Disaster Management Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031


Posted September 13, 2024 by Tan8121

Disaster management market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2023-2030).

 
Disaster management market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2023-2030). The growth can be attributed to the increasing frequency and intensity of natural disasters, such as hurricanes, floods, wildfires, and earthquakes, globally. According to the World Disaster Report (WDR), in 2022, IFRC has analysed comprehensive disaster data for 2020–2021. During this period, there were 710 disasters triggered by natural hazards. These led to fatalities of close to 30,000 people and affected over 220 million. In 2021 alone there were 378 disasters triggered by natural hazards.

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Through collaboration, the various departments involved in disaster risk management agree on organizational goals, processes, type, and level of participation. For Instance, in January 2022, Honeywell announced a strategic investment in RapidSOS, as well as technology integrations between the two companies that will further modernize and digitize the public safety communications process. RapidSOS is the emergency response data platform used by more than 5,200 emergency communications centers (ECCs) globally.

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Market Coverage
Market number available for – 2024-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Disaster Management Market by Solutions

Surveillance System
Disaster Recovery Services
Search and Rescue Equipment
Situational Awareness Solution
Incident Management Systems
Early Warning Systems
Others

Global Disaster Management Market by Communication Technology

Emergency Response Radars
First Responder Tools
Satellite Phones
Vehicle-Ready Gateways
Others

Global Disaster Management Market by Application

Natural Disasters
Man-made Disasters
Hybrid Disasters

Company Profiles 

Airgility Inc.
Alertus Technologies LLC
ESRI Inc.
Flyability
Frequentis AG
IBM Corp.
Intergraph Corp.
Intermedix Corp. (R1 Company)
Juvare, LLC
Metric Stream
Motorola Solutions, Inc.
OnSolve
Quantum-Systems
RapidSOS
Rockwell Collins Inc.
Singlewire Software, LLC.
Triton Systems, Inc

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the globaldisaster managementmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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Last Updated September 13, 2024