Cloud-Based Emergency Notification Solution Market Share

Regionally, the 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 is expected to account for largest revenue share by 2036, 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.