Market Share of Incident and Emergency Management Industry
The existing players in the market, like IBM, NEC Corporation, and Honeywell, are well-penetrated and possess successful strategies to develop new and differentiated products that would increase opportunities for them. Additionally, brand identity has a major influence in this market, as solid brands are considered synonymous with good performance.
In December 2022, Hexagon AB, one of the global leaders in digital reality solutions combining sensor, software, and autonomous technologies, announced the acquisition of Qognify, one of the leading providers of physical security and enterprise incident management software solutions.
In July 2022, critical event management company FocusPoint International, and Trackimo, a leading provider of location-based IoT solutions, announced that the companies would integrate their services to bring a range of smart devices that are linked to the Overwatch and Rescue plan and PULSE platform for optimal outdoor emergency management and response for travelers, drivers, and their cargo throughout the USA and Canada.
Incident and Emergency Management Market Leaders
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IBM Corporation
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Honeywell International Inc.
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NEC Corporation
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Hexagon AB
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The Response Group
*Disclaimer: Major Players sorted in no particular order
