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Cloud-Based Emergency Notification Solution Market

Segmentation by Component (Software, and Service); by Application (Public Alert System, Emergency Communication, Disaster Management & Warnings, and Others); by End-User (IT and Telecom, Transportation, Hospitals, and Others) – Global Demand Analysis & Opportunity Outlook 2030

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Report ID: 3218 | Published On: Feb 09, 2023
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Global Cloud-Based Emergency Notification Solution Market Regional Synopsis

Regionally, the global cloud-based emergency notification solution market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America region is estimated to garner largest share over the forecast period on the back of growing IT sector, along with increasing implementation of cloud-based technology in the region. There were more than 3 million people employed in the IT sector in US, as of 2019, and this sector generated a revenue of over USD 1.5 trillion. Moreover, presence of major key players, along with the rise in adoption of public cloud technologies in the region is expected to boost the market growth.

The market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period owing to the technological development in the countries, including Japan, China, Singapore and India. The growing adoption of PaaS, IoT, and cloud computing amongst various enterprises in the region is estimated to drive the market growth in the upcoming years. 

Global-Cloud-based-Emergency-Notification-Solution-Market-Share

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The global cloud-based emergency notification solution market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis


Global-Cloud-based-Emergency-Notification-Solutions-Market-Overview
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cscs

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.


Market Segmentation

Our in-depth analysis of the global cloud-based emergency notification solution market includes the following segments:

By Component

  • Software
  • Services

By Application

  • Public Alert System
  • Emergency Communication
  • Disaster Management & Warnings
  • Others

By End-User

  • IT & Telecom
  • Transportation
  • Hospital
  • Others

Growth Drivers

  • Growing Adoption of Cloud-based Technology
  • Increasing Need for Faster and Better Emergency Notification System

Challenges

  • Constant Change and Advancement in Technology
  • Lack of Skilled Workers


Global-Research-and-Development-Expenditure
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Top Featured Companies Dominating the Market

    • Blackberry Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Everbridge
    • IBAM Systems
    • ToolBarStudio Inc. (DeskAlerts)
    • Singlewire Software, LLC.
    • Johnson Controls International plc
    • Omnilert LLC
    • Catalyst Technologies Pty Ltd
    • Omnigo Software
    • Acoustic Technology Inc.

     


In The News

  • May 17, 2021: BlackBerry Limited announced the launch of its new cloud-based endpoint detection and response (EDR) solution ‘BlackBerry Optics 3.0’.

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the cloud-based emergency notification solution market?

Ans: Increasing adoption of cloud-based technology in majority businesses is one of the major factors driving the market growth.

2) What would be the CAGR of cloud-based emergency notification solution market over the forecast period?

Ans: The market is anticipated to attain a significant CAGR over the forecast period, i.e., 2022-2030.

3) What are the challenges affecting the cloud-based emergency notification solution market growth?

Ans: Lack of technically skilled workers is a major factor estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of cloud-based emergency notification solution market in future?

Ans: The market in the North America will provide the highest growth opportunities for the market during the forecast period on the back of growing IT sector and presence of major market players in the region.

5) Who are the major players dominating the cloud-based emergency notification solution market?

Ans: The major players dominating the market include Everbridge, IBAM Systems, ToolBarStudio Inc. (DeskAlerts), Singlewire Software, LLC., Johnson Controls International plc, Omnilert LLC, Catalyst Technologies Pty Ltd and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the global cloud-based emergency notification solutions market?

Ans: The market is segmented by component, application, end-user, and by region.

8) Which segment captures the largest market size in the application segment in the cloud-based emergency notification solutions market?

Ans: The public alert systems segment is anticipated to hold a significant market size during the forecast period owing to the increasing shift of public communication to smartphones.

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