Global Incident and Emergency Management Market 2018-2023: Increased Use of Social Media to Alert the Public About Incidents and Emergencies
DUBLIN, April 18, 2018 /PRNewswire/ --
The "Incident and Emergency Management Market by System, Solution, Service, Simulation, Communication Tool and Device, Industry Vertical and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The incident and emergency management market is expected to grow from USD 93.44 Billion in 2018 to USD 122.94 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period.
The major drivers of the market include increasing incidents of terrorist and biohazardous attacks, and natural disasters due to ever changing climatic conditions, and stringent government regulations and norms.
Various solutions that are offered in the incident and emergency management market include geospatial solution, disaster recovery solution, and situational awareness solution. Among these solutions, the disaster recovery solution is expected to hold the largest market size as well as the fastest growing segment. The reason for this can be attributed to its rapid adoption among industries for keeping their business operations unaffected from disasters or resuming the business operations as soon as possible after being hit by a disaster.
The systems segment includes web-based emergency management system, emergency/mass notification system, surveillance system, traffic management system, inventory/database management system, safety management system, remote weather monitoring system, tsunami warning system, earthquake/seismic warning system, and the Chemical, Biological, Radiological, Nuclear, and Explosive (CBRNE)/Hazardous Materials (HAZMAT) detection system.
The emergency notification/mass notification system is expected to be the fastest growing in this marketspace, as its software allows agencies to send or receive real-time sensitive emergency message notifications in the form of texts, emails, or voice mails, before or during emergencies. The surveillance system is expected to dominate the systems segment in terms of contribution to the overall market, as it is extensively used by government organizations as well as enterprises in monitoring and providing information about real-time situations during an emergency or incident.
The incident and emergency management solution providers also offer consulting services, design and integration services, training and education services, and support and maintenance services. Among the services, the training and education services segment is expected to be growing at the highest rate. The training and education services are provided to first responders, disaster response teams, and disaster management volunteers to raise the level of preparedness and response capability, and also mitigate the damages to a property during an emergency.
The incident and emergency management market has been segmented by simulation, which has further been broken down into traffic simulation system, hazard propagation simulation tools, and incident and evacuation simulation tools. The communication tools and devices segmentation has been categorized into first responder tools, satellite phones, and vehicle-ready gateways (cellular/GPS/Wi-Fi). Among these, the first responder tools segment is expected to be the fastest growing, as it includes all technology devices that assist the departments and teams in providing the first action during the time of emergency.
Incident and emergency management systems, solutions, and services have been adopted by various industry verticals, including Banking, Financial Services, and Insurance (BFSI); energy and utilities; manufacturing; healthcare and life sciences; government and defense; aviation; hospitality; transportation and logistics; and telecom and IT; and others (museums, sports stadiums, and residential complexes). The telecom and IT industry vertical is expected to be fastest growing, as it is considered as an important element in the economic and social growth of a country. The loss of data and valuable information can severely hamper the operations of the telecom companies.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Incident and Emergency Management Market
4.2 Market By System, 2018-2023
4.3 Market By Solution, 2018-2023
4.4 Market By Service, 2018-2023
4.5 Market By Simulation, 2018-2023
4.6 Market By Communication Tool and Device, 2018-2023
4.7 Market By Industry Vertical, 2018-2023
4.8 Market By Region
5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Rising Terrorist and Biohazardous Attacks
5.1.1.2 Occurrence of Unpredictable Natural Disasters Due to the Ever-Changing Climatic Conditions
5.1.1.3 Increase in Government Regulations and Norms
5.1.1.4 Need to Avoid the Huge Monetary Losses Due to Disasters
5.1.2 Restraints
5.1.2.1 Incident and Emergency Management is Often Prioritized Low Due to Political Factors
5.1.3 Opportunities
5.1.3.1 Upgradation of the Outdated Incident and Emergency Management Infrastructure
5.1.3.2 Increased Use of Social Media to Alert the Public About Incidents and Emergencies
5.1.3.3 Increased Government Expenditure on Emergency and Disaster Management Solutions
5.1.3.4 Advancements in Emergency Management Technologies
5.1.4 Challenges
5.1.4.1 Disconnection Between the Disaster Risk Reduction Policy and the Emergency Management in Practice
5.1.4.2 Hardware Infrastructure is Prone to A Single Point of Failure
5.2 Use Cases
5.2.1 Emergency Management Solution Used By the Government to Provide Incident Planning and Response Capabilities
5.2.2 an Intelligent Disaster Recovery Solution in the Healthcare Industry
5.2.3 The Aviation Industry is Using Incident Management and Emergency Response Systems
5.2.4 Emergency and Incident Management in the Hospitality Industry
5.2.5 Mass Notification Tool Manages Business Interruptions in an Insurance Company
5.2.6 Rapid Adoption of Emergency Management Solutions Among Government Organizations to Provide Robust Public Safety and Security
5.3 Innovation Spotlight
6 Incident and Emergency Management Market, By System
6.1 Introduction
6.2 Web-Based Emergency Management System
6.3 Emergency/Mass Notification System
6.4 Surveillance System
6.5 Traffic Management System
6.6 Inventory/Database Management System
6.7 Safety Management System
6.8 Remote Weather Monitoring System
6.9 Tsunami Warning System
6.10 Earthquake/Seismic Warning System
6.11 Cbrne/Hazmat Detection System
7 Incident and Emergency Management Market, By Solution
7.1 Introduction
7.2 Geospatial Solution
7.3 Disaster Recovery Solution
7.4 Situational Awareness Solution
8 Market By Service
8.1 Introduction
8.2 Consulting Services
8.3 Design and Integration Services
8.4 Training and Education Services
8.5 Support and Maintenance Services
9 Market By Simulation
9.1 Introduction
9.2 Traffic Simulation Systems
9.3 Hazard Propagation Simulation Tools
9.4 Incident and Evacuation Simulation Tools
10 Incident and Emergency Management Market, By Communication Tool and Device
10.1 Introduction
10.2 First Responder Tools
10.3 Satellite Phones
10.4 Vehicle-Ready Gateways
11 Market By Industry Vertical
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Energy and Utilities
11.4 Manufacturing
11.5 Healthcare and Life Sciences
11.6 Government and Defense
11.7 Aviation
11.8 Hospitality
11.9 Transportation and Logistics
11.10 Telecom and IT
11.11 Others
12 Incident and Emergency Management Market, By Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America
13 Competitive Landscape
13.1 Overview
13.2 Market Ranking
13.3 Competitive Scenario
13.3.1 Partnerships, Agreements, and Collaborations
13.3.2 New Product Launches
13.3.3 Mergers and Acquisitions
13.3.4 Business Expansions
14 Company Profiles
14.1 IBM
14.2 NEC Corporation
14.3 Hexagon
14.4 ESRI
14.5 NC4
14.6 Intermedix Corporation
14.7 Eccentex
14.8 The Response Group (TRG)
14.9 Haystax Technology
14.10 Alert Technologies
14.11 Crisisworks
14.12 Emergeo
14.13 Veoci
14.14 Missionmode
For more information about this report visit https://www.researchandmarkets.com/research/z4mk9b/global_incident?w=5
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