public alert & warning and business operation. Based on solution, the market has been further segmented into wide-area solution, in-building solution and distributed recipient solution. The market has also been segmented based on products into hardware and software & services. Based on verticals, the market has been segmented into education, defense, healthcare, energy & power, and others. The energy & power and commercial segments are projected to grow at CAGR of 37.9% and 32.6% respectively from 2014 to 2019. These verticals are expected to deploy mass notification systems on a large scale in coming years.
The major drivers responsible for the growth of the Asia-Pacific mass notification system market include the rising need for public safety, increasing awareness for emergency communication solutions, and growing need for business continuity.

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