Global Cloud-Based Emergency Notification Solution Market Highlights over 2022-2030
The global cloud-based emergency notification solution market is estimated to garner significant CAGR over the forecast period, i.e., 2022–2030. With the rapid advancements in cloud technologies, the public notification system has also shifted to cloud-based technology. The growth of the market can be attributed to the increasing adoption of cloud computing, along with increasing penetration of information technology. The cloud-based solution offers various additional advantages, such as, quick and personalized alerts on mobile phones. More than 80% of all enterprises across the globe used multi-cloud strategy by 2019. In fact, with the increasing usage of smartphones, an average person used more than 30 cloud-based applications on a daily basis. Increasing penetration of internet is another major factor driving the market growth.
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The global cloud-based emergency notification solution market is segmented by application into public alert system, emergency communication, disaster management & warnings, and others, out of which, the public alert system segment is anticipated to hold the largest share in the market during the forecast period on account of increasing application of this system for information transfer on a mass level within a community. Earlier, use of speakers was the most common way to pass information, but with the advancement of technology, the whole system shifted to hand held devices. Various end users, such as housing societies, offices & other working spaces, and hospitals, among others, are using this method, which is estimated to drive the growth of the segment.
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.
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.
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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
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
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.
