Incident and Emergency Management Market Growing at 4.8% CAGR to 2020
Energy & utilities vertical of incident and emergency management market is expected to grow at the highest CAGR during the forecast period from 2015 to 2020 across the globe according to this new research report.
According to a new report, the energy & utilities vertical is expected to grow at the highest CAGR during the forecast period from 2015 to 2020. These incident and emergency management market solutions have emerged as the key to solve a range of manufacturing challenges, encompassing quality assurance policies, and procedures. These solutions help in finding and screening new offshore partners, controlling international production processes, improving customer relationships, and delivering consistent training.
The main challenging factor for incident and emergency management market is the unawareness and lack of knowledge among the consumers about the usage of this technology and its solutions. The existence of outdated incident and emergency infrastructure technology has raised a concern for governments all over the world. To tackle such issues, governments and vendors are upgrading the installed incident and emergency management technology; they are also organizing advanced products- and services-related campaigns, while providing adequate training to the concerned masses about the benefits and usage of this technology.
North America is one of the largest consumers of the incident and emergency management market services and technologies. This region has been more vulnerable to the natural calamities and disasters, such as cyclones, floods, and earthquakes. In the recent years, this region has also become prone to various man-made disasters, such as terrorist attacks, strikes & protests, and chemical attacks. These issues have pushed the market for incident and emergency management in North American region.
The complete report issued by reportsandreports on incident and emergency management market is spread across 150 pages, profiling 10 major companies and supported with 77 tables and 63 figures. The report is now available.