Incident and Emergency Management Market by 2025: Global Industry Overview and Projection

Novel inventions in radar technology namely, Plextek's micro radar system and NASA's FINDER are expected to create lucrative opportunities for the players in the global incident and emergency management market.

A new report published by Allied Market Research, according to the report, the global incident and emergency management market was valued at $75.46 billion in 2017 and is expected to reach $423.32 billion, registering a CAGR of 24.2% from 2018 to 2025. The studies the current market trends as well as growth prospects in the global market for the next seven years. Moreover, it includes market drivers, restraints, challenges, opportunities, and marketing strategies adopted by leading market companies across the globe.

Request Sample Report: https://www.alliedmarketresearch.com/request-sample/936

Increase in the number of natural calamities and frequent acts of terrorism are the key factors driving the growth of the global incident and emergency management market. Moreover, stringent government regulations toward public safety have supplemented the market growth. However, high costs of installation and maintenance detriment the market growth. On the contrary, increase in adoption of advanced security devices is expected to create lucrative opportunities for the market players in the near future.

Torchbearers of the industry

The report discusses the major players of the global incident and emergency management market, including Esri Inc., IBM Corporation, Intermedix Corporation, Motorola Solutions, Inc., Rockwell Collins and Siemens AG, Honeywell International Inc., Intergraph Corporation, Lockheed Martin Corporation, NEC Corporation. These key market players have adopted various strategies such as product launch, joint ventures, partnerships, collaborations, and mergers & acquisition to maintain their position in the market.

The report bifurcates emergency management systems based on type into mass notification system, surveillance system, traffic management system, safety management system, earthquake warning system, disaster recovery & backup system, and others. In 2017, the surveillance system segment garnered the highest revenue of $20.04 billion, contributing about 26% of the total market share. However, disaster recovery and backup system segment is expected to grow at the fastest CAGR of 26.9% through 2025.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/936

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.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.