MARKET OUTLOOK
According to Triton Market Research, the North American mass notification systems market is anticipated to rise with a CAGR of 14.99% in the estimated years 2019-2028. The United States and Canada together shape the market in this region.
As a result of large-scale economic growth, Canada needs to establish a robust public safety and security system. This will help the country maintain its rate of growth, while avoiding any undesirable incidents. The implementation of a robust system for public safety and security can be made possible with the deployment of a strong emergency alert system. This includes mass notification systems, which have an immediate response mechanism. The commercial and private sectors are the prominent areas for the application of MNS.
Alert Ready is an emergency alerting system used widely in Canada. It delivers emergency alerts to residents via TV, radio, as well as LTE-connected and compatible wireless devices. This system was developed under the guidance of many parties— Pelmorex, wireless service providers, the broadcasting industry, and Environment and Climate Change Canada, along with federal, provincial, and territorial-level emergency management officials. In July 2020, 93 emergency alert messages were disseminated by the Canadian government through Alert Ready. These developments indicate a promising market for mass notification systems in the country over the forecast period.
COMPETITIVE OUTLOOK
The leading companies in this market are Singlewire Software LLC, Honeywell International Inc, Desktop Alert Inc, xMatters Inc, International Business Machines Corporation (IBM), Johnson Controls, Blackboard Inc, and Siemens.