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Global Incident and Emergency Management Market

  • Date Submitted: 10/08/2016 03:28 AM
  • Flesch-Kincaid Score: 30.8 
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Bharat Book Bureau provides the report, on “Global Incident and Emergency Management Market”.   The Report simulation, communication tools and devices, professional services, verticals, and regions.

Navi Mumbai, India: Bharatbook announces a report on “Global Incident and Emergency Management Market”. Global incident and emergency management market has been segmented on the basis of systems and solutions, simulation.

Increasing terrorist and bio-hazardous attacks (bio-terrorism) and increasing cost of natural disaster is expected to drive the overall market

The incident and emergency management market size is estimated to grow from USD 88.58 billion in 2016 to USD 114.01 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 5.2% due to increasing terrorist and bio-hazardous attacks (bio-terrorism), increased government regulations and norms. In addition, rising cost of disasters and ever-changing climatic conditions lead to increasing demand for incident and emergency products and solutions. However, factors such as outdated incident and emergency management infrastructure and disconnection between disaster risk reduction policy and emergency management in practice are the major restraints in the overall growth of the market.

Application system to dominate during the forecast period
In 2016, the application system is expected to dominate the system and solution segment in the   incident and emergency market. Application systems include tsunami warning system, earthquake/seismic warning system, traffic and transportation management system, remote weather monitoring system, inventory and database management system, and safety management system. These systems help to gather information from previous incidents as well as analyze the ongoing changes and generate alerts and warn government and disaster management authorities.

Latin America is projected to witness the highest growth during the forecast period
North America is expected to hold the...

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