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Global Intelligent Emergency Response System and Infrastructure (IRIS) Market Share, Application Analysis, Regional outlook, Growth, Trends, Key Players, Competitive Strategies and Forecast 2021 to 2030

In a recently published report, Global Intelligent Emergency Response System and Infrastructure (IRIS) Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for .. products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Emergency situations such as terrorist attacks and earthquakes require immediate understanding and rapid institutional (governments, medicals responders) response to manage the ensuing chaos and prevent large scale damage. Intelligent emergency response systems leverage smart technology to fulfil this critical need efficiently. One practical function of such systems is the ability to send customized content (directions, survival guides, etc.) to a large set of audiences in a particular region.

Market dynamics
Rapid growth in industries and verticals (such as energy & power, mining, etc.) which house high-personnel and contain sensitive equipment and materials is a major driver for the IRSI market. Apart from new industrial growth, the modernization of existing plants and commercial buildings in line with new regulations and industry standards is also a major driving factor. These developments are particularly expected to increase the usage of sensors in IRSI solutions.

Market segmentation
The important components for Global Intelligent Emergency Response System and Infrastructure market are sensors which accounts for 40.31% share and then followed by Detectors and Programmable Logic Controller (PLC).

IRSI is applied and encompasses multiple sectors, such as Gas, Oil and Power, defence, Mining and others. Along with them defence is another major growth segment in this intelligent emergency response system market due to very high need to upgrade or replace obsolete emergency response systems.

Geographic Analysis
North America has the largest market share of 34.23% in 2014 followed by Europe in usage of Global Intelligent Emergency Response Systems. United States, accounting for $9.38 billion in 2014, is the key region driving the North America IRSI market growth, owing to rising need for new standards and regulations to rejuvenate emergency response in the nations.


Shift in the focus of government towards advanced solutions with public-private partnerships and increasing penetration of advanced technological solutions in emergency situations is expected to drive Asia-Pacific region for the forecast period in increased usage of Global Intelligent Emergency Response Systems.

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OPPORTUNITY
Emergence of Decision Support System (DSS), which is a data-driven information system that assists in decision making, with new features and models is expected to change the market dynamics for IRSI market. Integration of DSS with core IRSI functionality helps institutions in taking rational decisions in times of emergencies.

Key players
Some of the key players are:
Honeywell
Bosch
Axis
Digital Acoustics
AtHoc Inc.
Everbridge Inc.

Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Contact Us
Kenneth Research
Email : sales@kennethresearch.com
Phone: +1 313 462 0609

Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

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