“The Asia-Pacific mass notification system market is estimated to grow at a CAGR of 26.6% from 2014 to 2019. China held the largest share of this market in 2014, while the mass notification system market in Australia is expected to grow at the highest CAGR of 31.7% during the forecast period. The growth of mass notification system market in this region is primarily driven by the increasing threats and natural disasters, increasing awareness for emergency communication solutions, and growing trends towards mobility. Emerging economies such as China and Japan are creating new growth opportunities for the mass notification system market in Asia-Pacific.
The Asia-Pacific mass notification system market has been segmented and forecast on the basis of industry verticals, such as education, defense, healthcare, energy & power, and others. The market has been segmented and forecast based on products, such as hardware and software & services. The market has also been segmented and forecast on the basis of application, including interoperable emergency communication, business continuity and disaster recovery, integrated public alert & warning and business operation and solutions such as wide-area solution, in-building solution and distributed recipient solution. The Asia-Pacific mass notification system market has been segmented based on the basis of major countries in this region, including China, Japan, and Australia.
The mass notification system market in Asia-Pacific contributed a share of 9.2% to the global mass notification system market in 2014. China contributed a share of 20.6% to the overall Asia-Pacific mass notification system market in the same year.
The Asia-Pacific mass notification system market was dominated by Athoc Inc. in 2014; it was followed by Honeywell International. New product launches, partnerships, acquisitions, and collaborations are the major strategies adopted by the key players to achieve growth in Asia-Pacific mass notification system market.
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