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According to a research report "Incident and Emergency Management Market by Component, (Solutions (Emergency/Mass Notification System, Perimeter Intrusion Detection, and Fire and HAZMAT), Services, and Communication Systems), Simulation, Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the global incident and emergency management market size is expected to grow from USD 117.2 billion in 2020 to USD 156.1 billion by 2025, at a CAGR of 5.9% during the forecast period.Occurrence of unpredictable natural disasters due to the ever-changing climate conditions and growth in terrorist attacks and criminal activities are some of the major factors driving the growth of the market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1280Browse 414 market data Tables and 39 Figures spread through 352 Pages and in-depth TOC on "Incident and Emergency Management Market - Global Forecast to 2025"The education vertical segment is expected to account for the larger market share during the forecast period.Incident and emergency solutions are being used in educational institutions for a long time to make the campus more sustainable.These solutions increase campus-wide efficiency, ensure the safety and security of students and faculty, improve building performance and comfort, streamline institutional operations, reduce operational expenses, and increase long-term financial stability.They also help in informing students, teachers, parents, staff, emergency first responders, and law enforcement agencies about the activities on the campuses and may be used for non-emergency purposes as well, such as for notifying students and faculty about campus updates, class cancellations, course registration reminders, and similar notices.The training and simulation services segment to grow at a higher CAGR during the forecast periodCompanies that provide professional services for the incident and emergency management also offer training on the use of simulation tools, such as traffic simulation systems, hazard propagation simulation tools, and incident and evacuation simulation tools.As a result, these simulation tools that are implemented in the training modules help raise the level of preparedness, response capability, and mitigation of property damage during an emergency.Moreover, training can range from simulating emergency events for a single user to a multiuser and multiagency environment.These services also help minimize people and infrastructure-related losses caused due to the incident.North America estimated to lead the incident and emergency management industry during the forecast periodNorth America is expected to account for the largest share of the incident and emergency management market in 2020.The North American region exhibits a wide presence of key industry players offering incident and emergency management solutions and services, and its financial position enables it to invest majorly in leading tools and technologies for effective business operations.Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1280Honeywell (US), Lockheed Martin (US), Motorola Solutions (US), Siemens (Germany), NEC Corporation (Japan), Collins Aerospace (US), IBM (US), Hexagon (Sweden), Esri (US), MissionMode (US), Alert Technologies (US), The Response Group (US), Everbridge (US), Juvare (US), Haystax Technology (US), Veoci (US), MetricStream (US), Noggin (Australia), LogicGate (US), 4C Strategies (Sweden), Resolver (Canada), BlackBerry (Canada), Eaton (Ireland), Blackboard (US), Desktop Alert (US), OnSolve (US), Singlewire Software (US), xMatters (US), Alertus (US), and Johnson Controls (Ireland) are some of the leading companies operating in this market.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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A new study from Cloudreach and IDC entitled “Cloud Trends 2021” (registration required) surveyed more than 200 CIOs. Questions focused on the COVID-19 pandemic’s effect on the use of cloud computing and digital transformation. Keep in mind that the sponsor has a dog in the hunt in that they sell technology.Of course, it’s the usual “cloud is good,” “cloud is important” stuff you find in most other analyst reports. However, the number that I found interesting is that 27.5 percent stated that large-scale migration to the public cloud was “essential for survival.” Hop in a time machine and just five years ago most enterprises considered cloud as an option for consuming technology such storage and compute, but really not essential. What changed?To read this article in full, please click here
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Putting digital ID solutions in the center of digital transformation is the top-priority of retail banking in 2021.Consumers are gradually developing the habit of using digital channels to purchase necessary goods and services.As the number of online transactions increases, a digital ID network is essential to ensure security and prevent fraudulent transactions.Banks are taking a leading position in implementing digital id solutions.Sinicat - a company that provides electronic identity services - stated that 60% of European consumers expected a 100% digital integration experience related to identity management by 2021.Covid-19 as a factor of leverageThe digital banking trend was well grown before the pandemic, but digital service usage numbers skyrocketed in 2020, especially among new users when the pandemic hit the global.Financial institutions (FI) of all sizes will have to look at the lessons of 2020 when planning and digital banking play a central role.A crowded group of bank customers has expressed interest in using real affiliates more if they offer some of the same conveniences as mobile banking.Blockchain digital ID solutions remove barriers to customer accessCustomers today are frequently asked to provide different organizations with their information about what they are willing to share.
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