Disaster Preparedness Systems Market by Component (Services, Software, System), End-use (Aerospace & Defense, BFSI, Energy & Utilities) - Global Forecast 2024-2030

Disaster Preparedness Systems Market by Component (Services, Software, System), End-use (Aerospace & Defense, BFSI, Energy & Utilities) - Global Forecast 2024-2030

The Disaster Preparedness Systems Market size was estimated at USD 172.94 billion in 2023 and expected to reach USD 186.62 billion in 2024, at a CAGR 8.19% to reach USD 300.20 billion by 2030.

Disaster preparedness systems refer to the set of protocols, tools, resources, and procedures developed and implemented to anticipate, plan for, and ultimately provide a structured response to disasters and emergencies. The principal aim of these systems is to minimize the adverse effects of disasters through advanced readiness. The market for disaster preparedness systems encompasses a variety of products, services, and solutions aimed at preparing individuals, communities, businesses, and governmental entities to effectively respond to and recover from various emergencies, including natural disasters, technological incidents, and other disruptive events. These systems range from early warning mechanisms, communication tools, and emergency kits to training programs and consulting services related to disaster management and response planning. Disaster preparedness systems find application across various sectors, such as residential, commercial, industrial, and public services. Factors influencing the need for the disaster preparedness systems market include the increasing frequency and severity of natural calamities, heightened awareness of risks, technological advancements in early warning and communication systems, governmental regulations and initiatives promoting disaster readiness, and global interconnectedness necessitating robust disaster management strategies. However, the market faces certain challenges, such as high costs associated with the deployment and maintenance of disaster preparedness systems and false alarm rate issues with disaster preparedness systems, hindering market adoption. On the other hand, rising technological advancements in early warning and communication systems and the growing need for rapid rise in the demand for disaster preparedness systems for smart city projects support the expansion of disaster preparedness systems.

Regional Insights

The Americas, particularly the United States, sees a variety of natural disasters, including hurricanes, wildfires, and earthquakes, leading to diversified demand for preparedness systems. There is significant spending on disaster preparedness in the U.S., with a focus on modernizing infrastructure and investing in smart technologies. Recent patents show progress in areas such as real-time monitoring and predictive analytics. Climate change has become a central concern in Canada, leading to investment in disaster response strategies for extreme weather events. In contrast, South American countries such as Brazil, Argentina, Peru, Chile, and Colombia often operate under more constrained resources while facing similar natural calamities. Opportunities in these regions include developing localized, cost-effective disaster response solutions that can handle diverse geographic and climatic conditions. In European countries, including Germany, France, and Finland, cross-national cooperation, such as the EU Civil Protection Mechanism, is strongly emphasized in disaster management. Germany has a robust disaster management system structured around the Federal Office of Civil Protection and Disaster Assistance (BBK). Technology adoption and interoperability between various disaster management entities are high on the agenda. The UK has been enhancing its disaster preparedness through government initiatives and private-sector innovation. The Civil Contingencies Act provides the regulatory backbone, stipulating the responsibilities of public agencies in emergencies. In the Middle East, water starvation and extreme temperatures drive the need for innovative solutions, which has resulted in research into drought-resistant agricultural systems and water resource management. In Africa, the focus is on developing basic infrastructure that can withstand extreme weather, with international aid playing a significant role in investment and initiatives. The Asia-Pacific region is highly diverse, encompassing high-risk areas susceptible to typhoons, earthquakes, and tsunamis. Significant investments in infrastructure and developing technologies that can predict earthquakes have been priorities for China. Japan has a robust disaster preparedness infrastructure, advanced warning systems, and strong public education. The demand for seismic reinforcement of buildings is high due to frequent earthquakes. In India, rising awareness and increased government initiatives such as the National Disaster Management Plan reflect the growing market for disaster management systems.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Disaster Preparedness Systems Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increasing frequency and severity of natural disasters with climate change and global warming
    • Growing need for real-time monitoring and early warning systems to minimize damage
    • Rising demand for geospatial information to identify the accurate location of the emergency
    • Market Restraints
      • High costs associated with deployment and maintenance of disaster preparedness systems
      • Market Opportunities
        • Rising technological advancements in early warning and communication systems
        • Rapid rise in the need for disaster preparedness systems for smart city projects
        • Market Challenges
          • Low confidence rates and false alarm issues with disaster preparedness systems
          • Market Segmentation Analysis
            • Component: Growing adoption of consulting services to assess, plan, and strategize their disaster preparedness initiatives
            • End-Use: Growing potential of disaster preparedness systems across aerospace & defense sector to manage risks associated with natural and man-made disasters
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Disaster Preparedness Systems Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Disaster Preparedness Systems Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Presight signs MoUs with NEC and DeepTech Engineering to add AI-enabled flood and earthquake monitoring to its Emergency Response Management Platform
              
