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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