Global Incident & Emergency Management Market (2021-2026) by Components, Simulation, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Incident & Emergency Management Market is estimated to be USD 110.6 Bn in 2021 and is expected to reach USD 164.25 Bn by 2026, growing at a CAGR of 8.23%.

Market Dynamics

The factors such as rise in emergency management technologies, increase in government regulations and norms for proper implementation of safety and preparedness measures, growing demand for security and protection due to the uncertainty of natural disasters are some of the factors driving the growth of the incident and emergency management market. In addition, the growing number of smart cities integrated with the quick evacuation and supervillains system is anticipated to create lucrative opportunities for the market.
However, lack of training and education amongst people regarding emergency and incidence management is restraining the market growth. Additionally, high installation and management cost is anticipated to hinder the market growth.

Market Segmentation

The Global Incident & Emergency Management Market is segmented further based on Components, Simulation, Vertical, and Geography.

By Components, the market is classified into Communication System, Solution, and Service. Amongst all, the Solution segment is estimated to hold the highest market share during the forecast period.

By Stimulation, the market is classified as Traffic Simulation Systems, Hazard Propagation Simulation Tools, and Incident and Evacuation Simulation Tools. Amongst all, the Incident and Evacuation Simulation Tools segment is estimated to hold the highest market share during the forecast period.

By Vertical, the market is classified as BFSI, Public Sector, Healthcare, IT & Telecom, Energy & Utilities, Manufacturing, Aerospace & Defense, Transportation & Logistics, and Others. Amongst all, the Public Sector segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Singlewire Software and Shooter Detection Systems partner for enhanced active shooter safety. - 15th June 2021
2. HPE acquired cloud disaster recovery startup Zerto. The company gained in-house disaster recovery and general backup products, including cloud-native app protection. - 1St July 2021

Company Profiles

Some of the companies covered in this report are Strategies, Alert Technologies, Alertus, Blackberry, and Blackboard, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Incident & Emergency Management Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market