Incident and Emergency Management Market Size, Share and Global Trend By System (Web-based emergency management, Traffic Management), By Solutions (Geospatial, Disaster recovery), By Service (Consulting, Design and integration), By Simulation (Traffic systems, Hazard propagation tools), By Communication Tool and Device (First responder tools, Satellite phones), By Vertical (IT and Telecom, Government, Healthcare)and Regional Forecast, 2024-2032

Incident and emergency management is the discipline and profession of applying science, technology, planning, and management to cope with extreme occurrences that can harm or kill several individuals, cause extensive property damage, and disrupt community life. Indeed, the day to day news seems to indicate that the world is plagued by a long-range of natural disasters such as earthquakes, floods, hurricanes, volcanic eruptions, wildfires and terror attacks throughout the globe.

More individuals have indeed been impacted by natural disasters and terrorist attacks over the years, and losses are gradually increasing. However, the vital characteristic that drives these findings is the extent of human intrusion into hazard-prone areas. With rising acts of terrorism and possibilities of natural disaster, there is a rise in demand for the incident and emergency management.

The incident and emergency management market is increasing at a tremendous rate due to the implementation of more stringent public laws. Several nations have enforced strict laws on disaster management measures to enhance each organization's willingness to deal with such unfavorable occurrences.

An increasing number of natural calamities and human-made disaster like terror attacks has led governments of different nations to adopt adequate incident and emergency management systems. Additionally, smart city initiatives drive the implementation of technology for intelligent surveillance and evacuation, which acts as a significant factor for incidence and emergency market. Furthermore, higher deployment & maintenance expenses and the use of advanced technology for attacks by terrorist organizations are anticipated to drive demand for incident and emergency management solutions.

Key Players Covered

Key Players in the global incidence and emergency management market include Esri Inc., Honeywell International Inc., IBM Corporation, Motorola Solutions, Inc., Lockheed Martin, Rockwell Collins, Inc., and Intergraph Corporation

SEGMENTATION

Regional Analysis

North America area is increasing at a constant pace in the market for the incident and emergency management owing to the management of capacity for real-time traffic analysis. In the U.S. area, incident and emergency management systems are extensively used, and numerous projects are conducted to protect people from terrorist attacks and natural disasters.

Asia-Pacific industry is one of the fastest increasing markets as it continuously invests in incident and emergency management market research and development to tackle citizens ' safety directly. Increased terror and bio-hazard attacks have resulted in the region adopting advanced technological alternatives. The government has also heavily invested in training special army soldiers to deal with this incident. Countries like China and India are taking security and precautionary steps to protect people from terror and bio-hazard attacks.

Europe involves significant economies such as the UK and Germany, which are deploying technologically advanced systems, solutions, and facilities for the incident and emergency management. This is primarily due to a growing need to protect individuals from natural and manmade disasters.

During the research, the Middle East and Africa have been observed taking steps towards deploying advanced incidence and emergency systems to safeguard the society in the region.

Key Industry Developments

• May 2019 -Esri Inc., the worldwide leader in location intelligence, has published a centered web application namely ArcGIS Excalibur, which provides organizations to handle and monitor all duties, metrics or performance linked to imagery necessary to make informed choices and understanding situations.
• March 2019 – Ohio City and County adopts Motorola’s incidence and emergency management Solutions to seamlessly share real time critical data, the solutions include Resource management software, and other cloud based services.