Dublin, April 30, 2018 (GLOBE NEWSWIRE) -- The "Incident and Emergency Management Market by System, Solution, Service, Simulation, Communication Tool and Device, Industry Vertical and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The incident and emergency management market size is expected to grow from USD 93.44 billion in 2018 to USD 122.94 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period.
The incident and emergency management market is driven by many factors, such as rising terrorist and biohazardous attacks, increasing incidents of natural disasters, stringent government regulations and norms, and a need to avoid the huge monetary losses due to disasters. Furthermore, disconnection between the disaster risk reduction policy and the emergency management practice and hardware infrastructure is prone to a single point of failure are the biggest challenges for the incident and emergency management system, solution, and service providers.
The surveillance system is expected to dominate the systems segment in terms of contribution to the overall market, as it is extensively used by government organizations as well as enterprises in monitoring and providing information about real-time situations during an emergency or incident.
Government and defense industry vertical is expected to hold the largest market share in the incident and emergency management market during the forecast period. Government organizations act as first responders during an emergency or critical incident, and thus employ all kinds of advanced incident and emergency management systems and tools.
Asia Pacific (APAC) includes major economies, such as India and China, which are rapidly deploying incident and emergency management systems, solutions, and services. This is mainly due to an increased need to secure people from natural and manmade disasters. APAC is expected to grow at the highest CAGR during the forecast period. Furthermore, North America is projected to have the largest market size during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Incident and Emergency Management Market
4.2 Market By System, 2018-2023
4.3 Market By Solution, 2018-2023
4.4 Market By Service, 2018-2023
4.5 Market By Simulation, 2018-2023
4.6 Market By Communication Tool and Device, 2018-2023
4.7 Market By Industry Vertical, 2018-2023
4.8 Market By Region
5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Rising Terrorist and Biohazardous Attacks
5.1.1.2 Occurrence of Unpredictable Natural Disasters Due to the Ever-Changing Climatic Conditions
5.1.1.3 Increase in Government Regulations and Norms
5.1.1.4 Need to Avoid the Huge Monetary Losses Due to Disasters
5.1.2 Restraints
5.1.2.1 Incident and Emergency Management is Often Prioritized Low Due to Political Factors
5.1.3 Opportunities
5.1.3.1 Upgradation of the Outdated Incident and Emergency Management Infrastructure
5.1.3.2 Increased Use of Social Media to Alert the Public About Incidents and Emergencies
5.1.3.3 Increased Government Expenditure on Emergency and Disaster Management Solutions
5.1.3.4 Advancements in Emergency Management Technologies
5.1.4 Challenges
5.1.4.1 Disconnection Between the Disaster Risk Reduction Policy and the Emergency Management in Practice
5.1.4.2 Hardware Infrastructure is Prone to A Single Point of Failure
5.2 Use Cases
5.2.1 Emergency Management Solution Used By the Government to Provide Incident Planning and Response Capabilities
5.2.2 an Intelligent Disaster Recovery Solution in the Healthcare Industry
5.2.3 The Aviation Industry is Using Incident Management and Emergency Response Systems
5.2.4 Emergency and Incident Management in the Hospitality Industry
5.2.5 Mass Notification Tool Manages Business Interruptions in an Insurance Company
5.2.6 Rapid Adoption of Emergency Management Solutions Among Government Organizations to Provide Robust Public Safety and Security
5.3 Innovation Spotlight
6 Incident and Emergency Management Market, By System
6.1 Introduction
6.2 Web-Based Emergency Management System
6.3 Emergency/Mass Notification System
6.4 Surveillance System
6.5 Traffic Management System
6.6 Inventory/Database Management System
6.7 Safety Management System
6.8 Remote Weather Monitoring System
6.9 Tsunami Warning System
6.10 Earthquake/Seismic Warning System
6.11 Cbrne/Hazmat Detection System
7 Incident and Emergency Management Market, By Solution
7.1 Introduction
7.2 Geospatial Solution
7.3 Disaster Recovery Solution
7.4 Situational Awareness Solution
8 Market By Service
8.1 Introduction
8.2 Consulting Services
8.3 Design and Integration Services
8.4 Training and Education Services
8.5 Support and Maintenance Services
9 Market By Simulation
9.1 Introduction
9.2 Traffic Simulation Systems
9.3 Hazard Propagation Simulation Tools
9.4 Incident and Evacuation Simulation Tools
10 Incident and Emergency Management Market, By Communication Tool and Device
10.1 Introduction
10.2 First Responder Tools
10.3 Satellite Phones
10.4 Vehicle-Ready Gateways
11 Market By Industry Vertical
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Energy and Utilities
11.4 Manufacturing
11.5 Healthcare and Life Sciences
11.6 Government and Defense
11.7 Aviation
11.8 Hospitality
11.9 Transportation and Logistics
11.10 Telecom and IT
11.11 Others
12 Incident and Emergency Management Market, By Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America
13 Competitive Landscape
13.1 Overview
13.2 Market Ranking
13.3 Competitive Scenario
13.3.1 Partnerships, Agreements, and Collaborations
13.3.2 New Product Launches
13.3.3 Mergers and Acquisitions
13.3.4 Business Expansions
14 Company Profiles
14.1 IBM
14.2 NEC Corporation
14.3 Hexagon
14.4 ESRI
14.5 NC4
14.6 Intermedix Corporation
14.7 Eccentex
14.8 The Response Group (TRG)
14.9 Haystax Technology
14.10 Alert Technologies
14.11 Crisisworks
14.12 Emergeo
14.13 Veoci
14.14 Missionmode
For more information about this report visit https://www.researchandmarkets.com/research/4nqnvt/122_94_billion?w=12