Intelligent Emergency Response Systems and Infrastructure Market Opportunities, Trends & Forecast 2021 - 2027


Posted October 11, 2021 by advikchandran

The Intelligent Emergency Response Systems and Infrastructure Market is anticipated to witness substantial growth in the coming years. Rise in venture capital investments is anticipated to aid market growth

 
Intelligent Emergency Response Systems and Infrastructure Market is projected to grow up to USD 2.7 billion by 2027 growing at a CAGR of 7.2% during the forecasting period

Natural disasters and man-made disasters, such as earthquakes, floods, fire, terrorist attacks, hijacking, and others, have occurred in recent years all over the world, claiming many lives and causing significant economic loss. In such cases, immediate medical assistance and security measures are required at such locations. In today's world, intelligent emergency response systems are gaining popularity as a way to deal with disasters. In a short amount of time, technological breakthroughs have made it feasible to connect, share information, and warn a big crowd. During such emergency scenarios, the intelligent emergency response system is a good example of technical innovation that helps to increase security by providing notifications to government authorities, medical teams, and people. It is extremely difficult for evacuees to select the best feasible evacuation path in an emergency circumstance such as a building fire.
The intelligent emergency response system market is being driven by technological advancements like the Internet of Things (IoT) and its rapid acceptance in developed countries and metropolitan areas. Governments and other concerned authorities are urging these systems to be implemented in regions with large crowds, citing the high risk considerations. Stadium security has become a major worry in recent years, since stadiums have emerged as potential targets for terrorist attacks. Terrorism is a big issue when it comes to organising sporting or other events in stadiums with large crowds and celebrities. As a result, stadiums and auditoriums are quickly adopting intelligent emergency response systems to ensure and provide the greatest possible protection in the event of an emergency.
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The Intelligent Emergency Response Systems and Infrastructure Market report has been categorized as below
By Type
Life Security
Physical Security
Facility Management Security
Other Types
By Systems
Surveillance System
Broadcasting System
Signage
Perimeter Intrusion System
Other Systems
By End-user
Government
Industrial
Healthcare
Defense
Other End-users
By Region
North America
Europe
Asia Pacific
Rest of World
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Last Updated October 11, 2021