Incident and emergency management is the management and mitigation of natural or man-made emergencies using local resources. Uncertainty of emergencies can arise from a number of causes, making deployment of effective incident and emergency management system necessary to prevent aftereffects. The global incident and emergency management market was valued at $75,464 million in 2017, and is projected to reach $423,323 million by 2025, registering a CAGR of 24.2% from 2018 to 2025.
The growth of the global incident and emergency management market is driven by factors such as rise in economic loss due to natural disasters, increase in number of terrorist attacks, and implementation of government policies for public safety. However, high installation and maintenance costs associated with these systems are expected to impede the incident and emergency management market growth. On the contrary, use of advanced technologies among terror groups for attacks and increased market for smart cities, intelligent evacuation systems, and integrated building technologies are expected to drive the adoption of intelligent surveillance and evacuations systems.
Major Key Players of the Incident and Emergency Management Market are:Esri, Honeywell International, IBM, Intergraph, Intermedix, Lockheed Martin, Motorola Solutions, NEC Corporation, Rockwell Collins, and Siemens AG.
Read More @ http://www.sbwire.com/press-releases/incident-and-emergency-management-market-research-report-size-share-growth-trends-and-forecast-2025-esri-honeywell-international-ibm-1287771.htm
The growth of the global incident and emergency management market is driven by factors such as rise in economic loss due to natural disasters, increase in number of terrorist attacks, and implementation of government policies for public safety. However, high installation and maintenance costs associated with these systems are expected to impede the incident and emergency management market growth. On the contrary, use of advanced technologies among terror groups for attacks and increased market for smart cities, intelligent evacuation systems, and integrated building technologies are expected to drive the adoption of intelligent surveillance and evacuations systems.
Major Key Players of the Incident and Emergency Management Market are:Esri, Honeywell International, IBM, Intergraph, Intermedix, Lockheed Martin, Motorola Solutions, NEC Corporation, Rockwell Collins, and Siemens AG.
Read More @ http://www.sbwire.com/press-releases/incident-and-emergency-management-market-research-report-size-share-growth-trends-and-forecast-2025-esri-honeywell-international-ibm-1287771.htm
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