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Rising Global Threats Catalysts For The Surging Incident And Emergency Management Market: A Significant Driver Propelling The Incident And Emergency Management Market In 2025
The Incident And Emergency Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Incident And Emergency Management Market Size and Projected Growth Rate?
In recent years, there has been a swift expansion in the market size of incident and emergency management. It is projected to rise from $181.96 billion in 2024 to $210.02 billion in 2025, signifying a compound annual growth rate (CAGR) of 15.4%. This growth trajectory during the historic period is a result of insights gleaned from previous incidents, susceptibilities in infrastructure, a transition towards integrated systems, population increase and urban development, as well as the menace of cybersecurity breaches.
In the coming years, the market size for incident and emergency management is anticipated to witness extensive growth. The market is projected to appreciate to $396.67 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 17.2%. The surge is likely due to a variety of factors including the application of real-time data analytics, incorporation of GIS and mapping, effects of climate change, readiness for worldwide health crises, and management of cybersecurity threats. Trends to watch in the forecast period comprise integrated command and control systems, utilization of artificial intelligence (AI) and predictive analytics, mobile and remote access solutions, an approach focused on the community, as well as resilience and risk evaluation via cloud-based platforms.
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What Are the Major Segments in the Incident And Emergency Management Market?
The incident and emergency management market covered in this report is segmented -
1) By Component: Solution, Services, Communication System
2) By Simulation: Traffic Simulation Systems, Hazard Propagation Simulation Tools, Incident And Evacuation Simulation Tools
3) By System: Web-Based Emergency Management System, Emergency Or Mass Notification System, Traffic Management System, Safety Management System, Disaster Recovery And Backup Systems, Other Systems
4) By Vertical: Commercial And Industrial, IT And Telecom, Energy And Utilities, Healthcare And Life Sciences, Defense And Military, Transportation And Logistics, Government And Public Sector, Other Verticals
Subsegments:
1) By Solution: Software Solutions, Hardware Solutions
2) By Services: Consulting Services, Training And Education Services, Managed Services
3) By Communication System: Public Alert Systems, Emergency Notification Systems, Command And Control Systems
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What Are The Driving Incident And Emergency Management Market Evolution?
The escalation in criminal actions and terrorist assaults is a significant motive behind the progression of the incident and emergency management market. Criminal behaviors are any actions that are against any federal, state, or county criminal laws, irrespective of an arrest having been made or not achieving the standard of evidence necessary for criminal conviction. Terrorism includes a variety of multifaceted threats, such as structured terrorism in conflict areas, foreign terrorist fighters, radicalized solitaries, and assaults utilizing chemical, biological, radiological, nuclear, and explosive materials. Terrorism concentration is growing, primarily affecting countries that are already undergoing violent strife. For example, in 2023, the Vision of Humanity, a non-governmental organization based in Australia, reported that 76% of deaths linked to terrorism in Western democracies occurred in the US, coinciding with a 15-year low in incident occurrence rates. Moreover, in 2022, the Islamic State (IS) and its affiliates kept the title of deadliest terrorist group eights years running, staging attacks in 21 countries. The surge in these incidents is linked to the continual transformation of ransomware strategies and the focus on sectors of high value, like healthcare and construction. Hence, the growing frequency of criminal offenses and terrorist assaults will persist in fueling the incident and emergency management market's momentum.
Which Firms Dominate The Incident And Emergency Management Market Segments?
Major companies operating in the incident and emergency management market are Honeywell International Inc., The Lockheed Martin Corporation, Motorola Solutions Inc., Siemens AG, NEC Corporation, Collins Aerospace, IBM Corporation, Hexagon AB, Esri Inc., Alert Technologies, The Response Group, Everbridge Inc., Juvare, Haystax Technology, Veoci, RapidDeploy, Send Word Now, Blackboard Connect, Singlewire Software, Rave Mobile Safety, CodeRED, Regroup Mass Notification, CrisisGo, Agility Recovery, MissionMode, Everstream Analytics, RiskLogic Sydney, Witt O'Brien's, BOLDplanning
What Trends Are Expected to Dominate the Incident And Emergency Management Market in the Next 5 Years?
Advancements in technology are emerging as the primary trends in the field of incident and emergency management. The anticipated growth of this market is further bolstered by the unveiling of new technological advancements, paving the way for improved emergency management practices. The broad realm of artificial intelligence, a subfield of computer science, aims to engineer smart machines capable of tasks which traditionally necessinate human intellectual input. Artificial intelligence (AI) holds potential for generating, transmitting, and interpreting emergency-centric data for improved judgment during emergency scenarios. AI is competent in predicting, evaluating, and simulating situations under emergency management which accelerates response durations and streamlines resource allocation practices. For example, the city of Los Angeles (California, USA) in May 2022, entered into a contract to utilize the One Concern platform. The platform incorporates artificial intelligence for analytical disaster assessment and determining damage estimates. It awards each segment of a city an exclusive, authenticated 'digital fingerprint.' The platform models the entire system and monitors the impact of each disaster and climate change on a location.
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Which Is The Largest Region In The Incident And Emergency Management Market?
North America was the largest region in the incident and emergency management market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the incident and emergency management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Incident And Emergency Management Market?
2. What is the CAGR expected in the Incident And Emergency Management Market?
3. What Are the Key Innovations Transforming the Incident And Emergency Management Industry?
4. Which Region Is Leading the Incident And Emergency Management Market?
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