Crisis Management Market 2023-2032;
Growth Forecast & Industry Share Report
As per a recent research report, Crisis
Management Market
surpass USD 220 Bn by 2032.
Global Crisis Management Market share is anticipated to grow
significantly between 2023 to 2032 owing to the surging investments and support
provided by the government to deal with natural calamities.
Smart city infrastructure plays an essential part in coping with
emergencies by offering real-time information, allowing quick reaction times,
as well as managing emergency response actions. Growing infrastructure spending
in smart cities is expected to create opportunities for the crisis management
industry. As per the Indian government's investment grid analysis, India
presently has more than 1,230 active smart city programs worth above $25.72
billion.
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The growing application of machine learning and artificial
intelligence innovations in crisis management systems that offer real-time data
analysis, as well as predictive competencies, will further augment the
industrial growth. For instance, in September 2022, OnSolve revealed new
critical alert capability, risk intelligence, as well as platform integrations,
at the Global Security Exchange 2022 conference in the United States. Envoy,
ServiceNow, Kisi, and Azure AD are just a few of the new features and
interfaces that are intended to help businesses manage sudden and fluctuating
risks concerning operations and people.
The crisis management market has
been bifurcated in terms of component, solutions, service, hardware, end-use,
and region.
Based on service, the training
& consulting segment is speculated to grow at 10% CAGR from 2023 to 2032.
The crisis management services segment is expanding as it can support
organizations with beneficial training and consulting assistance, supporting
the development of efficient crisis management plans, preparing for potential
crises, and responding appropriately when a crisis arises.
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From
the regional front, the Europe crisis management market is estimated to grow at
more than 5% CAGR from 2023 to 2032. The regional market is witnessing
increased demand as large corporations look for cutting-edge crisis management
software options. In addition, various governments are offering funding and
support to avert crisis situations that arise due to natural disasters, further
fostering the industrial growth in the region.
Partial chapters of report table of contents
(TOC):
Chapter 2 Executive Summary
2.1 Crisis
management industry 360° synopsis, 2018-2032
2.2 Regional
trends
2.3 Component
trends
2.4 End-use
trends
Chapter 3 Crisis Management Market
Industry Insights
3.1 Impact of
COVID-19
3.1.1 North
America
3.1.2 Europe
3.1.3 Asia
Pacific
3.1.4 Latin
America
3.1.5 MEA
3.2 Russia-
Ukraine war impact
3.3 Industry
ecosystem
3.3.1 Raw
material provider
3.3.2
Hardware provider
3.3.3
Software provider
3.3.4 Service
provider
3.3.5
Distributor
3.3.6
End-user
3.3.7 Profit
margin analysis
3.3.8 Vendor
Matrix
3.4
Technology & innovation landscape
3.5 Internet
of Things
3.6 Patent
analysis
3.7 Key
initiative and news
3.8
Regulatory landscape
3.9 Industry
impact forces
3.9.1 Growth
drivers
3.9.1.1 Growing
number of natural disasters
3.9.1.2 Increasing
fire incident in urban area
3.9.1.3 Rising
incidents of cyber-attack worldwide
3.9.1.4 Government
investment to cop up with natural disasters.
3.9.1.5 Infrastructure
advancement for safety in several industries
3.9.2
Industry pitfalls & challenges
3.9.2.1 Limited
resources and high cost of investment in emergency systems
3.9.2.2 Less
reliable due to false alarm alert
3.10 Growth
potential analysis
3.11 Porter's
analysis
3.12 PESTEL
analysis
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