Incident and Emergency Management Market Overview and Analysis of Dominating Players Esri Inc., Honeywell, IBM Corporation, Intergraph Corporation, Intermedix Corporation

The global incident and emergency management market was valued at $75,464 million in 2017 and is projected to reach $423,323 million by 2025, growing at a CAGR of 24.2% from 2018 to 2025. In 2017, the surveillance system segment accounted for the highest revenue in the market.

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Increase in economic loss due to natural calamities, the rise in terrorism, and the implementation of government regulations & initiatives towards public safety act as the major drivers of the global incident and emergency management market. However, high installation and maintenance costs hamper the growth of the market. Based on system type, the surveillance system segment dominated the global incident and emergency management market in 2017 and is expected to continue this trend during the forecast period, owing to increase in adoption of security devices for incident reporting.

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The global incident and emergency management market was led by the energy & utility segment in 2017 and is projected to maintain its dominance during the forecast period. However, the healthcare segment is expected to witness the highest growth, owing to an increase in adoption of incident and emergency management systems for patient safety.

Analysis of Leading Market Players:

•Esri Inc.
•Honeywell International Inc.
•IBM Corporation
•Intergraph Corporation
•Intermedix Corporation
•Lockheed Martin Corporation
•Motorola Solutions, Inc.
•NEC Corporation
•Rockwell Collins
•Siemens AG

In 2017, the global incident and emergency management market was dominated by the situational awareness segment and is expected to maintain this trend during the forecast period. Owing to a rise in demand for situational awareness platforms to address emergency situations in security, safety, and operations practices.

Incident and Emergency Management Market: https://www.alliedmarketresearch.com/press-release/incident-and-emergency-management-market.html?utm_source=OPR

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