Disaster Management Market to see Huge Growth by 2029

The global disaster management market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2023-2030). Changes in climate conditions, especially the warming of global temperatures increase the likelihood of weather-related natural disasters. Hotter global temperatures increase the risk of droughts as well as increase the intensity of storms and create wetter monsoons.According to the World Metrological Organization (WMO), in August 2021, The number of disasters has increased by a factor of five over the 50-year period, driven by climate change, more extreme weather, and improved reporting. The mortality and economic losses from weather, climate, and water extremes (1970 – 2019), there were more than 11 000 reported disasters attributed to these hazards globally, with just over 2 million fatalities and $ 3.64 trillion in losses.

With the advancement of natural disasters application program interface (API) that offers real-time flood alerts. It provides timely information on flood events, including alerts, flood severity, affected areas, and water levels. By integrating API, immediate flood alerts and responses to flood situations monitor effectively.For Instance, in August 2023, Ambee launched natural disasters API-real-time and historical data for effective disaster management. Ambee’s natural disasters API provides real-time and historical data on various natural disasters like earthquakes, cyclones, floods, volcanoes, droughts, and forest fires. Various emergency management software is the software used by local, state, and federal emergency management personnel to deal with a wide range of disasters. For Instance, in September 2020, Commvault launched a standalone software product focused on business continuity and disaster recovery (BCDR) called Commvault Disaster Recovery. This software replicates data across VMware sites and automates recovery processes. It supports VMware Cloud on AWS, Microsoft Azure VMware Solution, Google Cloud VMware Engine, and Oracle Cloud VMware Solution.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Solutions
  • By Communication Technology
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- includes Honeywell International Inc., Lockheed Martin Corp., NEC Corp., Siemens AG, and others.

Disaster Management Market Report Segment

By Solutions 

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

By Communication Technology

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

By Application

  • Natural Disasters
  • Man-made Disasters
  • Hybrid Disasters

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Disaster Management Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

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

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