Global incident and emergency management market, By System Type (Mass Notification System, Surveillance System, Traffic Management System, Safety Management System, Earthquake/ Seismic Warning System, and Disaster Recovery and Backup System), Communication Technology (First Responder Tools, Satellite Phones, Emergency Response Radars, Vehicle-ready Gateways, and Others), Service (Training and Education Services, Consulting Services, Design and Integration Services, and Support and Maintenance Services), Solution (Geospatial Solutions, Disaster Recovery Solutions, and Situational Awareness Solutions), Industry Vertical (BFSI, Public Sector, Healthcare, Retail, IT and Telecom, Energy and Utilities, Manufacturing, Aerospace and Defense, Transportation and Logistics, and Others) - Industry Trends and Forecast to 2030.
Incident and Emergency Management Market Analysis and Size
The incident and emergency management market is increasing at a tremendous rate due to the implementation of more stringent public laws. Increasing in the number of natural calamities and human made disasters such as terror attacks has led governments of different nations to adapt adequate incident and emergency management systems. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Data Bridge Market Research analyses that the global incident and emergency management market which was USD 121,400 million in 2022, is expected to reach upto USD 226,930 million by 2030, and is expected to undergo a CAGR of 7.1% during the forecast period. This indicates the market value. Mass notification system dominates the type segment of the global incident and emergency management market, as the segment is meant to instantly send curcial information to a large number of individuals. In an emergency, the ability to immediately reach a large number of people is critical. Because of mass notification systems thrive in this area, they are an essential component of emergency management. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Incident and Emergency Management Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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System Type (Mass Notification System, Surveillance System, Traffic Management System, Safety Management System, Earthquake/ Seismic Warning System, and Disaster Recovery and Backup System), Communication Technology (First Responder Tools, Satellite Phones, Emergency Response Radars, Vehicle-ready Gateways, and Others), Service (Training and Education Services, Consulting Services, Design and Integration Services, and Support and Maintenance Services), Solution (Geospatial Solutions, Disaster Recovery Solutions, and Situational Awareness Solutions), Industry Vertical (BFSI, Public Sector, Healthcare, Retail, IT and Telecom, Energy and Utilities, Manufacturing, Aerospace and Defense, Transportation and Logistics, and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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IBM Corporation (U.S.), Honeywell International Inc. (U.S.), NEC Corporation (Japan), Hexagon AB (Sweden), The Response Group (U.S.), Motorola Solutions, Inc. (U.S.), Genasy, Inc. (U.S.)
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Market Opportunities
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Market Definition
The systematic planning and response to unforeseen events, crisis or disasters is referred to as incident and emergency management. Incident and emergency management is the discipline and profession of applying science, technology, planning and management to cope with the extreme occurances that can can or harm several individuals, cause extensive property damage and disrupt community life.
Global Incident and Emergency Management Market Dynamics
Drivers
- Increasing in the Number of Natural Disasters
The growing in the frequency and severity of natural catatrophes throughout the world are driving the incident and emergency management market. With the growing threat posed by disasters such as wildfires, hurricanes, floods, earthquakes, there is a greater understanding of the crucial need of preparedness. The need to adapt to a changing environment and the regulatory push for stronger catatrosphe readiness criteria, drive the market growth.
- Expansion in Urbanization and Population Growth
The global trend of urbanization has resulted in more people living in densely populated places, putting them exposed to natural disasters. Managing emergencies in urban areas necessitates specialized solutions and infrastructure investments.
Opportunity
- Increase in Demand of Cybersecurity and Data Protection
The growing demand for cybersecurity and data protection creates a significant, opportunity for the incident and emergency management market. The systems rely more on digital infrastructure and data, protecting sensitive information from cyber attacks and preserving the integrity of emergency communication becomes increasingly important.
Restraints/Challenges
- Obstacles Caused by False Alarm Rates
The false alarm rates are the major barrier to the incident and emergency management market. They can weaken trust in emergency services, leading to complacency among first respoders and the general public. The can also cause delays in responding to true emergencies, putting lives and property at danger.
- Disparities in the Cost of Incident and Emergency Maganement Systems
The cost differences in incident and emergency management systems constitute a substaintial challenge to the market. High expenditure is associated with the advanced systems might be prohibitive for the smaller organizations and underdeveloped countries, limiting their capacity to implement effective emergency management solutions
This global incident and emergency management market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the variable frequency drive market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In January 2023, Genasys Inc., announced a Zonehaven software-as-a-service (SaaS) and Genasys Emergency Management (GEM) contract from three contiguous Utah counties. Emergency management officials will use Genasys Emergency Management (GEM) and Zonehaven to alert and evacuate people endangered by flooding, wildfires, oil and natural gas incidents, and other life safety hazards.
- In December 2022, Motorola Solutions announced the acquisition of Rave Mobile Safety, a mass notification and incident management leader that helps organizations and public safety agencies communicate and collaborate during emergencies.
Gobal Incident and Emergency Management Market Scope
The global incident and emergency management market is segmented on the basis of system type, communication technology, service, solution, industry verticals. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
System Type
- Mass Notification System
- Surveillance System
- Traffic Management System
- Safety Management System
- Earthquake/ Seismic Warning System
- Disaster Recovery and Backup System
Communication Technology
- First Responder Tools
- Satellite Phones
- Emergency Response Radars
- Vehicle-ready Gateways
- Others
Service
- Training and Education Services
- Consulting Services
- Design and Integration Services
- Support and Maintenance Services
Solution
- Geospatial Solutions
- Disaster Recovery Solutions
- Situational Awareness Solutions
Industry Vertical
- BFSI
- Public Sector
- Healthcare
- Retail
- IT and Telecom
- Energy and Utilities
- Manufacturing
- Aerospace and Defense
- Transportation and Logistics
- Others
Global Incident and Emergency Management Market Region Analysis/Insights
The global incident and emergency management market is analyzed and market size insights and trends are provided by system type, communication technology, service, solution, industry verticals, as referenced above.
The regions covered in the global incident and emergency management market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the Global incident and emergency management market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.
North America dominates the global incident and emergency management market because of the technological advancement in the region with advanced incident and emergency management systems being developed. Asia-Pacific is the fastest-growing country in the global incident and emergency management market because of the rapid urbanization which resulted in the emergence of huge metropolitan centres with dense populations.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Semiconductor Infrastructure Growth Installed Base and New Technology Penetration
The global incident and emergency management market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global incident and emergency management market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the variable frequency drive market. The data is available for the historic period 2015 to 2020.
Competitive Landscape and Global Incident and Emergency Management Market Share Analysis
The data center cooling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global incident and emergency management market.
Some of the major players operating in the global incident and emergency management market are:
- IBM Corporation (U.S.)
- Honeywell International Inc. (U.S.)
- NEC Corporation (Japan)
- Hexagon AB (Sweden)
- The Response Group (U.S.)
- Motorola Solutions, Inc. (U.S.)
- Genasy, Inc. (U.S.)
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