Chicago, March 07, 2024 (GLOBE NEWSWIRE) — The global Next Generation Emergency Response System Market size is projected to grow from USD 2.4 billion in 2023 to USD 3.3 billion by 2028, at a CAGR of 7.0% during the forecast period, according to a new report by MarketsandMarkets™. With the increasing incidence of mass shootings, terrorist attacks, and natural disasters, there is a growing demand for more effective and efficient emergency response systems. The next generation emergency response systems can help to improve response times and save lives by providing first responders with more information and better situational awareness.
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Next Generation Emergency Response System Market Dynamics:
Drivers:
The proliferation of the Internet of Things (IoT), smart cities, connected vehicles, and wearables.
Enabling proactive incident detection and optimized resource allocation
Connected vehicles, equipped with telematics and Automatic Crash Notification (ACN) systems, provide crucial real-time data.
Restraints:
Cost and infrastructure challenges.
Opportunities:
Adoption of cloud computing.
Offering a multifaceted approach to enhancing capabilities
cloud-based storage solutions offer a cost-effective means of handling large volumes of multimedia data.
List of Key Players in Next Generation Emergency Response System Market:
Motorola Solutions (US)
AT&T (US)
Intrado (US)
Hexagon (Sweden)
Esri (US)
Sinch (Sweden)
Atos (France)
Comtech (US)
Zetron (US)
Everbridge (US)
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Advancements in communication technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), are creating new opportunities for innovation in the emergency response space.
By offering, the software …
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