The latest market intelligence report, titled ‘Global Incident and Emergency Management market drivers and restraints Market’, is intended to provide the target audience with the necessary information about the global Incident and Emergency Management market drivers and restraints industry. The report comprises a detailed analysis of the vital elements of the Incident and Emergency Management market drivers and restraints market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Incident and Emergency Management market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled 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
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Incident and Emergency Management market expected to boost the growth of the industry in the coming years.
Incident and Emergency Management Market Segmentation:
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
Key Questions Answered in the Report:
What is the growth rate of the Incident and Emergency Management market? What is the anticipated market valuation of Incident and Emergency Management industry by 2027?
What are the key growth driving and restraining factors of the Incident and Emergency Management market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Incident and Emergency Management industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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