Valued to be $115.6 Billion by 2026, Crisis, Emergency and Incident Management Platforms Slated for Robust Growth Worldwide


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Edition: 8; Released: January 2022
Executive Pool: 18558
Companies: 47 – Players covered include Honeywell International, Inc.; Intergraph Corporation; Iridium Communications, Inc.; Lockheed Martin Corporation; Motorola Solutions, Inc.; Rockwell Collins, Inc.; Siemens AG and Others.
Coverage: All major geography and key segments
Segments: System and Platform (Surveillance System, Emergency Notification Service, Remote Weather Monitoring System, Hazmat Technology, Traffic Incident Management, Geospatial Technology, Backup & Disaster Recovery System, Other System and Platforms)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of the World.

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ABSTRACT-

Global Crisis, Emergency and Incident Management Platforms Market to Reach $115.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Crisis, Emergency and Incident Management Platforms estimated at US$81.4 Billionis projected to reach a revised size of US$115.6 Billion by 2026, growing at a CAGR of 5.8% over the analysis period. Surveillance System, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$38.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Emergency Notification Service segment is readjusted to a revised 5.8% CAGR for the next 7-year period.

The US Market is Estimated at $25.9 Billion in 2021, While China is Forecast to Reach $20.3 Billion by 2026
The Crisis, Emergency and Incident Management Platforms market in the US is estimated at US$25.9 Billion in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$20.3 Billion by the year 2026 trailing a CAGR of 5.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 4.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Remote Weather Monitoring System Segment to Reach US$13.6 Billion by the year 2026
In the global Remote Weather Monitoring System segment, USA, Canada, Japan, China and Europe will drive the 5.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8 Billion will reach a projected size of US$11.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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