IHS expects spending on mass notification systems to increase by more than 30 percent from 2013 to 2017.
Photo credit: (Graphic courtesy IHS)
According to a new report from IMS Research, part of IHS, recent high-profile crimes and acts of terrorism, such as the shooting massacre at Sandy Hook Elementary School in December and the bombings at last month’s Boston Marathon, have spurred a significant uptick in demand for mass notification systems (MNS).
The market research firm expects spending on mass notification systems in North America to increase from $1.6 billion in 2013 to $2.1 billion in 2017, an increase of more than 30 percent. Among the major markets for MNS solutions in North America include commercial, education, government, healthcare, industrial, military, assembly, transportation, and utilities. The commercial market was the estimated to be the largest vertical for MNS in 2012 and is expected to remain the fastest growing segment through 2017, followed by healthcare.
IHS said that there have also been increases in demand for mass notification systems in the past stemming from high-profile incidents. For example, the mass shooting at Fort Hood in 2009 resulted in an independent review of the incident by the Department of Defense and a subsequent recommendation that MNS solutions be implemented at all DoD sites.
"From Amber Alerts on television, to school warnings over the telephone on sexual predators, MNS mechanisms have become a fact of life for most Americans," Paul Everett, senior manager, security and fire, for IHS said in a statement. "The need for such systems has come to the forefront because of recent high-profile crimes and terrorist acts that have affected thousands of citizens. Because of this, organizations including commercial enterprises, educational establishments, governmental bodies and military operations all are expected to adopt various types of MNS in the coming years."
For more information about "The North American and European Markets for Mass Notification Systems" report from IMS Research, visit www.ihs.com.