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Crisis and Emergency Management Market to 2025 (CAGR of 24.2% Recorded) Key players analyzed Siemens AG, Esri, Honeywell International, IBM, Intergraph, Intermedix, Lockheed Martin, Motorola Solutions, NEC Corporation, Rockwell Collins
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Increase in economic loss due to natural calamities, a 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 incident and emergency management market is consolidated with the presence of key vendors constituting large market share. Europe and North America are the prime consumers of these systems. However, Asia-Pacific is expected to experience robust growth in the near future, owing to rise in government regulatory policies and initiatives for public safety in the emerging markets such as India and China.
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Some of the key players profiled in the incident and emergency management market report include Esri Inc., Honeywell International Inc., IBM Corporation, Intergraph Corporation, Intermedix Corporation, Lockheed Martin Corporation, Motorola Solutions, Inc., NEC Corporation, Rockwell Collins, and Siemens AG. These players have adopted various strategies to enhance their product portfolio and to increase their incident and emergency management market penetration. For instance, in October 2017, Motorola Solutions collaborated with Safariland Group to develop an innovative product, which delivers an alert signal to an agency command center on receiving firearm from Safariland 7TS.
Incident and Emergency Management Market Key Segments:
By System Type
• Mass Notification System
• Surveillance System
• Traffic Management System
• Safety Management System
• Earthquake / Seismic Warning System
• Disaster Recovery & Backup System
• Others
By Communication Technology
• First Responder Tools
• Satellite Phones
• Emergency Response Radars
• Vehicle-ready Gateways
• Others
By Service
• Training & Education Services
• Consulting Services
• Design & Integration Services
• Support & Maintenance Services
By Solution
• Geospatial Solutions
• Disaster Recovery Solutions
• Situational Awareness Solutions
By Industry Vertical
• BFSI
• Public Sector
• Healthcare
• IT & Telecom
• Energy & Utilities
• Manufacturing
• Aerospace & Defense
• Transportation & Logistics
• Others
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
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Key Players of Incident and Emergency Management Market
• Esri Inc.
• Honeywell International Inc.
• IBM Corporation
• Intergraph Corporation
• Intermedix Corporation
• Lockheed Martin Corporation
• Motorola Solutions, Inc.
• NEC Corporation
• Rockwell Collins
• Siemens AG
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