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Emergency And Other Relief Services Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | International Federation of Red Cross and Red Crescent Societies, International Disaster Emergency Service
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Emergency And Other Relief Services Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $40.12 billion In 2028 At A CAGR Of 8.0% :
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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Emergency And Other Relief Services Market Major Segments
The emergency and other relief services market covered in this report is segmented -
1) By Service Type: Food, Shelter, Medical Assitance, Other Services
2) By Category: Short-term Assistance, Deferred Assistance, Long-term Assistance
3) By Professional Services: Consulting Services, Emergency Operation Services, Training And Simulation Services, Public Information Services
Key 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.
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Prominent 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.
Emergency And Other Relief Services Market Players
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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Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the emergency and other relief services market in 2023. Asia-Pacific was the second-largest region in the emergency and other relief services market. The regions covered in the emergency and other relief services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Emergency And Other Relief Services Market Report Structure
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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