Emergency management has emerged as an essential technology tool to effectively navigate amidst the outbreak of the infectious disease, Covid-19. Inhibiting and controlling the further spread of the disease is currently the biggest challenge which countries across the globe are witnessing. The application of emergency solutions across the critical phases of the coronavirus pandemic, which comprise of the prevention/mitigation phase, preparedness phase, response phase, and recovery phase is intensively increasing, thereby driving the growth of the global emergency management market.
IT-based systems such as geographic information system (GIS), remote sensing sensor, surveillance systems, online services, artificial intelligence, and internet of things are showcasing significant adoption in outbreak management applications within the response phase of the pandemic. Institutions and healthcare organizations are undertaking research to identify further effective applications of these solutions across the various phases of the Covid-19 pandemic, which is anticipated to further proliferate the growth of global emergency management market over the forecast period.
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Increased technology advancement along with favorable government initiatives towards adoption of emergency management solutions to address more effectively the pandemic situation is boosting the growth of global emergency management market. Technology startups are working in parallel with the government agencies, academicians, healthcare providers and researchers to optimize the application of IT systems in effectively managing and controlling the reach of the coronavirus. The four core areas in the response phase which showcase the potential to be addressed by emergency management systems include detection and diagnosis, treatment approach, protection strategies and management aims. Substantial investment by countries across the globe towards the adoption of these systems and solutions indicates positive growth trajectory for global emergency management market over the period of next eight years.
The global emergency management market is expected to grow at a CAGR of above 6% during the forecast years (2021-2029).
The detailed research study provides qualitative and quantitative analysis of emergency management market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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Key Findings of the Report:
- Information technology has become an imperative adoption to mitigate and effectively control the rapid spread of the coronavirus pandemic. Regulatory bodies around the globe are significantly investing and simultaneously promoting the adoption of adequate emergency management solutions for effectively controlling the situation.
- Disaster recovery solutions is gaining traction in the global emergency management market. The segment is anticipated to witness significant growth rate over the period of next eight years.
- North America dominated the global emergency management market in 2020. Established information technology infrastructure along with increased adoption of emergency management solutions across various industrial sectors has contributed towards the region’s highest share in the global market.
- Some of the major players operating in the global emergency management market are A Fishtech Group, LLC Company., Alert Technologies Corporation., Alertus Technologies, LLC., Blackhawk Emergency Management Group., Booz Allen Hamilton Inc., Eccentex., EMSystems, LLC, Esri Inc., Everbridge., GP Strategies Corporation., Honeywell International Inc., IBM, IEM, Inc., Intergraph Corporation Part of Hexagon Group, Lockheed Martin Corporation., MARSH LLC., Mission, Mode Incident Management Systems, Motorola Solutions, Inc., NEC Corporation, Resolver Inc., Rockwell Collins, SRDC, Tetra Tech, Inc., The Response Group, Veoci / Grey Wall Software, LLC. among others.
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Global Emergency Management Market:
- By Systems:
- Emergency/Mass Notification System
- Surveillance System
- Traffic Management System
- Safety Management System
- Disaster Recovery & Backup System
- Others
- By Communication Technology:
- First Responder Tools
- Satellite Phones
- Emergency Response Radars
- Vehicle-ready Gateways
- Others
- By Service:
- Training & Education Services
- Consulting Services
- Design & Integration Services
- Support & Maintenance Services
- By Solution:
- Geospatial Solutions
- Disaster Recovery Solutions
- Situational Awareness Solutions
- By Vertical:
- BFSI
- Public Sector
- Healthcare
- IT & Telecom
- Energy & Utilities
- Manufacturing
- Aerospace & Defense
- Transportation & Logistics
- Others
- By Region:
- North America
-
- U.S.
- Canada
- Mexico
- Rest of North America
-
- Europe
-
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
-
- Asia Pacific
-
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
-
- Middle East & Africa
-
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Argentina
- Rest of Latin America
-
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