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Impact Of Increasing Support From Large Corporations And Organizations: Strategic Insights Driving Emergency And Other Relief Services Market Momentum in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Emergency And Other Relief Services Market Size By 2025?
There has been a significant increase in the market size of emergency and other relief services over the recent years. The market which was worth $25.38 billion in 2024, is predicted to grow to $27.71 billion in 2025, maintaining a compound annual growth rate (CAGR) of 9.2%. This growth during the historical time frame can be associated with incidents of natural disasters, conflict and refugee crises, coordination in emergency response, and disease outbreaks.
How Big Is the Emergency And Other Relief Services Market Size Expected to Grow by 2029?
In the coming years, the market size of emergency and other relief services is projected to experience considerable growth. It is expected to increase to a size of $38.51 billion by 2029, with a compound annual growth rate (CAGR) of 8.6%. This predicted growth for the forecast period can be linked to factors including technological advancements, collaborations with the government, food security, and nutrition, as well as water and sanitation services. Key trends expected during the forecast period encompass digital humanitarianism, emergency healthcare, assistance for refugees and internally displaced persons (idps), and the use of technology in disaster response.
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Which Key Market Drivers Powering Emergency And Other Relief Services Market Expansion and Growth?
Large businesses and organizations are adding momentum to the growth of the global emergency and other relief services market by bolstering it with funds, grants, or programs. These bodies are stepping up to help meet the needs of people grappling with various disasters worldwide. As part of their social responsibility, they are escalating their contributions to humanitarian efforts during crises through increased support for emergency and relief services in the form of funds, grants, and programs. For example, in September 2024, the Indian Government launched Operation Sadbhav. This humanitarian and disaster relief operation announced it was sending 53 tonnes of emergency flood relief aid, valued at US$ 1 million, to Myanmar in response to the destruction left by Typhoon Yagi. Therefore, the surge in support from different individuals and businesses acts as a catalyst for the emergency and other relief services market.
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Which Fast-Growing Trends Are Poised to Disrupt the Emergency And Other Relief Services Market?
Major players in the emergency and other relief services market are honing in on advanced technological innovation, specifically through the integration of artificial intelligence (AI) like the Climate Risk Intelligence System (CRIS), to provide trustworthy services to their clients. The CRIS, a cutting-edge system used in emergency management and other relief services, is designed to mitigate the damage and disruption inflicted by severe and increasingly devastating weather patterns. In a particular example from May 2022, AiDash, an American Software as a Service (SaaS) business, debuted the Climate Risk Intelligence System (CRIS). The CRIS, an AI-driven platform utilizing satellite images, real-time meteorological data and vegetation information, enhances preparedness for climatic disasters and global warming. The system is specifically crafted to recognize and plot the potential risk to all valuable assets from climate-related threats.
What Are the Emerging Segments in the Emergency And Other Relief Services Market?
The emergency and other relief services market covered in this report is segmented -
1) By Service Type: Food, Shelter, Medical Assistance, 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
Subsegments:
1) By Food: Emergency Food Distribution, Ready-To-Eat Meals, Food Aid And Packages, Nutritional Supplements
2) By Shelter: Temporary Shelters (Tents, Tarps), Emergency Housing, Camp Management, Transitional Housing
3) By Medical Assistance: Emergency Medical Services (EMS), Field Hospitals And Clinics, Medical Supplies And Equipment, Vaccination And Health Checkups
4) By Other Services: Water And Sanitation, Clothing And Blankets, Psychological Support And Counseling, Logistics And Transportation, Search And Rescue Operations
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Who Are the Global Leaders in the Emergency And Other Relief Services Market?
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
Which are the Top Profitable Regional Markets for the Emergency And Other Relief Services Industry?
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
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