Intelligent Emergency Response and Infrastructure Market: Projection of Each Major Segment
Technological development such as Internet of Things (IoT), and its fast adoption in developed countries and urban regions is driving the intelligent emergency response system market. Governments and other concerned authorities are promoting these system to be installed, considering the high risk factors, at places where huge crowd is present.
In recent years, stadium security has become a major concern, due to stadiums emerging as potential targets for terrorist attacks. Thus, stadiums and auditoriums are fast adopting the intelligent emergency response systems to secure and provide the best possible measures in case of emergencies.
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Furthermore, some of other key factors driving the intelligent emergency response and infrastructure market include rise in mining industries, exploration and hazardous industry, perception about the importance of security, up-gradation of existing architecture with latest emergency systems.
However, the lack of awareness of technical features and scarcity of interoperability between products are some of the major factors constraining the growth of intelligent emergency response and infrastructure market.
The intelligent emergency response system and infrastructure market is divided on the basis of its applications in different industry sectors such as energy & utilities, BFSI, manufacturing, healthcare & life sciences, government & defense, aviation, hospitality, telecom & IT, and others.
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Different types of communication technologies used by the intelligent emergency response systems include satellite phones, vehicle-ready gateways (cellular/GPS/Wi-Fi), first responders, and emergency response radars.
The market poses good opportunities for intelligent emergency response system and infrastructure, considering different risks and threats for different regions across the globe. Thus, providing an innovative intelligent emergency response solution, depending on different threat concerns in different regions will be a good opportunity for manufacturers to target in coming years.
Regions such as North America and Europe are the leading adopters of intelligent emergency response system and infrastructure. Further, developing regions in Asia can be considered as potential market in coming years due to recent calamities of floods, earthquakes and terrorist attacks encountered by some countries in this region.
Some of the key companies operating in the global intelligent emergency response system and infrastructure market include Everbridge Inc., Siemens Ag, Enera International AB, Alcatel-Lucent, United Technologies Corporation, Athoc Inc., Vocal Technologies, Robert Bosch GmbH, Daisy IT Group Limited, ATI Systems Inc., Honeywell International Inc., and Micron Technology Inc.
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