Emergency Notification Systems in Educational Facilities Market Size

Emergency Notification Systems in Educational Facilities Market size is likely to expand at more than 19.7% CAGR during the forecast period i.e., between 2024-2036. The growth of the market can be attributed to the growing demand for efficient mass notification systems in educational institutions, backed by growing number of students across the world. The data by the World Bank stated that population of children below 14 years of age comprised 25.491% of the total global population in 2020.The need for emergency notification or communication system in case of fire, earthquake, attacks and others, is increasing, which, in turn, is estimated to upsurge the market growth. Moreover, rapid digitalization of the education sector, along with growing usage of smartphones, is estimated to boost the market growth. Furthermore, the COVID-19 pandemic has shifted educational facilities to online education, where the dependence on technology has reached a never-before scale. This is further estimated to boost the market growth.