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SAN FRANCISCO , June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Crisis, Emergency and Incident Management Platforms - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
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 geographies 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 World.
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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 Billion, is 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 U.S. 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 U.S. is estimated at US$25.9 Billion in the year 2021. China, the 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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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.