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Incident and Emergency Management Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Incident

The “Incident and Emergency Management Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Incident and Emergency Management Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Incident and Emergency Management market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Incident and Emergency Management Market Are:

  • Hexagon AB
  • NEC Corporation
  • Honeywell International Inc.
  • Alert Technologies Corporation
  • The Response Group
  • Veoci (Grey Wall Software LLC)
  • Eccentex Corporation
  • Haystax Technology
  • MissionMode Solutions Inc
  • Resolver Inc.
  • NC4 Inc.
  • MetricStream Inc.
  • IBM Corporation

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    Market Overview:

  • The Incident and Emergency Management Market was valued at USD 92.17 billion in 2018 and is expected to reach USD 130 billion by 2024, with a CAGR of 6.03% during the forecast period (2019-2024). Emergency situations are highly unpredictable; it takes intense planning, time, and human resources to recover from crisis situations.
  • In such a scenario, Emergency response systems are a vital component in speeding up the recovery process. Governments are increasingly trying to develop intelligent mitigation plans to minimize the response time and damage caused by both natural and man-made disasters.
  • Climate change is leading to increased frequency and severity of extreme weather events across regions. Centre for Research on the Epidemiology of Disasters reported that the amount of flood and storm catastrophes have risen by 7.4 % annually, in recent times.
  • Among end-users, a few, like educational institutions and hospitality firms, have a lower level of awareness and deployment of such software solutions and are mostly into recovery post-incident. Such low adoption rates are likely to affect the market revenues over and during the forecast period.

    Scope of the Report:

  • Incident and emergency management refer to a standardized approach, which prevents & manage incidents or humanitarian emergencies that have severe outcomes. It is involved in the integration and deployment of emergency systems and solutions at all government and nongovernment platforms.

    Incident and Emergency Management Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Incident and Emergency Management market?
    • What are the key market trends impacting the growth of the global Incident and Emergency Management market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Incident and Emergency Management market?
    • What are the market opportunities and threats faced by the vendors in the global Incident and Emergency Management market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Incident and Emergency Management market?

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    Key Market Trends:

    Increase in Natural Disasters

    As natural disasters increase in frequency and severity, their recovery costs are also significantly increasing year-by-year. Moreover, according to the National Oceanic and Atmospheric Administration (NOAA), in 2017, the United States had the costliest year ever, when it comes to natural disasters.
    The country experienced 16 different events, that resulted in more than a billion dollars in damage each, with a total price tag of USD 306.2 billion. Thus, it is vital that organizations work to save lives, protect property, and build communities back stronger after disaster strikes.
    In disaster recovery solutions, it is of paramount importance to have a fast, reliable, and secure form of communication. Communication requirements in a disaster recovery can benefit from the flexibility, versatility, and quick deployment of satellite networks, enabling responders to coordinate first response activities and command, control and communicate urgent information, quickly and efficiently.

    Asia-Pacific is the Fastest Growing Region

    Asia-Pacific is the fastest growing region, due to the growing disaster management, terrorist and cyber attacks in the region. With enhanced geographical zones and a high client base, the region is expected to exhibit strong growth in the studied market.
    The region is the world’s most disaster-prone region, so disaster management is a significant priority. Over the years, most countries in the region have established national disaster management authorities and systems that are increasingly adopting the latest technologies and solutions.
    Also due to an increase in the government expenditure on emergency and disaster management systems to safeguard people from disasters, the region has been witnessing a rise in the studied market software.
    In April 2018, the Emergency Operations (EMO) unit at WHE/SEARO organized the WHO South-East Asia Regional and Country Offices Emergency Readiness training in India.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Incident and Emergency Management Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Incident and Emergency Management.

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    Report Objectives:

    • Analyzing the size of the Incident and Emergency Management market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Incident and Emergency Management market.
    • Determining the key dynamics of the Incident and Emergency Management market.
    • Highlighting significant trends of the Incident and Emergency Management market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Incident and Emergency Management market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Incident and Emergency Management market.

    Detailed TOC of Incident and Emergency Management Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Frequency of Natural Disasters
    4.3.2 Stringent Government Regulations
    4.4 Market Restraints
    4.4.1 Low Awareness Levels and Disconnection between the Disaster Risk Reduction Policy and the Emergency Management in Practice
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness Porters Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By System
    5.1.1 Web-based Emergency Management System
    5.1.2 Emergency/Mass Notification System
    5.1.3 Traffic Management System
    5.1.4 Safety Management System
    5.1.5 Disaster Recovery and Backup Systems
    5.1.6 Other Systems
    5.2 By Solution
    5.2.1 Geospatial Solution
    5.2.2 Disaster Recovery Solution
    5.2.3 Situational Awareness Solution
    5.3 By Service
    5.3.1 Professional Service
    5.3.2 Managed Service
    5.4 By End User
    5.4.1 Government
    5.4.2 BFSI
    5.4.3 Transportation and Logistics
    5.4.4 Healthcare
    5.4.5 Manufacturing
    5.4.6 IT and Telecom
    5.4.7 Other End Users
    5.5 Geography
    5.5.1 North America
    5.5.2 Europe
    5.5.3 Asia Pacific
    5.5.4 Latin America
    5.5.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Hexagon AB
    6.1.2 NEC Corporation
    6.1.3 Honeywell International Inc.
    6.1.4 Alert Technologies Corporation
    6.1.5 The Response Group
    6.1.6 Veoci (Grey Wall Software LLC)
    6.1.7 Eccentex Corporation
    6.1.8 Haystax Technology
    6.1.9 MissionMode Solutions Inc
    6.1.10 Resolver Inc.
    6.1.11 NC4 Inc.
    6.1.12 MetricStream Inc.
    6.1.13 IBM Corporation

    7 MARKET INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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