About Incident and Emergency Management
The incident and emergency management involve the preparedness plan and effective incident prevention and management which can help organizations dodge the calamity and mitigate the consequences at the time of the actual arrival of disaster. It is charged with the framework within which the communities minimizes the vulnerabilities and deal with the disaster. It promotes safer, less prone communities with the ability to deal with the hazards. The incident and emergency management creates the group and educate or train them to cope with the actual incident.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Incident and Emergency Management 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.
IBM (United States), Hexagon AB (Sweden), DEKRA (Germany), Esri (United States), NC4 (United States), Juvare, LLC (United States), MissionMode (United States), Alert Technologies (United States), The Response Group (United States), Everbridge (United States), Haystax Technology (United States) and MetricStream (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 Haystax Technology (United States) and MetricStream (United States).
Segmentation Overview
AMA Research has segmented the market of Global Incident and Emergency Management market by Type (Prevention, mitigation,, preparedness, and response and recovery) and Region.
On the basis of geography, the market of Incident and Emergency Management 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). If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Incident and Emergency Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Training Services will boost the Incident and Emergency Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by System, the sub-segment i.e. Surveillance System will boost the Incident and Emergency Management 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 Incident and Emergency Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Adoption of Technologically Advanced Systems and Safety Devices to Prevent Hazards
Market Growth Drivers:
Growing Rate of Natural Disasters Along with Rising Terrorism Threats and Increasing Number of Stricter Government Policies Globally with Regards to Disaster Management for Better Readiness for Sudden Incidents
Challenges:
Low Degree of Deploying Systems for Incident and Emergency Management
Restraints:
Lack of Focus about Incident and Emergency Management in Some Organisation
Opportunities:
Emerging Number of Groups to Tackle the Incident and Emergencies Along with Training about the Incident and Emergency Management and Advancement in Emergency Handling Technologies
Market Leaders and their expansionary development strategies
In August 2019, Everbridge, Inc.the global leader in critical event management (CEM) and enterprise safety software applications to help keep people safe and businesses running, announced the acquisition of NC4, a leading global provider of threat intelligence solutions that empower businesses, government organizations, and communities to assess and disseminate risk data and information to manage and mitigate the impact of critical events.
In August 2019, Juvare, the leader in critical incident management and response technology and maker of WebEOC, announced that they will significantly expand its presence in Europe with a key hire and satellite office in the United Kingdom. Following a string of key client acquisitions in the U.K. and Europe, Juvare will increase its focus on the European market by establishing an additional office in the region. Juvares European sales operations will be based in the U.K., headed by Ian Clark, Vice President, European Sales.
"According to the Emergency Management Standard by the Emergency Management Accreditation Program (EMAP) The Emergency Management Program shall identify the natural and human-caused hazards that potentially impact the jurisdiction using a broad range of sources. The Emergency Management Program shall assess the risk and vulnerability of people, property, the environment, and its own operations from these hazards. The Emergency Management Program shall formally adopt an incident management system. The system shall include but not be limited to the following concepts: modular organization, unified command, multi-agency coordination, a span of control, common terminology, action planning process, comprehensive resource management, integrated communications, and pre-designated facilities."
Key Target Audience
Incident and Emergency Management Providers, Incident and Emergency Management Industry Associations, Research and Development Institutions, Potential Investors, Regulatory Bodies 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.