Emergency Management and Incident Management Market: Brief Account
Emergency management and incident management refers to planning, preparing, attenuating, and reacting to emergencies such as natural calamities. Primary responders and government authorities have employed technologically advanced solutions to combat emergencies. Such solutions and systems include detection systems, communication technologies, surveillance systems, radars, and early warning systems, which assist in planning for emergencies and natural calamities. These dedicated systems and solutions can also be employed before, during, and after the occurrence of emergencies or disasters.
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Furthermore, these systems assist in detecting any suspicious activities by terrorists. Companies offering these services are working in tandem with government organizations to develop and implement solutions that will help the latter in minimizing the damage caused by calamities. With increasing rules and regulations of the government worldwide, the emergency management and incident management market is gaining immense popularity.
Emergency Management and Incident Management Market: Inclusive Insights
Factors such as dynamic climatic conditions, rising natural calamities, government emphasis on safety policies, frequent terror attacks, and home violence are a few reasons behind the growth of the emergency management and incident management market. Although emergency management solutions are being implemented in several areas, majority of the solutions have either become obsolete or are running on outdated technologies. The emergency management and incident management market is presently ripe with several Tier 1 companies, offering technologically advanced and sophisticated solutions.
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A favorable trend has been noticed in the adoption of emergency management and incident management solutions as key vendors and numerous government organizations across the globe are investing heavily and working towards offering technologically advanced and sophisticated solutions to provide protection and security during the occurrence of natural calamities or emergencies.
Emergency Management and Incident Management Market: Key Segments
The emergency management and incident management market is divided on the basis of communication technologies, professional services, type of system and platform, type of end users, and simulation tools. Communication technologies include vehicle-ready gateways, emergency response radars, satellite phones, and first respondents. Professional services include EOC design and integration, training and simulation, emergency operation design, consulting and public information system.
Types of systems include geospatial technologies, web-based solutions, earthquake warning systems, weather monitoring systems, tsunami warning systems, HAZMAT technologies, mass notification, surveillance system, monitoring systems, and warning systems. Geospatial solutions aid in pointing out the precise location of any natural calamity and are in high demand.
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Types of end users include power plants, hospitals, manufacturing sector, government agencies, and enterprises. Simulation tools comprise hazard proliferation, evacuation simulation, and traffic simulation tools. By creating real-time situations, simulation tools assist in planning and preparing, and help in training and educating people for emergencies and natural calamities.
Emergency Management and Incident Management Market: Key Market Players
Key players in the emergency management and incident management market include Booz Allen Hamilton Inc., Guardly Corp., Siemens AG, Cassidian, Environmental System Research Institute, Honeywell International, Motorola Solutions, Northrop Grumman, Intergraph Corporation, Lockheed Martin, Tata Consultancy Services, and VT MAK.
The study presents reliable qualitative and quantitative insights into:
- Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Forces defining present and estimated future state of the competitive landscape
Value chain and stakeholder analysis
The regional analysis covers:
- North America
Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
- A detailed analysis of key segments of the market
Recent developments in the market’s competitive landscape
Detailed analysis of market segments up to second or third level of segmentation
Historical, current, and projected future valuation of the market in terms of revenue and/or volume
Key business strategies adopted by influential market vendors
Outline of the regulatory framework surrounding and governing numerous aspects of the market
Growth opportunities in emerging and established markets
Recommendations to market players to stay ahead of the competition
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