Overview and Scope
Incident and emergency management refer to services to the communities by coordinating and integrating all activities necessary to build, sustain, and improve the capability to mitigate against, prepare for, respond to and recover from natural disasters, terrorist attacks, or other man-made disasters, whether they are imminent or already happened.
Sizing and Forecast
The incident and emergency management market size has grown rapidly in recent years. It will grow from $159.43 billion in 2023 to $185.89 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to lessons learned from past incidents, infrastructure vulnerabilities, shift to integrated systems, population growth and urbanization, cybersecurity threats.
The incident and emergency management market size is expected to see rapid growth in the next few years. It will grow to $337.05 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to real-time data analytics, integration of gis and mapping, climate change impact,global health crises preparedness, cybersecurity threat management.. Major trends in the forecast period include integrated command and control systems, use of ai and predictive analytics, mobile and remote access solutions, community-centric approach, resilience and risk assessment:, cloud-based platforms.
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Segmentation & Regional Insights
The incident and emergency management market covered in this report is segmented –
1) By Component: Solution, Services, Communication System
2) By Simulation: Traffic Simulation Systems, Hazard Propagation Simulation Tools, Incident And Evacuation Simulation Tools
3) By System: Web-Based Emergency Management System, Emergency/Mass Notification System, Traffic Management System, Safety Management System, Disaster Recovery And Backup Systems, Other Systems
4) By Vertical: Commercial And Industrial, IT And Telecom, Energy And Utilities, Healthcare And Life Sciences, Defense And Military, Transportation And Logistics, Government And Public Sector, Other Verticals
North America was the largest region in the incident and emergency management market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the incident and emergency management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing number of criminal and terrorist attacks is a major driver propelling the growth of the incident and emergency management market. Criminal activity refers to any conduct that is prohibited by any criminal laws, whether federal, state, or county, regardless of whether there has been an arrest or without meeting the requirements for a criminal conviction’s level of proof. Terrorist attacks or terrorism encompasses a range of complex threats: organized terrorism in conflict zones, foreign terrorist fighters, radicalized ‘lone wolves, and attacks using chemical, biological, radiological, nuclear, and explosive materials. Terrorism is becoming increasingly concentrated, contracting into countries that are already suffering from violent conflict. For instance, according to Global Terrorism Index 2022, global terrorist attacks increased to 5,226 in 2021. The country with the biggest increase in terrorist attacks was Myanmar. Therefore, the increasing number of criminal and terrorist attacks will continue to drive the incident and emergency management market.
Key Industry Players
Major companies operating in the incident and emergency management market report are Honeywell International Inc., The Lockheed Martin Corporation, Motorola Solutions Inc., Siemens AG, NEC Corporation, Collins Aerospace, IBM Corporation, Hexagon AB, Esri Inc., Alert Technologies, The Response Group, Everbridge Inc., Juvare, Haystax Technology, Veoci, Rockwell Collins Inc., Intergraph Corporation, RapidDeploy, Send Word Now, Blackboard Connect, Singlewire Software, Rave Mobile Safety, CodeRED, Regroup Mass Notification, CrisisGo, Agility Recovery, MissionMode, Everstream Analytics, RiskLogic Sydney, Witt O’Brien’s, BOLDplanning
The incident and emergency management market report table of contents includes:
1. Executive Summary
2. Incident And Emergency Management Market Characteristics
3. Incident And Emergency Management Market Trends And Strategies
4. Incident And Emergency Management Market – Macro Economic Scenario
5. Global Incident And Emergency Management Market Size and Growth
…..
31. Global Incident And Emergency Management Market Competitive Benchmarking
32. Global Incident And Emergency Management Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Incident And Emergency Management Market
34. Incident And Emergency Management Market Future Outlook and Potential Analysis
35. Appendix
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