By rob eagar The global incident and emergency management market size is expected to reach USD 226.93 Billion in 2030 and register a revenue CAGR of 7.0% over the forecast period, according to the latest report by Emergen. Increasing need for public safety and security systems and rising geographical threats and war-like situations are factors driving market revenue growth. An incident and emergency management system refers to a group of people who have been assigned to share, facilitate, and impart information in a crisis. Rapid divergence in ecological cycle has resulted in unnatural weather changes that have prompted many unexpected occurrences such as tsunamis, cyclones, and earthquakes. Moreover, increasing number of terror attacks, Hazardous Material (HazMat) incidents, civil unrest, and international attacks have increased need for incident and emergency management across the world. According to World Health Organization (WHO), approximately 1.35 million people die every year due to road accidents and about 90% of these accidents occur in low-income countries due to lack of preparedness.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Incident and Emergency Management products is expected to drive the demand for Incident and Emergency Management, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.
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The leading market contenders listed in the report are:
Honeywell International Inc., Lockheed Martin Corporation, Siemens, NEC Corporation, International Business Machines (IBM) Corporation, Motorola Solutions, Inc., Hexagon, Collins Aerospace, Larsen & Toubro Infotech Limited, Alert Technologies Corporation, The Response Group, and Veoci Inc
Key reasons to buy the Global Incident and Emergency Management Market report:
- The latest report comprehensively studies the global Incident and Emergency Management market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Incident and Emergency Management Market
- System Type Outlook (Revenue, USD Billion; 2019–2030)
- Web-based Emergency Management System
- Mass Notification Systems
- Perimeter Intrusion Detection
- Disaster Recovery and Business Continuity
- Fire and Hazardous Material (HAZMAT)
- Geospatial
- Others
- Services Outlook (Revenue, USD Billion; 2019–2030)
- Consulting
- Emergency Operations Center Design and Integration
- Public Information Services
- Training and Education
- Support and Maintenance
- Others
- Communication Technology Outlook (Revenue, USD Billion; 2019–2030)
- First Responder Tools
- Satellite-Assisted Equipment
- Vehicle-Ready Gateways
- Emergency Response Radars
- Others
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Regional Outlook of the Incident and Emergency Management Market
The global Incident and Emergency Management market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Incident and Emergency Management market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Incident and Emergency Management Market report:
- The latest report comprehensively studies the global Incident and Emergency Management market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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