Incident and Emergency Management Market Worth 101.33 Billion USD by 2020
PUNE, India, October 20, 2015 /PRNewswire/ --
According to a new market research report, "Incident and Emergency Management Market by System and Platforms (Surveillance Systems, Mass Notification Systems), by Communication Technologies (First Responders, Satellite Phones), by Simulation Tools, by Professional Services - Global Forecast to 2020", published by MarketsandMarkets, The global market to grow from USD 80.10 Billion in 2015 to USD 101.33 Billion in 2020, at a 4.8% during the forecast period from 2015 to 2020.
Browse 77 market data Tables and 63 Figures spread through 150 Pages and in-depth TOC on "Incident and Emergency Management Market"
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The market report provides a comprehensive market and forecast analysis of the overall market, which is segmented by system & platforms, simulation tools, communication platforms, services, deployment, regions, and verticals.
In the recent years, there has been an increase in the number of terrorist attacks and disasters caused due to natural calamities. The key factors shaping the future of this market are the increased favourable government changes in the regulations & norms, increased terrorist attacks, use of social-media to communicate about an incident, and changes in the climatic conditions. This has created the need for advanced products and services to prevent any loss of lives and assets as the traditional solutions are unable to prevent the loss caused due to such events. To meet the need of various verticals, companies are providing technologically-advanced solutions which are cost-effective and are efficient in taking a prompt decision during an emergency. This has given a huge boost to the Incident and Emergency Management Market, globally.
As the market is growing, there are some restraints, such as the lack of education and training among people, which is creating a hindrance in the usage of new and upgraded products and technologies during the time of an emergency. The under-developing countries have not completely adopted these advanced solutions and are still using the traditional equipment during emergencies. Though, there are many new products and services launched, the end-users are still not educated and trained enough to be able to use them, and therefore, fail to completely prevent the loss from taking place.
This report covers all the major sub-segments of this market, and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) for the aforementioned segments. This comprehensive coverage of the Incident and Emergency Management Market provides important inputs, such as drivers, restraints, and opportunities in this market; it also profiles the major players in this market, and maps the competitive landscape, while providing an overall perspective on the Incident and Emergency Management Market in various verticals and regions.
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The segmentation is further classified as mentioned below:
By Types of System & Platforms
- Web-Based Emergency Management Software
- Geospatial Technologies
- Emergency/Mass Notification Services
- Surveillance Systems
- CBRNE/Hazmat Technologies
- Backup and Disaster Recovery Solutions
- Tsunami and Earthquake Warning Systems
- Traffic Incident Management Systems
- Remote Weather Monitoring Systems
- Inventory SYSTEMS/DATABASE MANAGEMENT SYSTEMS
By Types of Communication Technologies
- First Responders
- Satellite Phones
- Vehicle-Ready Gateways
- Emergency Response Radars
By Types of Simulation Tools
- Traffic Simulation Systems
- Hazard Propagation Tools
- Incident and Evacuation Simulation Tools
By Types of Professional Services
- Consulting
- EOC Design and Integration
- Training and Simulation
- Public Information Services
By Types of Verticals
- BFSI
- Energy and Utilities
- Manufacturing Sector
- Hospitals
- Government and Defence
- Aviation
- Hospitality
- Transportation and Logistics
- Telecom and IT
- Others
By Types of Regions
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
MarketsandMarkets forecasts the Incident and Emergency Management Market to grow from USD 80.10 Billion in 2015 to USD 101.33 Billion in 2020, at a 4.8% during the forecast period from 2015 to 2020.
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