PUNE, India, October 3, 2016 /PRNewswire/ --
According to a new market research report "Incident and Emergency Management Market by System and Solution (Web-Based Emergency Management, Mass Notification), Professional Service, Simulation, Communication Tool and Device, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size is expected to grow from USD 88.58 Billion in 2016 to USD 114.01 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period.
Browse 127 market data Tables and 52 Figures spread through 200 Pages and in-depth TOC on "Incident and Emergency Management Market"
Early buyers will receive 10% customization on this report.
The major drivers of this market include changing climatic conditions, increasing government regulations & norms, extensive usage of social media to spread information, and increased threats of terrorist attacks.
Mass notification system is expected to be the most promising system during the forecast period
The Incident and Emergency Management Market has been segmented into system and solutions, professional services, simulation, communication tools and devices, and verticals. The mass notification system is projected to grow at the highest CAGR during the forecast period. Mass notification system is considerably important due to growing requirement of incident information to be provided to the masses, along with the precautionary measures that should be adopted to prevent any losses from taking place.
Satellite phone as a communication device is expected to hold major market share during the forecast period
Satellite phone commands the major share of the incident and emergency management communication tools and devices. These are the most trusted communication modes as these phones are directly linked to satellites and provide seamless connectivity for voice and data transfers. Satellite communication is highly survivable, self-sufficient, and independent of terrestrial infrastructure.
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=1280
North America contributes the maximum market share in the incident and emergency management market
North America is expected to hold the largest market share and dominate the Incident and Emergency Management Market in 2016, due to the presence of robust disaster management infrastructure in the region. Latin America is estimated to grow at the highest rate during the forecast period due to the increasing expenditure by the governments for disaster and emergency management for various international events, such as Rio Olympics. Furthermore, APAC is expected to be another revenue generating market.
The major vendors covered in the Incident and Emergency Management Market for the study are Honeywell International, Inc., Siemens AG, Motorola Solutions, Lockheed Martin Corporation, Rockwell Collins, ESRI, Frequentis AG, Intergraph, Intermedix, and Metricstream.
Browse Related Report
Mass Notification System Market by Solution (In-Building, Wide Area, Distributed Recipient), by Application (Interoperable Emergency Communications, Business Continuity and Disaster Recovery, Integrated Public Alerts and Warning, and Business Operations) - Global Forecast and Analysis to 2021 http://www.marketsandmarkets.com/Market-Reports/mass-notification-market-1248.html
Road Safety Market by Solution (Red Light Enforcement, Speed Enforcement, Incident Detection Systems, Bus Lane Compliance, Automatic License Plate Recognition), by Service, by Region - Global Forecast to 2020
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets