205 Users Online
Crisis, Emergency and Incident Management Platforms Market Segmented by Communication Technology, First Responder Technology, Satellite Phone Technology, Vehicle Ready Gateway Technology, Emergency Response Radar Technology
The market for crisis emergency and incident management platforms was valued at US$ 83,232.1 Mn in 2022, and by the end of 2033, it is expected to have grown to US$ 161,035.0 Mn. The market for crisis emergency and incident management platforms is estimated to valuate to US$ 87,144.0 Mn in 2023. The market for crisis emergency and incident management platforms is predicted to grow at a CAGR of 6.3% from 2023 to 2033.
Crisis, emergency and incident management platforms software provides organizations, emergency, and business response professionals the tools to prepare for, manage, and prevent a variety of emergencies or incidents in the workplace. The Crisis, emergency, and incident management functionality within the business continuity management (BCM) App performs a centralized framework to integrate and streamline incident recording and detection, remediation and corrective action, and loss event tracking and investigation.
Government regulations are continuously evolving, and these are needed to be followed strictly by both people and organizations such as fire department, emergency medical services, faith-based organizations, health-care organizations, police department, non-governmental organizations, and business.
These changes have been taken into due to respond to the increasing number of terrorist attacks, criminal activities, and natural disasters. Many developing and developed countries are also upgrading their services to technologically advance emergency management services and solutions.
The crisis emergency and incident management platforms market will see new opportunities presented by the rising popularity of Crisis Emergency and Incident Management Platforms. The market will benefit from the investments made by businesses and the advancements in technology of crisis emergency and incident management platforms.
For the crisis emergency and incident management platform, North America held the largest market share of 25.2% in 2022, followed by the European market that held a market share of 22.9% for the same year.
|
Crisis Emergency and Incident Management Platforms Market Size (2023) |
US$ 87,144.0 Mn |
|
Projected Market Value (2033) |
US$ 161,035.0 Mn |
|
Global Market Growth Rate (2023-2033) |
6.3% |
|
Systems and Platforms Market Share (2022) |
54.4% |
|
India Market Growth Rate (2022) |
7.9% |
|
Communication Technology Market Share (2022) |
29.4% |
FREE Report Sample is Available
In-depth report coverage is now just a few seconds away
Get FREE Report Sample
“Challenges in Humanitarian Logistics Distribution”
A large number of people affected shows the importance of humanitarian aid agencies. The challenges of humanitarian logisticians depend not just on the crisis at hand but also on the social existence of their organization. The players in humanitarian logistics can be classified as the military, donors, private sector companies, governments, aid agencies, and non-governmental organizations.
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized Version“Strong Presence of Solution and Services”
The U.S. population is growing, aging significantly, and ethnically diverse, as the country's population ages and the number of people living in densely populated urban and coastal areas continues to grow, people and assets are concentrated in specific areas.
This is anticipated to make the country more vulnerable to the effects of severe weather and other calamities. Furthermore, unequal population distribution and population growth across country regions is creating need for emergency operation managers to conduct more strategic planning. Thus, changing demographics in the country are the major factors driving the demand for crisis, emergency, and incident management platforms.
“High Competition among Key Players”
In the last few years, India has experienced a series of natural disasters that have affected millions of people. Loss of personal, community and public wealth has been astronomical. Due to its size, and diverse geography, it becomes prone to various types of natural disasters. Floods, droughts, landslides, earthquakes and cyclones have been recurrent phenomena.
Also, during COVID-19 several state governments across the country have ordered the installation of surveillance solutions in public places and quarantine centres to keep their citizens safe from COVID-19. This has significantly increased the demand for crisis, emergency and incident management platforms. Given this, the market in India is estimated to grow at CAGR of 7.9% for the forecast year 2023-2033.
Sales Team
Client Partner
“Government pushes the market with new initiatives”
Major natural disasters such as typhoons, earthquakes and heavy snowfall occur frequently in Japan, and they cause immense destruction and damage. With the constant threat of major earthquakes in the capital Tokyo and elsewhere, awareness of the importance of disaster preparedness and management is increasing not only at the national and local government level, but also in the business community.
Although Japan and its surrounding oceans cover only about 1% of the Earth's surface, about 10% of the world's earthquakes of magnitude 8.0 or greater in the 20th century occurred in or around Japan. Such factors drives the demand for Crisis, Emergency, and Incident Management Platforms Market.
Why is the Demand for Emergency/Mass Notification Systems Growing?
This growth is due to the rapid implementation and integration of mass notification solutions with IP-based notification devices in various businesses such as education and healthcare. The emergency/mass notification systems segment is expected to expand significantly at a CAGR of 7.5%. from 2023 to 2033.
Why First Responders Communication Has a Strong Presence in the Emergency and Incident Management Platforms Market?
First responder tools consist of all technical devices that help departments and teams provide early assistance and action in an emergency. Multiple carriers are developing next-generation software-defined radio and cognitive radio, as well as LTE communication solutions for public safety.
Two-way radio has traditionally been the most commonly used first response tool in emergencies, but smart devices and smartphones have grown significantly over the past decade as the most preferred first response tool. In current scenarios, smart gateways can connect sensors such as heart rate monitors, body cameras, and locator beacons worn by first responders and send data back to the command centre for later retrieval.
Will Government and Defence Sectors Aid Demand Growth for Crisis Emergency and Incident Management Systems?
The government and defence industry is adopting crisis, emergency, and incident management platforms such as disaster recovery systems, traffic incident management, weather monitoring systems, and others, on a large scale. These industries are implementing risk management solutions due to the increase in terrorist attacks at airports and public places. These solutions are designed to help government and defence organisation provide better security.
Major crisis emergency and incident management platforms companies need to understand the needs of the areas and regions that they are trying to operate in and have to consider the impacts of global warming and climate change significantly.
Recent developments related to key players providing crisis emergency and incident management platforms market solutions have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.
|
Attribute |
Details |
|
Forecast Period |
2023-2033 |
|
Historical Data Available for |
2018-2022 |
|
Market Analysis |
Value in USD |
|
Key Regions Covered |
|
|
Key Countries Covered |
|
|
Key Market Segments Covered |
|
|
Key Companies Profiled |
|
|
Pricing |
Available upon Request |
By Component:
By Communication Technology:
By Vertical:
By Region:
In 2022, the market value of crisis emergency and incident management platforms was US$ 83,232.1 Mn.
The global crisis emergency and incident management platforms market is estimated to advance at a 6.3% CAGR through 2033.
The market for crisis emergency and incident management platforms is forecasted to climb to US$ 161,035.0 Mn by 2033 end.
Demand for crisis emergency and incident management platforms market in India is projected to rise at a CAGR of 7.9% over the forecast period.
In 2022, the North America crisis emergency and incident management platforms market held a dominant market share of 25.2%.
