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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Incident and Emergency Management Market Share
The geospatial solution enjoys significant demand in the incident and emergency management market
Geographic information system (GIS) integrates statistics and maps related to natural events and socioeconomic trends, which helps in storing, visualising, and better analysis of geographic data. Meanwhile, disaster recovery plans ensure businesses can keep operating after an interruption by outlining steps to restore critical functions quickly. This minimises downtime and gets things back to normal as soon as possible.
Disaster preparedness gets a boost with situational awareness solutions. These solutions offer real-time insights and early warnings, empowering first responders to react quickly and effectively.
Based on end use, the government sector is a major contributor to the incident and emergency management market revenue
There are various laws and government bodies responsible for incident and emergency management, such as the National Disaster Management Authority (NDMA) in India which works as the apex body for disaster management. Furthermore, in the United States, FEMA created the National Incident Management System (NIMS), which comprises the Incident Command System (ICS). All US governmental entities adopt NIMS as the norm for emergency management, for both planned and unplanned disasters.
Damage to cargo, loss of cargo, accidents involving hazardous materials or people, technical failure, strikes, as well as unforeseen events like political conflicts or sudden weather changes can impact the delivery of goods and supplies.
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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