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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Incident and Emergency Management Market Growth
Disaster management is a comprehensive process that involves IT solutions such as early warning systems, AI-based impact analysis, data management, and communication networks to mitigate the risk and casualties associated with it.
In 2010-2020 period, an average of 13,980 deaths were attributable to extreme temperatures while earthquakes and floods registered 13,465 and 5,274 deaths respectively.
The U.S. government launched several disaster management programmes such as the Maryland Emergency Management System (MEMS) and the Community Emergency Response Team (CERT), to protect citizens from natural disasters, terrorist attacks, and other emergencies through training. The EU humanitarian budget for the year 2024 is more than USD 1.93 billion (€1.8 billion), which is higher than their usual budget for disaster management.
Natural disasters have a large impact on vulnerable populations in low- to middle-income nations lacking the necessary infrastructure for adequate protection and response. In 2023, 86,517 deaths were attributed to natural disasters, increasing from 76,100 in 2022.
Incident and Emergency Management Market Report Snapshots
Incident and Emergency Management Market Size
Incident and Emergency Management Market Growth
Incident and Emergency Management Market Trends
Incident and Emergency Management Market Share
Incident and Emergency Management Companies
Incident and Emergency Management Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of USD 126.38 billion in 2023.
The market is estimated to grow at a CAGR of 6.3% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 220.12 billion by 2032.
The key components include system and service.
The key regional markets for incident and emergency management are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include government, BFSI, transportation and logistics, healthcare, manufacturing, IT and telecom, and others.
The solutions include geospatial solution, disaster recovery solution, and situational awareness solution.
The key players in the market include Hexagon AB, International Business Machines Corporation, Motorola Solutions, Inc., Honeywell International Inc., Siemens AG, Datalink Internet Systems P/L, Alert Technologies Corporation, Environmental Systems Research Institute, Inc., R1 RCM Inc, and Everbridge Inc, among others.
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