The growing number of terrorist attacks and home violence market has resulted in the growth of the global emergency management and incident management market, states TMR Research in its latest report. The report is titled â€œEmergency Management and Incident Management Market â€" Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 â€" 2025.â€ The increasing number of government norms and regulations is aiding the growth of this market. In addition to this, the growing changes in climatic conditions and wide use of social media to spread information shall drive the growth of the global emergency management and incident management market. The growth in bio hazardous attacks and thus, the need to ameliorate the negative effects on the environment shall continue to drive the growth prospects of the global emergency management and incident management market.
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A growing trend in the global emergency management and incident management market is the high investments by players and government organizations so as to come up with technologically advanced and sophisticated solutions for security and protection during natural calamities and other emergencies. This trend is pushing the growth of the market to a large extent. On the other hand, a lack of education and training will restrict the growth of the emergency management and incident management market. The use of outdated and ageing technology in the emergency management and incident management solutions will also hamper the growth of this market.
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The sophisticated early warning systems and technological innovations are also expected to drive the growth of emergency management and incident management market. Companies that offer these services are working with government organizations and developing and implementing solutions to minimize the damage caused by calamities. The growing number of rules and regulations by governments across the globe will drive the emergency management and incident management market.
The market is segmented on the basis of communication technologies, type of system and platform, professional services, type of end users, and simulation tools. On the basis of end user, the market is segmented into hospitals, power plants, manufacturing sector, enterprises, and government agencies.
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The report profiles key players in the global emergency management and incident management market for the purpose of study. They are Booz Allen Hamilton Inc., Motorola Solutions, Guardly Corp., Intergraph Corporation, Siemens AG, Northrop Grumman, Lockheed Martin, Cassidian, Tata Consultancy Services, Environmental System Research Institute, Honeywell International, and VT MAK.
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