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.

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.

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Key companies operating in the Incident and Emergency Management market include:

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 market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Incident and Emergency Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Incident and Emergency Management Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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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

 

Incident and Emergency Management Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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