Crisis Emergency and Incident Management Platforms Market Research 2021-2027

Crisis management is the process by which an organization manages a disruptive and unexpected event that poses a threat to the organization or its stakeholders. Crisis emergency and incident management platform is a novel concept that functions as a security measure against potential disruption. Crisis emergency and incident management platforms find applications in numerous end-use verticals such as banking, finance service, and insurance (BFSI), energy and utility, aviation, healthcare, and life science, government and defense, hospitality, transportation, and logistics, telecom and IT, etc.
Rising level of threats related to potential terror attacks, shootings, and biological hazards in the U.S. has led to rising implementation of such emergency management platforms. According to the Federal Bureau of Investigation (FBI), the number of cyber events against the U.S. government increased by 680% and active shooter events increased 3X over the period 2006–2011.

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Who are the key players operating in the global Crisis Emergency and Incident Management Platforms market?
Key players operating in the global Crisis Emergency and Incident Management Platforms market are Honeywell International Inc., Intergraph Corporation, Lockheed Martin Corporation, Environmental System Research Institute, Inc., Motorola Solution Inc., Guardly, Rockwell Collins, Inc., Iridium Communication Inc., and Siemens AG

What is the primary factor contributing towards the growth of global Crisis Emergency and Incident Management Platforms market?
Increasing threat levels related to terrorism expected to drive growth of the global Crisis Emergency and Incident Management Platforms market during the forecast period.

Which sub-segment among Application held the largest market share in the global Crisis Emergency and Incident Management Platforms market?
BFSI sub-segment holds the largest market share among Vertical segment contributing 21.4% market share in terms of value in 2019.

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