Press release
Emergency And Other Relief Services Market Report 2024: Strategies And Recent Developments
Emergency And Other Relief Services Market Segments
The Business Research Company offers in-depth market insights through Emergency And Other Relief Services Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The emergency and other relief services market size has grown strongly in recent years. It will grow from $27.16 billion in 2023 to $29.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to natural disasters, conflict and refugee crises, emergency response coordination, disease outbreaks.
The emergency and other relief services market size is expected to see strong growth in the next few years. It will grow to $40.12 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to technological innovations, government partnerships, nutrition and food security, water and sanitation services. Major trends in the forecast period include digital humanitarianism, healthcare in emergencies, refugee and idp assistance, technology for disaster response.
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Market Segmentation:
The main types of emergency and other relief services are food, shelter, medical assistance, and others. Medical assistance provides emergency healthcare services. The various categories of services include short-term assistance, deferred assistance, and long-term assistance. The different categories include short-term assistance, deferred assistance, and long-term assistance and involve various professional services such as consulting services, emergency operation services, training and simulation services, and public information services.
Major Driver - Impact Of Increasing Support From Large Corporations And Organizations
The increasing support from large corporations and organizations in the form of funds, grants, or programs is expected to drive the growth of the global emergency and other relief services market. Corporations and organizations are making efforts to meet the requirements of people affected by different disasters across the globe. For instance, the American Red Cross Organization has responded to a string of crises across the country, serving over 718,100 nourishing meals and snacks with its partners and providing more than 306,500 overnight shelters and hotel stays in coordination, with its partners, for those displaced by disasters. Therefore, the growing support from various individuals and corporations fuels the emergency and other relief services market.
Competitive Landscape:
Major companies operating in the emergency and other relief services market include International Federation of Red Cross and Red Crescent Societies, International Disaster Emergency Service, The Salvation Army, The American National Red Cross, Doctors Without Borders, Samaritan's Purse, World Vision International, United Nations International Children's Emergency Fund, Oxfam International, The Save the Children Fund, Credit Analysis & Research Ltd., Mercy Corp., Action Against Hunger, International Medical Corp., Handicap International, ShelterBox, Team Rubicon, All Hands and Hearts, Heart to Heart International, Americares, Direct Relief International, Catholic Relief Services, Islamic Relief USA, Lutheran World Relief, Operation Blessing International, World Relief, Adventist Development and Relief Agency International, Food for the Hungry, ChildFund International, Relief International
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Top Trend - Adoption Of Technology To Enhance The Efficiency And Effectiveness Of Relief Services.
Organizations in the emergency and other relief services market are integrating technology in their services for faster response and better reachability. For instance, the American Red Cross of Alaska has used the RC view and RC Collect applications that help streamline some of its procedures. The use of RC View to help dispatch Disaster Action Teams (DAT) to emergencies and RC Collect for collecting information during damage assessments of homes and property after the disasters have significantly reduced response times and streamlined data collection.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Emergency And Other Relief Services Market Characteristics
3. Emergency And Other Relief Services Market Trends And Strategies
4. Emergency And Other Relief Services Market - Macro Economic Scenario
5. Emergency And Other Relief Services Market Size And Growth
…..
27. Emergency And Other Relief Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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