Global incident and emergency management market was valued at $75million in 2017, and is projected to reach $424 approx. million by 2025, registering a CAGR of +25% from 2019 to 2025 with major key players A Fishtech Group, LLC Company., Alert Technologie

The global incident and emergency management market is influenced by a number of factors such as rise in economic loss due to natural disasters, upsurge in terrorist attacks, and implementation of government mandates to mitigate such emergencies. In addition, higher installation & maintenance cost and use of advanced technology by terrorist groups for attacks are anticipated to propel the demand for incident and emergency management solutions. Moreover, increase in market for smart cities drives the adoption of intelligent surveillance and evacuation systems, which acts as a significant impacting factor of the market. However, each factor is anticipated to have its definite impact on the market growth.

Some of the major players operating in the Global incident and 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.

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Increasing demand for incident and emergency management, owing to increasing threat levels in terms of terrorism and infrastructure risk management are key factors driving the growth of the market. In addition, increased government spending globally on incident and emergency management solutions for security against threats such as cyber and terror is anticipated to propel growth of the target market over the forecast period. Furthermore, deployment of incident and emergency management systems, by organisations as a precautionary measure have increased. Such deployments are expected to boost growth of incident and emergency management market. Moreover, increasing number of smart city initiatives can be a potential opportunity for market players over the forecast period. While, enhanced simulation, social media and multi-jurisdictional training is the ongoing trends observed in the market.

However, lack of awareness about the management system may restrain market growth over the forecast period. North America market is expected to dominate the global incident and emergency management market in terms of revenue. The market in Asia Pacific is projected to register highest CAGR, owing to increase in government expenditure on emergency and disaster management systems.

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Global Incident and Emergency Management Market Segmentation:

Segmentation on the basis of system:
• Web-based emergency management system
• Emergency/mass notification system
• Surveillance system
• Traffic management system
• Inventory/database management system
• Safety management system
• Remote weather monitoring system
• Others (Tsunami warning system, Earthquake/seismic warning system, CBRNE/HAZMAT detection system)

Segmentation on the basis of solution:
• Geospatial solution
• Disaster recovery solution
• Situational awareness solution

Segmentation on the basis of service:
• Consulting
• Emergency Operation Center (EOC) design and integration
• Training
• Public information services

Segmentation on the basis of communication tool and device:
• First responder tools
• Satellite phones
• Vehicle-ready gateways

Segmentation on the basis of vertical:
• Banking, Financial Services, and Insurance (BFSI)
• Energy and utilities
• Manufacturing
• Healthcare and life sciences
• Government and defense
• Aviation
• Hospitality
• Transportation and logistics
• IT and telecom
• Others (museums, sports stadiums, and residential complexes

Segmentation on the basis of region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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