With the increasing frequency and complexity of incidents and emergencies, organizations need robust systems to ensure a coordinated and effective response. The Incident and Emergency Management Market provides solutions for planning, monitoring, and responding to crises, ranging from natural disasters to cyber-attacks. This market is vital for enhancing organizational resilience and ensuring employee and community safety.
Competitive Landscape of the Incident and Emergency Management Market
The incident and emergency management (IEM) market is a complex and dynamic arena. In this critical space, players jostle for market share, offering solutions that ensure preparedness, response, recovery, and mitigation across diverse incident types. Understanding the landscape is crucial for both established and emerging players to navigate and thrive.
Key Players Shaping the Market:
Strategies Fueling Market Share:
Factors Influencing Market Share Analysis:
New Entrants and Rising Stars:
Current Investment Trends:
Recent Developments and Acquisitions:
Incident And Emergency Management Market Size was valued at USD 115.9 billion in 2022. The Incident And Emergency Management market industry is projected to grow from USD124.013 Billion in 2023 to USD 213.0774227 billion by 2032; during the forecast period (2023 - 2032), the compound annual growth rate (CAGR) is 7.00%. The disruption of the ecological cycle and the severity of adverse climate change led to many unexpected events, such as storm surges and earthquakes are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Natural disasters affect not only people and communities but also businesses, governments and the world. Natural disasters affect developed and developing countries, causing injuries and economic losses. Over the past 20 years, more natural disasters have occurred worldwide, including fires, earthquakes and hurricanes, due to environmental conflicts and global warming. Knowing the exact location of a natural disaster promptly is crucial to any rescue operation. The nature and emergency management industry is expected to grow due to the increasing number of natural disasters worldwide. This factor drives the market CAGR.
Additionally, many developing countries continue to use ineffective disaster management techniques and technologies when faced with major disasters. Due to inadequate heating and disaster management capabilities, most developing countries cannot quickly solve the complex problems that cause major disasters such as earthquakes, hurricanes and tsunamis. They like traditional methods, but since they are insufficient to manage natural and man-made disasters, governments and public and private organizations have started to change their methods and routine procedures. Thus, driving the Incident And Emergency Management market revenue.
Based on Solution, the global Incident And Emergency Management market segmentation includes Geospatial Technology Solutions, CBRNE/Hazmat Solutions, and Situational Awareness Solutions. The situational awareness solution segment dominated the market because situational awareness is essential for effective incident and emergency management. By providing real-time information about the incident, situational awareness solutions enable first responders to make informed decisions and take the necessary actions to protect lives and property.
Based on the System, the global Incident And Emergency Management market segmentation includes Simulation Systems. The simulation systems segment dominated the market; Training guarantees that first responders are adequately equipped to efficiently address incidents and emergencies. By providing realistic training scenarios, simulation systems can help first responders to develop the skills and knowledge they need to make informed decisions and take the necessary actions to protect lives and property.
The global Incident And Emergency Management market segmentation, based on Professional Service, includes Training and Consultants. The consultant segment dominated the market because consultancy services are essential for organizations to develop and implement effective incident and emergency management plans and procedures. Consultants can help organizations assess their current capabilities, identify gaps, and develop plans to address them. They can also help organizations to implement their plans and procedures and to train their staff on how to use them.
Figure1: Global Incident And Emergency Management Market, by Professional Service, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Segmented by region, the study provides market insights for North America, Europe, Asia Pacific and the rest of the world. North America's incident and emergency management industry will dominate the market due to the widespread use of real-time traffic analysis and management capabilities of the crisis management process and many projects aimed at protecting people from attacks and natural disasters. The disaster will stimulate economic growth in this area.
In addition, major countries examined in the report market include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.
Figure2: GLOBAL INCIDENT AND EMERGENCY MANAGEMENT MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's nature and emergency management industry accounts for the second largest market share due to the growing need to protect people from natural disasters and human creation. In addition, German accident and emergency management held the largest market, with UK accident and emergency management the largest market in the European region.
The incident and emergency management market in Asia Pacific is expected to grow at the largest YBBO from 2023 to 2032. This is due to the increase in terrorist and biohazard attacks in the region resulting in the use of technology. Also, incident and emergency management in China has the largest market, and incident and emergency management in India is the largest in the Asia-Pacific region.
Entrepreneurs have invested a lot in R&D to expand their products, which will contribute to the further growth of the emergency and emergency management industry. Entrepreneurs are also undertaking various activities to expand their global footprint. Key business development activities include new product development, contract deals, joint venture mergers and acquisitions, increased investment and collaboration with other organizations. To grow and survive in a more changing business environment, the nature of the business and emergency management must provide a good product. Producing locally to reduce operating costs is one of the main business strategies adopted by the global disaster and emergency management industry to effectively benefit customers and grow the business. The nature and emergency management industry has provided some of the best in recent years. Major Incident And Emergency Management market players, including Corporations (U.S.) Esri (U.S.) Metric Stream (U.S.) Intermedix Corporation (U.S.). Some individuals strive to boost market demand by investing in research and development endeavors.
Honeywell International Corporation is an American multinational corporation headquartered in Charlotte, North Carolina. It operates in four business areas: Aerospace, Engineering, Industrial Equipment and Technology, and Safety and Industrial Development. Honeywell and Avaya collaborate to improve the emergency response capabilities of local authorities and smart city organizations.
Siemens AG is a German multinational technology group. Its activities include automation and digitization of processes and production, smart infrastructure for buildings and distributed energy systems, railway solutions for technology and digital healthcare. Siemens collaborates with the Shooter Detection System (SDS) to increase public safety in the event of a gun attack. The partnership will enable organizations to alert home security by triggering alarms via Siemens Desigo CC home management or Cerberus security management software.
Corporation (U.S.)
Esri (U.S.)
MetricStream (U.S.)
Intermedix Corporation (U.S.)
March 2022: NEC has partnered with the nonprofit Haven for Hope. The partnership will develop technology-based solutions to improve security, increase efficiency and support customers. NEC will provide an emergency notification system to activate multiple media channels in a major emergency.
December 2021: Siemens collaborates with the Shooter Detection System (SDS) to increase public safety during a gun attack. The partnership will enable organizations to alert home security by triggering alarms via Siemens Desigo CC home management or Cerberus security management software.
Geospatial Technology Solution
CBRNE/Hazmat Solution
Situational Awareness Solution
Simulation Systems
Training
Consultant
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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