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The Asia-Pacific Mass Notification/Emergency Notification System market is estimated to grow to $931.7 million by 2019 ? New Report by MicroMarket Monitor
The Asia-Pacific Mass Notification/Emergency Notification System market report defines and segments the Mass Notification/Emergency Notification System market in Asia-Pacific with analysis and forecast of revenue. This market is estimated to reach from $285.9 million in 2014 to $931.7 million by 2019, at a CAGR of 26.7% between 2014 and 2019.
Browse through the TOC of the Asia-Pacific Mass Notification/Emergency Notification System market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
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Mass notification systems are considered a necessity as they help to promote public safety and avoid panic during natural calamities, terrorist attacks, crimes, and other similar incidents. Mass notification/emergency notification systems are evolving significantly to address the demands of fast message delivery and message prioritization arising from the increasing emergency situations. Mass notification systems provide advanced communication technology that alerts people about the possible danger and also guides them to avert the same. Mass notification services provide notifications to individuals or groups, such as customers, employees, citizens, and government officials.
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Over 70% of world?s natural disasters occur in Asia-Pacific which makes it one of the most disaster prone regions worldwide. Scientists predict that the intensity and frequency of disasters in the Asia-Pacific region will increase in the decades ahead, exacerbated by unplanned urbanization, poor land-use management, and climate change. Following this, organizations and the public safety departments are tending to implement the mass notification systems in order to make people aware prior to any disasters or natural calamities. As of 2014, Asia-Pacific contributes 9.2% to the overall mass notification/emergency notification system market and is expected to raise its share to 12.4%.
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The Asia-Pacific Mass Notification/Emergency Notification System market is segmented and forecast on the basis of components, sub markets, applications, and industries. The components of the market are Mass Notification Hardware and Mass Notification Software and Services. The sub markets are In-Building Mass Notification Solutions, Wide Area Mass Notification Solutions, and Distributed Recipients Solutions. The applications of the market include Emergency Communication System, Public Alert and Warning System, Business Continuity/Disaster Recovery, and Perimeter Security Solutions. The market is further segmented on the basis of main countries in this region, such as China, Japan, India, and Australia.
The report also includes market share and value chain analyses of Asia-Pacific Mass Notification/Emergency Notification System market, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
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