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Global Emergency Management Market in Asia Pacific Region is anticipated to have the highest growth over the next eight years, owing to increase in demand for risk mitigation during natural disasters such as earthquakes, tsunamis and floods: says Absolute

03-07-2019 01:08 PM CET | IT, New Media & Software

Press release from: Absolute Markets Insights

/ PR Agency: Absolute Markets Insights
Global Emergency Management Market in Asia Pacific Region

Asia Pacific region is the most disaster prone zone in the world, and at least one country in this region is affected by one or the other natural disaster leading to loss of life in mass number as well as huge monetary loss. The UN Economic and Social Commission for Asia and the Pacific (ESCAP) reported that the economic losses in Asia Pacific could exceed US$ 160 billion annually by 2030.Thus there is urgency of adapting a resilient emergency management program which will positively impact the emergency management market. The main cause for the disaster in Asia Pacific region is mainly due to the massive population growth, forcing them to move to coastal areas and marginal lands.

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The impact of disaster in low and middle income countries was 15 times more compared to high-income countries mainly because these countries have less capacity to prepare or respond promptly to such events. Thus, effective and immediate actions are required in these areas for early warning systems, thus aiding the growth of global emergency management market. The Office for the Coordination of Humanitarian Affairs (OCHA) is providing support to regional offices and government to roll out the emergency response preparedness with a wide range of technical expertise. The support will be provided for emergency response coordination, humanitarian reporting, funding mobilization, civil-military coordination, community communication, public information management and coordination.

The Asia Pacific emergency management market is expected to grow at a CAGR of 6.7% over the forecast period. Indian government is taking necessary measures for improving preparedness and response systems for natural disasters thorough, National disaster management authority. For instance, National Earthquake Risk Mitigation Project created awareness amongst the key stakeholders wherein they adopted model building bye-laws and earthquake resistant construction and planning standards. Other ongoing projects on similar lines are seismic Vulnerability Assessment of Buildings Types in India, preparation of upgraded earthquake hazards maps, research on soil piping in the highlands and foothills of Kerala to avoid disaster and early warning system for flash flood in the Meenachil & Manimala in Kerala amongst others.

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“How can we make Asia Pacific more disaster resilient? Growing rates of Tsunami waves in Japan along with the increasing ratio of displaced people in Philippines due to cyclone calls for accessible data that can reduce the disaster in these areas. In 2015, UNDP partnered with Japan’s Tohoku University and Fujitsu to create a Global Centre for Disaster Statistics. Also, UNDP is currently working to answer doubts about climate risk-related displacement in the Philippines and Indonesia, with the help of Stockholm Environment Institute and the Internal Displacement Monitoring Centre. Combining all the data from these countries will enable them to reduce potential future displacement in the region, thus assisting the demand of emergency management market. The current database is extracted from seven pilot countries which consists of Indonesia, Philippines, Sri Lanka, Myanmar, Nepal, Maldives and Cambodia. By the year 2020, UNDP plans to expand the database to 20 countries prevailing in Asia Pacific region. Thus, steps taken by governmental bodies and creating library of the incidents will technically help the agencies to plan in a better manner.“
The detailed research study provides qualitative and quantitative analysis of the global emergency management market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue as well as sales volume across regions and further, across all the major countries. The supply side analysis covers regional production volume and capacity analysis. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

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Some of the major players operating in the global emergency management market are A Fishtech Group, LLC Company., Alert Technologies Corporation., Alertus Technologies, LLC., Blackhawk Emergency Management Group., Booz Allen Hamilton Inc., Eccentex., EMSystems, LLC, Esri Inc., Everbridge., GP Strategies Corporation., Honeywell International Inc., IBM, IEM, Inc., Intergraph Corporation Part of Hexagon Group, Lockheed Martin Corporation., MARSH LLC., Mission, Mode Incident Management Systems, Motorola Solutions, Inc., NEC Corporation, Resolver Inc., Rockwell Collins, SRDC, Tetra Tech, Inc., The Response Group, Veoci / Grey Wall Software, LLC. among others.

By Systems
o Emergency/Mass Notification System
o Surveillance System
o Traffic Management System
o Safety Management System
o Disaster Recovery & Backup System
o Others

By Communication Technology
o First Responder Tools
o Satellite Phones
o Emergency Response Radars
o Vehicle-ready Gateways
o Others

By Service
o Training & Education Services
o Consulting Services
o Design & Integration Services
o Support & Maintenance Services

By Solution
o Geospatial Solutions
o Disaster Recovery Solutions
o Situational Awareness Solutions

By Vertical
o BFSI
o Public Sector
o Healthcare
o IT & Telecom
o Energy & Utilities
o Manufacturing
o Aerospace & Defense
o Transportation & Logistics
o Others

By Geography
o North America
o U.S.
o Canada
o Mexico
o Rest of North America
o Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
 Norway
 Sweden
 Finland
 Denmark
o Benelux Union
 Belgium
 Luxembourg
 The Netherlands
o Rest of Europe
o Asia Pacific
o China
o Japan
o India
o Southeast Asia
 Singapore
 Malaysia
 Indonesia
 Thailand
 Rest of Southeast Asia
o Australia
o South Korea
o New Zealand
o Rest of Asia Pacific
o Middle East and Africa
o Saudi Arabia
o Kuwait
o Egypt
o UAE
o Southern Africa
o Rest of Middle East and Africa
o Latin America
o Brazil
o Argentina
o Rest of Latin America

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About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

Contact Us:

Company: Absolute Markets Insights
Email id: sales@absolutemarketsinsights.com
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,
Model Colony, Shivajinagar, Pune, MH, 411016
Website: https://www.absolutemarketsinsights.com/

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