San Francisco, California, November 15, 2018: According to a recent market research report by TMR Research, the global market for emergency management and incident management will witness the increased integration of sensors and innovative M2M communication technologies in new-age devices in the near future. The report is titled “Emergency Management and Incident Management Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017–2025.”
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The improved capability of new-age advanced technologies to provide a more effective management and real-time analysis of risks associated with natural calamities is expected to compel governments to replace conventional devices with more effective technologies with smart sensing features. This will have a notable influence on the global emergency management and incident management market and in the next few years, sensor-based devices and technologies will become central to most emergency management and incident management solutions.
The market is expected to benefit from the increased awareness regarding the benefits of remote sensing devices in gaining a reliable, economical, consistent, and synoptic set of data pertaining to anthropogenic and natural incidents, which can further improve the way in which emergency and incident management situations are acted upon. The market is also driven by the vast developments witnessed in the past few years in the fields of real-time data acquisition and hardware/software integration.
The market is expected to witness vast developments and the emergence of products that use fully integrated and economical sensor systems capable of improving the management of mobile emergency assets. From a geographical standpoint, the markets in Europe and North America presently account for the dominant share in the overall market.
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Some of the leading companies operating in the global emergency management and incident management market are Siemens AG, Northrop Grumman, Cassidian, Honeywell International, Guardly Corp., Booz Allen Hamilton Inc., Motorola Solutions, Intergraph Corporation, Lockheed Martin, VT MAK, and Tata Consultancy Services.