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Incident and Emergency Management Market Overview and Projection to 2025: Prominent Players Honeywell International Inc., IBM Corporation, Intergraph Corporation, Intermedix Corporation

11-16-2018 06:13 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Incident and Emergency Management Market Overview

The global incident and emergency management market was valued at $75,464 million in 2017, and is projected to reach at $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. Furthermore, the disaster recovery & backup system segment is expected to grow at the highest CAGR during the forecast period, due to the surge in demand for recovery for critical data in business and other organizations.

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.

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 rise in demand for situational awareness platforms to address emergency situations in security, safety, and operations practices.

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This report provides a comprehensive analysis of

-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2025

Increased market for smart cities is expected to drive the adoption of intelligent evacuation systems and surveillance systems thereby fueling the demand for incident and emergency management market growth. Also, emergency response radars segment is expected to grow at the highest CAGR during the forecast period, due to an upsurge in adoption, as they offer numerous benefits such as wider geographical coverage, cost-effectiveness, and repetitive coverage even in extreme weather conditions.

Questions answered in Incident and Emergency Management Market Research study:

-What is the market growth rate of Incident and Emergency Management Market from 2018-2025?

-What will be the global Incident and Emergency Management Market size of the market from 2018 to 2025?

-Who are the leading Players in the Incident and Emergency Management Market, Globally?

-What are the major current trends and predicted trends?

-What are the challenges faced in the Incident and Emergency Management Market?

-Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?

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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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