The Business Research Company’s report on the Incident And Emergency Management Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the incident and emergency management market further?
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, in 2023, according to the Vision of Humanity, an Australia-based non-government organization, in 2023 the US accounted for 76% of terrorism-related deaths among Western democracies, coinciding with a 15-year low in incident rates. Additionally, in 2022, the Islamic State (IS) and its affiliates remained the world’s deadliest terrorist group for the eighth consecutive year, carrying out attacks in 21 countries. This rise is attributed to the ongoing evolution of ransomware tactics and the targeting of high-value sectors such as healthcare and construction. Therefore, the increasing number of criminal and terrorist attacks will continue to drive the incident and emergency management market.
Access Your Free Sample of the Global Incident And Emergency Management Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8499&type=smp
What are the key factors influencing the forecasted market size of the incident and emergency management industry?
The incident and emergency management market size has grown rapidly in recent years. It will grow from $181.96 billion in 2024 to $210.02 billion in 2025 at a compound annual growth rate (CAGR) of 15.4%. 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 $396.67 billion in 2029 at a compound annual growth rate (CAGR) of 17.2%. 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.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=8499&type=smp
Who are the leading competitors in the incident and emergency management market?
Major companies operating in the incident and emergency management market 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, 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
Which emerging trends are set to transform the incident and emergency management market landscape?
Technological breakthroughs are the key trends in the incident and emergency management market. In the upcoming years, the market growth is also projected to be aided by advanced technological breakthroughs creating new opportunities for emergency management practices. The vast topic of artificial intelligence in computer science is focused on creating intelligent machines that can perform activities that typically require human intelligence. Artificial intelligence (AI) offers the potential to generate, transmit and read emergency-related data for better decision-making in crises. AI has the potential to forecast, assess, and simulate situations in emergency management to speed up response times and simplify resource allocation procedures. For instance, in May 2022, the city of Los Angeles (California, USA) signed an agreement for using the One Concern platform, which employs artificial intelligence through analytical disaster assessment and calculated damage estimates. This will specifically give each component of a city a ”unique, verifiable ‘digital fingerprint,”’ models the entire system, and tracks how each disaster and climate change affect a place.
How do different geographies compare in terms of market share and growth potential in the incident and emergency management market?
North America was the largest region in the incident and emergency management market share in 2024. 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.
Order Your Report Now For Swift Delivery
Which major segments of the incident and emergency management market are experiencing the fastest growth?
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 Or 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
Subsegments:
1) By Solution: Software Solutions, Hardware Solutions
2) By Services: Consulting Services, Training And Education Services, Managed Services
3) By Communication System: Public Alert Systems, Emergency Notification Systems, Command And Control Systems
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8499
How is the incident and emergency management market defined, and what are its core characteristics?
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.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company