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Global Disaster preparedness system Market to reach USD 6.9billion by 2027

Global Disaster preparedness system Market to reach USD 6.9billion by 2027

Product Code: OIRE-56077987
Publish Date: 11-07-2021
Page: 200

Global Disaster Preparedness System Market is valued at approximately USD 146.03 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.4 % over the forecast period 2021-2027. The disaster preparedness system offers an emergency preparedness plan and operative incident prevention and management solutions to aid organizations in sidestepping consequences caused because of natural disasters. The system provides various assistances to the organizations, such as, increased employee productivity, cost efficiency, improved greater retention, and others. Various government bodies implementing regulatory policies for public safety is also expected to fuel the disaster preparedness system market t. Increasing incidents of natural disasters are propelling the market growth. For instance, the European Commission is making efforts to encourage defensive and risk reduction actions. The European Commission confirms that disaster preparedness is systematically implanted across industries that are engrossed on humanitarian projects and programs by contributing to Sendai Priority 4. 65% of EU-funded humanitarian projects comprised of disaster preparedness components over the past five years. The funding contributed by the government thereby supports the ability of local and national preparedness systems. Moreover several key players are taking strategic initiatives to expand their presence in the market for instance,

• In April, 2020, the Motorola Solutions helped Rio Tinto, to continue supplying to its customers by protecting communities and people during pandemic. Motorola’s critical communication solutions enabled Rio Tinto to keep its essential services running during the pandemic solutions.
• In August 2018, ICF entered into an agreement with DMS , through this acquisition DMS Disaster consultants will operate as a part of ICF’s resilience and disaster management division.

However, slow adoption rate of installation may impede market growth over the forecast period of 2021-2027.

The regional analysis of global disaster preparedness system market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and rest of the world. North America recorded the market dominance in 2020 for over 34.0% share of global revenue. US Held the largest market share as government of the country is increasingly focusing on developing and deploying intelligent emergency management and mitigation plans to reduce the response time and mitigate the damage caused by manmade and natural disasters. Whereas, Asia Pacific is expected to witness a significant CAGR over the forecast period an increase in government expenditure on disaster and emergency management systems to safeguard citizens is driving the market growth in the region.

Major market player included in this report are:

Lockheed Martin
Motorola Solutions
NEC Corporation
Singlewire Software

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Emergency/Mass Notification System
Surveillance System
Safety Management System
Earthquake/Seismic warning System
Disaster Recovery and Backup System
By Solution:
Geospatial Solutions
Disaster recovery solutions
Situational Awareness Solutions
By Services:
Training and Education Services
Consulting Services
Design and Integration Services
Support and Maintenance Services
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19
Base year – 2019-2020
Forecast period – 2021 to 2027.

Target Audience of the Global Disaster Preparedness System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Disaster Preparedness System Market, by Type, 2019-2027 (USD Billion)
1.2.2. Disaster Preparedness System Market, by Solution, 2019-2027 (USD Billion)
1.2.3. Disaster Preparedness System Market, by Services, 2019-2027 (USD Billion)
1.2.4. Disaster Preparedness System Market by Region, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Disaster Preparedness System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Disaster Preparedness System Market Dynamics
3.1. Disaster Preparedness System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising incidences of natural disasters Various governments implementing regulatory policies
3.1.2. Market Restraint Slow adoption rate of installation
3.1.3. Market Opportunities Adoption of cloud-based solutions by companies
Chapter 4. Global Disaster Preparedness System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Disaster Preparedness System Market, by Type
5.1. Market Snapshot
5.2. Global Disaster Preparedness System Market by Type , Performance – Potential Analysis
5.3. Global Disaster Preparedness System Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Disaster Preparedness System Market, Sub Segment Analysis
5.4.1. Surveillance System
5.4.2. Emergency/Mass Notification System
5.4.3. Safety Management System
5.4.4. Earthquake/Seismic Warning System
5.4.5. Disaster Recovery and Backup System
5.4.6. Others
Chapter 6. Global Disaster Preparedness System Market, by Solution
6.1. Market Snapshot
6.2. Global Disaster Preparedness System Market by Application, Performance – Potential Analysis
6.3. Global Disaster Preparedness System Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Disaster Preparedness System Market, Sub Segment Analysis
6.4.1. Geospatial Solutions
6.4.2. Disaster Recovery and Backup Solutions
6.4.3. Situational Awareness Solutions
Chapter 7. Global Disaster Preparedness System Market, by Services
7.1. Market Snapshot
7.2. Global Disaster Preparedness System Market by End use, Performance – Potential Analysis
7.3. Global Disaster Preparedness System Market Estimates & Forecasts by End use 2018-2027 (USD Billion)
7.4. Disaster Preparedness System Market, Sub Segment Analysis
7.4.1. Consulting Services
7.4.2. Training and education Services
7.4.3. Design and Integration Services
7.4.4. Support and Maintenance Services
Chapter 8. Global Disaster Preparedness System Market, Regional Analysis
8.1. Disaster Preparedness System Market, Regional Market Snapshot
8.2. North America Disaster Preparedness System Market
8.2.1. U.S. Disaster Preparedness System Market Type breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027 End use breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Disaster Preparedness System Market
8.3. Europe Disaster Preparedness System Market Snapshot
8.3.1. U.K. Disaster Preparedness System Market
8.3.2. Germany Disaster Preparedness System Market
8.3.3. France Disaster Preparedness System Market
8.3.4. Spain Disaster Preparedness System Market
8.3.5. Italy Disaster Preparedness System Market
8.3.6. Rest of Europe Disaster Preparedness System Market
8.4. Asia-Pacific Disaster Preparedness System Market Snapshot
8.4.1. China Disaster Preparedness System Market
8.4.2. India Disaster Preparedness System Market
8.4.3. Japan Disaster Preparedness System Market
8.4.4. Australia Disaster Preparedness System Market
8.4.5. South Korea Disaster Preparedness System Market
8.4.6. Rest of Asia Pacific Disaster Preparedness System Market
8.5. Latin America Disaster Preparedness System Market Snapshot
8.5.1. Brazil Disaster Preparedness System Market
8.5.2. Mexico Disaster Preparedness System Market
8.6. Rest of The World Disaster Preparedness System Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Honeywell Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2 Lockheed Martin

9.2.3 Motorola Solutions

9.2.4 Siemens

9.2.5 NEC Corporation

9.2.6 IBM

9.2.7 Alertus

9.2.8 OnSolve

9.2.9 Juvare

9.2.10 Singlewire Software
Chapter 10. Research Application
10.1. Research Application
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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