Incident and emergency management refers to the standardized approach, to be at times of emergency. Incident management is often performed by a dedicated team, inside an organization, who are responsible for identifying, analyzing and prevention of hazardous incidents. The team is also conferred the duty of preparing standards, which are to be followed, during such incidents. Such Incident management teams often rely on third party services and hardware for performing their duties. Emergency management can also be termed as disaster management and mostly relates to the large scale disasters, such as those caused by nature, terrorist activities and industrial accidents among others. Emergency management encompasses the procedures to be followed, on knowledge of an upcoming disaster or post a disaster. Emergency management aids in taking preventive measures for a known upcoming disaster, such as a storm or an oil spill spreading towards coast among others, and also aids in limiting further loss post a calamity. Natural disasters cannot be prevented by human efforts, but incident and emergency management strongly aids in limiting all types of losses, post such an incident. This is because incident and emergency management prepares personnel for tackling such incidents in an effective and systematic manner, leading to lesser creation of panic amongst civilians.
The incident and emergency management market is growing at a tremendous pace, owing to formation of stricter government regulations globally. Several countries have been enforcing stricter regulations, with respect to disaster management policies, to improve the readiness of each organization for such untoward incidents. Most organizations have been training their employees regarding the procedures to be followed for incidents such as fire and natural disaster among others, and also have been installing safety devices for mitigating such hazards. This in turn has been positively impacting the growth of incident and emergency management market. Additionally, the growing incidents of terrorism globally have forced the government authorities to enforce stricter incident and emergency management systems across the nation. Countries such as the U.K., India and France has been forming special military groups to tackle such incidents while organizations have been engaging the services of professional organizations for training their employees on the procedures to be followed, during such incidents. Furthermore, organizations have been proactively deploying incident and emergency management systems, as precautions, since such incidents act as huge setbacks for organizations, in terms of monetary and other resources. Such proactive deployment of disaster management systems has also been instrumental in boosting the growth of incident and disaster management market. However, several organizations provide low priority to incident and emergency management, and hence have either not setup such a system or has been deploying low standard systems, for meeting government regulations. This in turn has been restraining the growth of the incident and emergency management market, to some extent. Considering the growing rate of natural disasters and increasing terrorism threats, the market for incident and emergency management is expected to be offered with good growth opportunities, during the forecast period.

Market Analysis and Insights: Global Incident and Emergency Management Market
The global Incident and Emergency Management market size is projected to reach US$ 121470 million by 2027, from US$ 90370 million in 2020, at a CAGR of 3.9% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Incident and Emergency Management market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Incident and Emergency Management market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Incident and Emergency Management market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Incident and Emergency Management market.

Global Incident and Emergency Management Scope and Market Size
Incident and Emergency Management market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Incident and Emergency Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Mass Notification System
Disaster Recovery System
Surveillance System
Safety Management System
Transportation Management System

Segment by Application
Aerospace
Banking
Financial Services & Insurance (BFSI)
Government
Utilities
Retail
Manufacturing
Hospitals

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Rockwell Collins
Honeywell International
Siemens
Lockheed Martin Corporation
Motorola Solutions