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Disaster Preparedness Systems Market worth $300.20 billion by 2030, growing at a CAGR of 8.19% - Exclusive Report by 360iResearch
Disaster Preparedness Systems Market | 360iResearch
The Global Disaster Preparedness Systems Market to grow from USD 172.94 billion in 2023 to USD 300.20 billion by 2030, at a CAGR of 8.19%.
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Disaster preparedness systems refer to the set of protocols, tools, resources, and procedures developed and implemented to anticipate, plan for, and ultimately provide a structured response to disasters and emergencies. The principal aim of these systems is to minimize the adverse effects of disasters through advanced readiness. The market for disaster preparedness systems encompasses a variety of products, services, and solutions aimed at preparing individuals, communities, businesses, and governmental entities to effectively respond to and recover from various emergencies, including natural disasters, technological incidents, and other disruptive events. These systems range from early warning mechanisms, communication tools, and emergency kits to training programs and consulting services related to disaster management and response planning. Disaster preparedness systems find application across various sectors, such as residential, commercial, industrial, and public services. Factors influencing the need for the disaster preparedness systems market include the increasing frequency and severity of natural calamities, heightened awareness of risks, technological advancements in early warning and communication systems, governmental regulations and initiatives promoting disaster readiness, and global interconnectedness necessitating robust disaster management strategies. However, the market faces certain challenges, such as high costs associated with the deployment and maintenance of disaster preparedness systems and false alarm rate issues with disaster preparedness systems, hindering market adoption. On the other hand, rising technological advancements in early warning and communication systems and the growing need for rapid rise in the demand for disaster preparedness systems for smart city projects support the expansion of disaster preparedness systems.
The Americas, particularly the United States, sees a variety of natural disasters, including hurricanes, wildfires, and earthquakes, leading to diversified demand for preparedness systems. There is significant spending on disaster preparedness in the U.S., with a focus on modernizing infrastructure and investing in smart technologies. Recent patents show progress in areas such as real-time monitoring and predictive analytics. Climate change has become a central concern in Canada, leading to investment in disaster response strategies for extreme weather events. In contrast, South American countries such as Brazil, Argentina, Peru, Chile, and Colombia often operate under more constrained resources while facing similar natural calamities. Opportunities in these regions include developing localized, cost-effective disaster response solutions that can handle diverse geographic and climatic conditions. In European countries, including Germany, France, and Finland, cross-national cooperation, such as the EU Civil Protection Mechanism, is strongly emphasized in disaster management. Germany has a robust disaster management system structured around the Federal Office of Civil Protection and Disaster Assistance (BBK). Technology adoption and interoperability between various disaster management entities are high on the agenda. The UK has been enhancing its disaster preparedness through government initiatives and private-sector innovation. The Civil Contingencies Act provides the regulatory backbone, stipulating the responsibilities of public agencies in emergencies. In the Middle East, water starvation and extreme temperatures drive the need for innovative solutions, which has resulted in research into drought-resistant agricultural systems and water resource management. In Africa, the focus is on developing basic infrastructure that can withstand extreme weather, with international aid playing a significant role in investment and initiatives. The Asia-Pacific region is highly diverse, encompassing high-risk areas susceptible to typhoons, earthquakes, and tsunamis. Significant investments in infrastructure and developing technologies that can predict earthquakes have been priorities for China. Japan has a robust disaster preparedness infrastructure, advanced warning systems, and strong public education. The demand for seismic reinforcement of buildings is high due to frequent earthquakes. In India, rising awareness and increased government initiatives such as the National Disaster Management Plan reflect the growing market for disaster management systems.
Market Segmentation & Coverage:
This research report categorizes the Disaster Preparedness Systems Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Services, Software, and System. The Services is further studied across Consulting Services, Design & Integration Services, Support & Maintenance Services, and Training & Education Services. The System is further studied across Disaster Recovery & Backup System, Earthquake/Seismic Warning System, Emergency/Mass Notification System, Safety Management System, and Surveillance System. The System commanded largest market share of 51.37% in 2023, followed by Services.
Based on End-use, market is studied across Aerospace & Defense, BFSI, Energy & Utilities, Healthcare, IT & Telecom, Manufacturing, Public Sector, and Transportation & Logistics. The Public Sector commanded largest market share of 20.92% in 2023, followed by Transportation & Logistics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.60% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Disaster Preparedness Systems Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Disaster Preparedness Systems Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Disaster Preparedness Systems Market, highlighting leading vendors and their innovative profiles. These include 11:11 Systems Inc., 3M Company, Alert Technologies Corporation, Alertus Technologies LLC, Amazon Web Services, Inc., Atos SE, BlackBerry Limited, Broadcom Inc., CHR Solutions, Druva Inc., Eaton Corporation PLC, ESRI, Everbridge, Inc, GeoSIG Ltd., Google LLC by Alphabet Inc., Hagerty Consulting Inc., Haystax Technology by Fishtech LLC, Hewlett Packard Enterprise Company, Hexagon AB, Honeywell International Inc., ICF International, Inc., International Business Machines Corporation, Japan Radio Co., Ltd. by Nisshinbo Holdings Inc., Johnson Controls International PLC, Juvare, LLC, Kenyon International Emergency Services, Lockheed Martin Corporation, Microsoft Corporation, Motorola Solutions, Inc., NEC Corporation, OnSolve, Open Text Corporation, Oracle Corporation, Resolver Inc. by Kroll, LLC, Rolta India Limited, RTX Corporation, Samsung Electronics Co., Ltd., SeismicAI Ltd., Siemens AG, Singlewire Software, LLC, Telegrafia, a.s., TRUSTIA Corporation, and Veoci Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Disaster Preparedness Systems Market, by Component
7. Disaster Preparedness Systems Market, by End-use
8. Americas Disaster Preparedness Systems Market
9. Asia-Pacific Disaster Preparedness Systems Market
10. Europe, Middle East & Africa Disaster Preparedness Systems Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Disaster Preparedness Systems Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Disaster Preparedness Systems Market?
3. What is the competitive strategic window for opportunities in the Disaster Preparedness Systems Market?
4. What are the technology trends and regulatory frameworks in the Disaster Preparedness Systems Market?
5. What is the market share of the leading vendors in the Disaster Preparedness Systems Market?
6. What modes and strategic moves are considered suitable for entering the Disaster Preparedness Systems Market?
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