What Insights are Revealed in the Market Size Analysis of the Incident And Emergency Management Market?
The incident and emergency management market has seen significant growth in recent years, from $181.96 billion in 2024 to an expected $210.02 billion in 2025, representing a compound annual growth rate (CAGR) of 15.4%. This growth has largely been attributed to lessons learned from past incidents, infrastructure vulnerabilities, a shift towards integrated systems, and rising concerns over cybersecurity threats. The market is expected to grow further, reaching $396.67 billion in 2029 at a CAGR of 17.2%, driven by real-time data analytics, the integration of GIS and mapping, preparation for global health crises, and cybersecurity threat management. Major trends likely to influence the market in the forecast period include integrated command and control systems, the use of AI and predictive analytics, and mobile and remote access solutions.
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What Are the Key Growth Drivers in The Incident And Emergency Management Market?
One major driver propelling the growth of the incident and emergency management market is the increasing number of criminal and terrorist attacks. Criminal activity, encompassing conduct prohibited by any criminal laws, and terrorist attacks represent a variety of complex threats. These threats may originate in conflict zones, from foreign terrorist fighters or from radicalized ‘lone wolves’. Furthermore, attacks using chemical, biological, radiological, nuclear, and explosive materials present a growing concern. This rise is attributed to the ongoing evolution of ransomware tactics and the targeting of high-value sectors such as healthcare and construction, escalating the importance of effective incident and emergency management.
How Is The Incident And Emergency Management Market Segmented?
The incident and emergency management market featured in this report is segmented by:
– Component: Solution, Services, Communication System
– Simulation: Traffic Simulation Systems, Hazard Propagation Simulation Tools, Incident and Evacuation Simulation Tools
– System: Web-Based Emergency Management System, Emergency or Mass Notification System, Traffic Management System, Safety Management System, Disaster Recovery and Backup Systems, Other Systems
– 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
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Who Are The Major Players in The Incident And Emergency Management Market?
Major companies operating in the incident and emergency management market include 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, RapidDeploy, Send Word Now, Blackboard Connect, Singlewire Software, Rave Mobile Safety, CodeRED, Regroup Mass Notification, CrisisGo, Agility Recovery, MissionMode, Everstream Analytics, RiskLogic Sydney, and Witt O’Brien’s.
What Are the Key Trends Emerging in The Incident And Emergency Management Market?
Technological breakthroughs are emerging trends in the incident and emergency management market and are expected to drive market growth. Focused on creating intelligent machines capable of performing tasks typically executed by humans, major strides in artificial intelligence (AI) have the potential to revolutionize emergency management by generating, transmitting, and analyzing emergency-related data for better decision-making during crises.
Which Regions Are Expected to Experience the Most Growth in The Incident And Emergency Management Market?
North America was the largest region in terms of the incident and emergency management market share in 2024, but Asia-Pacific is expected to be the fastest-growing region in the forecast period.
What Does The Incident And Emergency Management Market Report 2025 Offer?
Incident and emergency management refers to the process of 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. The Incident And Emergency Management Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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