The incident and emergency management market is expected to grow at approximately USD 115 Billion by 2023, at 5% of CAGR between 2018 and 2023. . The key factors that are driving the growth of this market include the rising terror attacks, unpredictable natural calamities, and government initiatives to reduce these harmful activities.

Global Incident and Emergency Management Market, By Solution (Geospatial Technology Solution, CBRNE/Hazmat Solution, Situational Awareness Solution), By System (Simulation Systems), By Professional Service (Training, Consultant), - Forecast 2023

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Key Players:
The prominent players in the incident and emergency management market-Honeywell International Inc. (U.S.), Siemens Ag (U.S.), Motorola Solutions, Inc. (U.S.), Lockheed Martin (U.S.), Rockwell Collins, Inc. (U.S.), Frequentis (Austria), Intergraph Corporation (U.S.), Esri (U.S.), Metricstream (U.S.), Intermedix Corporation (U.S.), among others.

Market Highlights:

Global incident and emergency management market a group of people share the information, coordinate and communicate in the occurrence of an event or incident and emergency situationanalyzing the market structure, this report evaluates the future growth potential and observes the strategies of the key players in this market. It also tracks the competitive developments such as joint ventures, mergers, and acquisitions, new product developments, new product developments (R & D) in the market. Satellite phone as a communication device commands the largest market share. This study also expects the increasing product and solution technology in preventing valuable enterprise assets to grow rapidly. Meanwhile, restraints like lack of awareness about the benefits of this system can hamper the market growth. The management system indicates that a mass notification is expected to play a major part in incident and emergency management market. The rising terror attacks and occurrence of unpredictable natural calamities are the key factor driving the incident and emergency management market. Government initiatives in reducing harmful activities is playing the key role in incident and emergency management market

On the basis of regional analysis the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in the incident and emergency management market owing to better network infrastructure, digitization and higher technology implementation. Digitization in North America region is mainly due to the invention of advanced technology and economies benefitting from it. The implementation of incident and emergency management software by government is increasing rapidly due to increased terror attacks and natural calamities. The investment done by government towards advanced technology solution and systems in incident and emergency management.

Market Segmentation:

Then global incident and emergency management market has been segmented on the basis of communication tool & device, professional service, simulation, solution, system, vertical, and lastly region. The communication tool & device segment has been further segmented into emergency response radar, first responder tool, professional service, satellite phone, and vehicle ready gateway (cellular/Global Positioning System (GPS)/Wi-Fi). On the basis of professional service, this market has been segmented into consulting, emergency operation center (EOC) design and integration, public information services and training.

The incident and emergency management market has been segmented on the basis of simulation includes traffic simulation software. It enables organization by offering strong data management capabilities and easy platform for interactive GIS maps and database. It comprises of ITS features that includes route guidance, electronic toll collection and traffic detection and surveillance.

Latest Industry News

A federal appeals court has struck down the Environmental Protection Agency’s latest attempt to delay the Obama-era Chemical Disaster Rule. 22 AUG 2018
More than 500 personnel from 20 agencies participated in a major exercise to test Sydney's response to a flight disaster at Sydney Airport. 23 AUG 2018
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Regional Analysis:

The regional segmentation of the global incident and emergency management market segments the market into regional markets namely North America, Asia Pacific, Europe, Latin America, Middle East & Africa (MEA). Due to increasing terror attacks, the presence of key market players, and natural disasters, the market is growing in the North America region. The government has invested in the incident and emergency management owing to the occurrence of many international events such as the Syria war. Most of the key players in the market are based in the United States of America (USA).

The geographical analysis of incident and emergency management market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. The increase in number terror attacks across the world and natural disaster are the factors driving the market in North America. The government investment in incident and emergence management owing to occurrence of many international events is one of the significant factor driving the market growth. Asia‐Pacific region is expected to be the fastest growing market due to the increasing adoption of incident and emergency management techniques in developed countries.

LIST OF TABLES

Table 1 Incident And Emergency Management Market, By Solution

Table 2 Incident And Emergency Management Market, By System

Table 3 Incident And Emergency Management Market, By Professional Service

Continued…

LIST OF FIGURES

Figure 1 Research Type

Figure 2 Incident And Emergency Management Market: By Solution (%)

Figure 3 Incident And Emergency Management Market: By System (%)

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