About Emergency Management Service
Emergency management services are refers as standardized approach during time of emergency. Over the past few years, demand for Emergency management service has increased due to increasing availability of identifying, analyzing and prevention of hazardous incidents. Rapid growth of the organized and corporate sector fueling the demand for the product in emerging economies such as India, China, Japan, and others. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the IT Sector.Further, increasing demand for the artificial intelligence expected to drive the market growth over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The competitive landscape in the Emergency Management Service market. Feel free to ask any further questions you might have about specific players, trends, or challenges within this vital sector. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Emergency Management Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
A Fishtech Group, LLC Company. (United States), Alert Technologies Corporation. (United States), Blackhawk Emergency Management Group. (United States), Eccentex. (United States), EMSystems, LLC (United States), Esri Inc. (United States), Everbridge. (United States), GP Strategies Corporation. (United States), Honeywell International Inc. (United States) and IBM (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Atos (France), Hexagon AB (Sweden), Honeywell International Inc. (United States), Tetra Tech, Inc. (United States) and Elbit Systems Ltd. (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Emergency Management Service market by Type (Consulting Services, Emergency Operation Services, Training and Simulation Services and Public Information Services), Application (BFSI, Public Sector, Healthcare, IT & Telecom, Energy & Utilities, Manufacturing, Aerospace & Defense, Transportation & Logistics and Others) and Region.
On the basis of geography, the market of Emergency Management Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Service, the sub-segment i.e. Training & Education Services will boost the Emergency Management Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Geospatial Solutions will boost the Emergency Management Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Communication, the sub-segment i.e. First Responder Tools will boost the Emergency Management Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Value Oriented Consumers and Collaboration and Tie Up Of Leading Players
Market Growth Drivers:
Increase Number of Aging Population Leads to Boost the Market. and Rapid Demand of Government Initiatives Fuelled Up the Market.
Challenges:
Limitation due to Cyber Threat are Anticipated to Challenge the Market.
Restraints:
Lack of Customer Awareness Hampers the Emergency Management Service Market.
Opportunities:
Proliferation due to Requirement of Emergency Management Service at Different End User. and Upsurge Demand due to Adoption of Intelligent Surveillance and Evacuation Systems.
Market Leaders and their expansionary development strategies
In August 2023, Local governments partner with private companies to establish microgrids in vulnerable communities, ensuring continued power supply during natural disasters.
In September 2023, Drone startup Zipline expands its medical drone delivery service to remote areas, facilitating faster access to critical medical supplies during disasters.
Key Target Audience
Emergency management Service Manufacturers, Emergency management Service Traders, End-Use Market Participants of Different Segments of Emergency management Service, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.