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Global Incident and Emergency Management Market was valued US$ 87.12 Bn in 2017 and is expected to reach US$ 423.32 Bn by 2026, at a CAGR of 24.2% during a forecast period.

0Incident & Emergency Management Market

Global Incident and Emergency Management Market are segmented into architecture, type, industry, and geography. In terms of architecture, the Incident and Emergency Management Market are classified into hardware, software, and services. On the basis of type, the Incident and Emergency Management Market are categorized into a mass notification system, disaster recovery system, surveillance system, safety management system, transportation management systems, and others. Based on industry, the Incident and Emergency Management Market are segregated into banking, financial services, and insurance, energy and utilities, manufacturing, healthcare, government, aerospace & defense, hospitality, transportation, IT and telecom, and others. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Incident management or ICM describes the activities of an organization for identification, analysis, and correcting hazards thereby preventing the re-occurrence of a similar situation in the future. Emergency management refers to the organization and management of the resources as well as responsibilities needed to deal with all humanitarian aspects of emergencies that include preparedness, response, or recovery. The aim of the emergency management system is to reduce the harmful effects of all hazards that include disasters.

Some of the major drivers of the market include the rise in incidences of terrorist and bio-hazardous attacks, natural disasters resulting because of changing climatic conditions, and stringent government regulations. The Incident and Emergency Management Market are mounting at an incredible pace, because of stricter government regulations globally as well. Several countries are there that have been enforcing stri

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