Incident and Emergency Management Market 2022 Future Trends, Key Players, Growth, Demographics and Forecast to 2030
Increase in frequency of unpredictable natural disasters and increase in criminal and insurgency activities are some of the factors driving the market revenue growth
— Emerging research
VANCOUER, BC, CANADA, July 21, 2022 /EINPresswire.com/ — The Global incident and emergency management market The size is expected to reach USD 226.93 billion in 2030 and register a CAGR of 7.0% over the forecast period, according to the latest report from Emergen. Growing need for public safety and security systems and increasing geographic threats and war situations are factors driving the market revenue growth. An incident and emergency management system refers to a group of people who have been designated to share, facilitate and transmit information in the event of a crisis. The rapid divergence of the ecological cycle has resulted in unnatural weather changes that have caused many unexpected events such as tsunamis, cyclones and earthquakes.
Some of the major players operating in the market 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. .
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Sample PDF report Contains the following information:
1. Incident and Emergency Management Market Overview (Drivers, Restraints, Opportunities and Trends)
2. PESTLE ANALYSIS, PORTER’S Five Forces Analysis and Opportunity Map Analysis
3. Outlook by region, BPS analysis, marketing strategy, methodology and data source.
4. Manufacturer analysis and many more…
Scope of the Global Incident and Emergency Management Market Report:
The report makes an accurate estimation of the growth prospects of various market segments by studying the current market scenario, past performance, supply and demand ratio, production, consumption, sales, and generation of revenues of major players in the coming years. The market segmentation provides a 360° view of the Incident and Emergency Management market industry, which proves beneficial for the readers interested in this sector.
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The report highlights the current impact of COVID-19 on the Incident and Emergency Management market along with the latest economic scenario and changing market dynamics. It analyzes the impact of the pandemic on market growth and compensation. The pandemic has changed the economic scenario of the world and affected several market sectors. The report estimates the Incident and Emergency Management market market based on the impact of COVID-19.
Some key highlights of the report:
In June 2021, Honeywell launched a new service called Honeywell Advanced Monitoring and Incident Response (AMIR). This service provides 24/7 Operational Technology (OT) that will provide cybersecurity detection and rapid response to current and upcoming cyber threats.
Consulting segment accounted for a significantly large revenue share in 2021 due to continuous improvement in contingency planning, consulting and process development services
The first responder tools segment recorded a significantly large revenue share in 2021. First responders include medical teams, police and security personnel, and fire departments, who use sophisticated communication devices that can be used in an emergency. The high demand for various first aid tools, such as smart glasses, smart watches, terrestrial trunked radio (TETRA), ultra high frequency (UHF) and very high frequency (VHF) and mobile radios land, drove revenue growth in this segment.
The North American market accounted for the largest share of revenue in 2021 owing to the rapid adoption of incident and emergency management in the developed economies of North America. Countries, such as the United States and Canada, are focusing on innovation from research and development (R&D) and technology, which is expected to drive the incident management market revenue growth and emergencies during the forecast period.
Segments covered in the report:
Emergen Research has segmented the global incident and emergency management market on the basis of f-system type, services, communication technology, simulation, vertical, and region:
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 HAZMAT
Services Outlook (Revenue, USD Billion, 2019-2030)
Emergency Operations Center Design and Integration
Public information services
Training and education
Support and maintenance
Communications Technology Outlook (Revenue, USD Billion, 2019-2030)
First responder tools
Satellite Assisted Equipment
Emergency Response Radars
Simulation Outlook (Revenue, USD Billion, 2019-2030)
Traffic simulation systems
Hazard spread simulation tools
Incident simulation and evacuation tools
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The Global Incident and Emergency Management Market report evaluates historical and current data along with an in-depth analysis of market dynamics. The report also throws light on the market growth driving and restraining factors that are expected to influence the growth of the market during the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimate of market growth in a post-COVID-19 scenario.
Geographic segment covered in the report:
The Incident and Emergency Management market provides information about the market area, which is sub-divided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.
• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)
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Answers to key questions in the report:
What is the growth potential of the Incident and Emergency Management market?
Which product category will be the most profitable?
In the years to come, which regional market will become the leader?
Which application segment will continue to grow at a steady pace?
What are the potential growth opportunities in the Incident and Emergency Management market in the coming years?
What are the most significant challenges that the incident and emergency management markets may face in the future?
Who are the key companies in the Incident and Emergency Management market?
What are the key trends positively impacting the growth of the Market?
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