The escalating incidences of criminal activities, robberies, domestic violence, and partner murders have become pervasive issues, leading to significant disruptions on a global scale. These events cast profound socio-economic impacts, affecting individuals, workplaces, schools, and entire communities, with repercussions on mental health, quality of life, corruption levels, and overall productivity. Notably, the traditional core processes interfacing with first responders have seen minimal evolution since the development of central station systems in the late 20th century. However, the imperative to effectively address criminal activities and disruptions has fueled a rising demand for advanced incident and emergency management solutions. This growing reliance on global incident and emergency solutions is anticipated to drive the market to a value of nearly USD 171.8 billion by 2028, demonstrating an annualized growth rate of 6.7% from 2021 to 2028. In this dynamic landscape, the integration of advanced technologies plays a pivotal role in replacing outdated incident and emergency management systems.
✅ The rising criminal activities, robberies, domestic violence and partner murder leading to major disruption is driving the global incident and emergency management market.
✅ Crime and the violence have enormous global socio-economic impacts for individuals, workplaces, schools and communities. This affects mental health, quality of life, standard of living, life expectancy, corruption and productivity.
✅ The core process used to interface with first responders has not materially changed from the central station system developed in the late 20th century.
✅ The increasing need of adopting advanced incident and emergency management solutions to curb or address the criminal activities or other disrupting incidents is improving the reliance on global incident and emergency solutions furthering the development of global incident and emergency management market.
✅ The market value of global incident and emergency management market is expected to reach close to USD 171.8 billion by 2028 with an annualized growth rate of 6.7% through the forecast span, 2021-2028.
✅ Furthermore, the global incident and emergency management market is primarily reliant on advanced technologies to replace out-of-date incident and emergency management systems.