Press release
Strategic Forecast for the Crisis Management Software Industry: Market Outlook 2025-2034
Crisis Management Software Market
Crisis Management Software Market Size Growth Forecast: What to Expect by 2025?
The market for crisis management software has seen robust growth in the past few years. Its size is projected to increase from $5.35 billion in 2024 to $5.73 billion in 2025, marking a 7.2% compound annual growth rate (CAGR). This historical expansion can be credited to a rise in global security worries, a growing complexity in the supply chain, heightened cyberattack threats, collaborations between public and private sectors, and an increased understanding of the need for crisis readiness.
How Will the Crisis Management Software Market Size Evolve and Grow by 2029?
The market for crisis management software is predicted to experience substantial expansion in the coming years, reaching an estimated value of $7.58 billion by 2029, with a compound annual growth rate (CAGR) of 7.3%. This anticipated growth within the stated period can be linked to the rampant proliferation of mobile devices, a higher emphasis placed on business continuity planning by organizations, increasingly complex organizational demands, along with government-driven initiatives for crisis readiness. Key trends expected within this forecast period include an increase in the creation and use of mobile applications, the incorporation of Internet of Things (IoT) devices, the use of blockchain for enhanced security, user-friendly interfaces, and predictive analytics.
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What Drivers Are Propelling the Growth of Crisis Management Software Market Forward?
The increased frequency of natural disasters is set to fuel the expansion of the crisis management software market. Natural disasters, marked by substantial damage, deaths, and substantial disruptions to daily life, are exacerbated by human activities such as deforestation, changes in land usage, and modification of natural ecosystems. The use of crisis management software supports swifter communication, streamlines emergency operations, and improves decision-making processes. This paves the way for more effective response strategies, ultimately lessening the blow to the affected areas. For example, the National Centers for Environmental Information (NCEI), a US governmental agency, reported in January 2024 that there were 28 verified weather and climate disaster incidents in the US, each with losses surpassing $1 billion. These incidents encompassed one drought, four floods, 19 severe storms, two tropical cyclones, one wildfire, and one winter storm. Additionally, the Fair Tech Institute, a non-profit organization based in Singapore, suggested in a March 2022 report that the annual frequency of natural disasters might escalate by 37% between 2025 and 2029. Consequently, the rising incidence of natural disasters is stimulating the growth of the crisis management software market.
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Which Emerging Trends Are Transforming the Crisis Management Software Market in 2025?
Leading firms in the crisis management software market are sharpening their competitive edge by focusing more on creating advanced solutions such as AI-powered incident assistants. This technology utilizes artificial intelligence algorithms and capabilities for effective management and response to diverse incidents or emergencies. For instance, in February 2024, Blameless, an American software firm, introduced a feature of an AI-powered Incident Assistant. This feature, an innovative tool within the Blameless platform, instantaneously clarifies the status of incidents by transforming thousands of communication lines into a succinct overview within a fraction of a second. It employs AI to produce easy, quick, and current incident summaries that transform how briefings to responders are presented and how non-technical stakeholders are kept in the loop. Blameless also takes care of privacy and compliance by safely storing all incident data within its clients' enterprise accounts.
What Are the Key Segments in the Crisis Management Software Market?
The crisis management software market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premise
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Application: Business Continuity, Risk Assessment And Analysis, Emergency Notification System, Training And Simulation, Family Reunification, Other Applications
5) By Vertical: Gov ernment And Defense, Healthcare, Information Technology (IT) And Telecommunication, Banking, Financial Services And Insurance (BFSI), Energy And Utility, Education, Other Verticals
Subsegments:
1) By Solutions: Incident Management Software, Risk Assessment Tools, Communication And Collaboration Platforms, Emergency Response Software, Business Continuity Planning Solutions, Crisis Communication Systems, Situation Awareness Tools
2) By Services: Consulting Services, Training And Education Services, Implementation And Integration Services, Support And Maintenance Services, Managed Services
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Who Are the Key Players Shaping the Crisis Management Software Market's Competitive Landscape?
Major companies operating in the crisis management software market are Lockheed Martin Corporation, International Business Machines Corporation, Honeywell International Inc., Motorola Solutions, Blackboard Inc., Everbridge Inc., AlertMedia, OnSolve, xMatters Inc., Resolver, ARCOS LLC, Agility Recovery, LogicGate, Eccentex Corporation, LiveSafe Inc., Juvare LLC, The Response Group Inc., CrisisGo Inc., RockDove Solutions, Crisis Management Solutions Inc., Regroup Mass Notification, Crisis Track, Bryghtpath LLC, RiskWatch International, Assurance Software, Rave Mobile Safety, Noggin, MissionMode Solutions Inc.
What Geographic Markets Are Powering Growth in the Crisis Management Software Market?
North America was the largest region in the crisis management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the crisis management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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