              Presight partnered with NEC Corporation and DeepTech Engineering at GITEX GLOBAL. These strategic alliances, underscored by the signing of Memorandums of Understanding (MoUs), aim to bolster the capabilities of the Presight Emergency Response Management Platform.
              
              BlackBerry to Create New “Super Enterprise” for DHS
              
              The United States Department of Homeland Security (DHS) selected BlackBerry Limited to develop the Super Enterprise for Personnel Emergency Notification System (PENS) under a seven-year, Indefinite Delivery, Indefinite Quantity (IDIQ) contract. Collaborating with American Systems and 4 Points Technology, BlackBerry implemented its BlackBerry AtHoc system, a leading critical event management solution, across the DHS enterprise, ensuring all employees and contractors are accountable, particularly during crises.
              
              NEMA Raises the bar on Disaster Preparedness and Mitigation
              
              The National Emergency Management Agency (NEMA) is advancing its disaster preparedness and mitigation strategies by concentrating on human capital development for internal staff and external stakeholders. In collaboration with notable international organizations, including the United Nations Office for Coordination of Humanitarian Affairs (UN-OCHA) and the United States Forest Service through USAID support, NEMA has recently conducted comprehensive training in Abuja, developing 125 personnel in critical disaster management competencies.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Disaster Preparedness Systems Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Disaster Preparedness Systems Market, highlighting leading vendors and their innovative profiles. These include 11:11 Systems Inc., 3M Company, Alert Technologies Corporation, Alertus Technologies LLC, Amazon Web Services, Inc., Atos SE, BlackBerry Limited, Broadcom Inc., CHR Solutions, Druva Inc., Eaton Corporation PLC, ESRI, Everbridge, Inc, GeoSIG Ltd., Google LLC by Alphabet Inc., Hagerty Consulting Inc., Haystax Technology by Fishtech LLC, Hewlett Packard Enterprise Company, Hexagon AB, Honeywell International Inc., ICF International, Inc., International Business Machines Corporation, Japan Radio Co., Ltd. by Nisshinbo Holdings Inc., Johnson Controls International PLC, Juvare, LLC, Kenyon International Emergency Services, Lockheed Martin Corporation, Microsoft Corporation, Motorola Solutions, Inc., NEC Corporation, OnSolve, Open Text Corporation, Oracle Corporation, Resolver Inc. by Kroll, LLC, Rolta India Limited, RTX Corporation, Samsung Electronics Co., Ltd., SeismicAI Ltd., Siemens AG, Singlewire Software, LLC, Telegrafia, a.s., TRUSTIA Corporation, and Veoci Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Disaster Preparedness Systems Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Component
              • Services
                • Consulting Services
                • Design & Integration Services
                • Support & Maintenance Services
                • Training & Education Services
                • Software
                  • Communication & Alert Software
                  • Damage Assessment & Recovery Software
                  • Geographic Information Software
                  • Resource Management Software
                  • Simulation & Modeling Software
                  • System
                    • Disaster Recovery & Backup System
                    • Earthquake/Seismic Warning System
                    • Emergency/Mass Notification System
                    • Safety Management System
                    • Surveillance System
                    • End-use
                      • Aerospace & Defense
                      • BFSI
                      • Energy & Utilities
                      • Healthcare
                      • IT & Telecom
                      • Manufacturing
                      • Public Sector
                      • Transportation & Logistics
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • Bangladesh
                              • China
                              • Fiji
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Pakistan
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom
                                
                                
                                Please Note: PDF & Excel + Online Access - 1 Year