Skip to main content

GIS in Disaster Management Market Drivers, Restraints, Opportunities, and Trends in Coming Years

The rising adoption of the GIS technology in government organizations for emergency management is expected to drive the GIS in disaster management market at a high CAGR of 13.7% during the forecast period (2020–2030). The market stood at $2.3 billion in 2019, and it is projected to reach $9.4 billion by 2030. These organizations are deploying advanced technologies for the effective management of disaster situations, assisting communities in preparing for such mishaps, forecasting emergencies, handling search and rescue operations, and estimating the overall damage.

At present, the adoption of GIS-supported applications is escalating at a significant pace due to the digital transformation of the organizations dealing with disaster and emergency management. GIS aids disaster management agencies in the easy collection of updated data on vulnerable locations and evacuation needs. For example, in September 2019, Esri Inc. introduced an application, named Hurricane Aware, which is compatible with its ArcGIS Living Atlas platform. This application offers information support to the National Hurricane Center and the Joint Typhoon Warning Center for predicting hurricanes.


Globally, the North American region made the most use of such solutions for disaster management during 2014–2019. This was due to the surging need for integrating state-of-the-art technologies in geospatial solutions, increasing government spending on disaster management, and rising concerns over the intensifying losses owing to hurricanes, floods, and tornados. Additionally, the strong presence of GIS vendors and a strategic shift of emergency management organizations toward digital information support the adoption of such solutions in the region.

According to P&S Intelligence, the APAC GIS in disaster management market will witness the fastest growth in the coming years. This will be due to the changing climatic conditions and increasing incidence of natural disasters, including earthquakes, cyclones (called typhoons in the Northwestern Pacific Ocean region), and floods, in densely populated nations, such as India, China, South Korea, the Philippines, and Japan. Resultingly, disaster management agencies in APAC are focusing on the adoption of platforms that can help them in better understanding and responding to such events.

Thus, the growing incidence of natural calamities and rising degree of collateral and financial damage due to them are impelling government emergency management organizations to adopt the GIS technology for disaster management.

Comments

Popular posts from this blog

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...

Demand for Webgames Set to Shoot Up in Asia-Pacific in Coming Years

The global webgame market valuation will rise from $3.5 billion in 2019 to $6.5 billion by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 5.7% between 2020 and 2030. Depending on genre, webgames are classified into sports games, real-time strategy games, massive multiplayer online roleplaying games (MMORPGs), arcade games, and first-person shooters. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Out of these, the popularity of first-person shooters will grow sharply across the world in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. These types of games are not like the third-person shooters, in which, the gamers can see the character which they are controlling. As these games are highly engrossing and thrilling, their popularity is soaring rapidly all over the world. Globally, the webgame industry is predicted to exhibit the...

3D Printing Ceramics Market Research by Products & Services, Components & Geography

The technology has created immense opportunities for product designing and helped in consolidating product assembly processes. Ceramics are mainly used for printing plates, cups, and other cutlery items. Ceramic prototypes are also used in high temperature application areas in the aerospace and automotive industries. Get a free sample copy of this report @  https://www.psmarketresearch.com/market-analysis/3d-printing-ceramics-market/report-sample Rapid growth in the 3D printing ceramics market is driven by rise in demand for 3D printing in the dental industry and product modification, and development in various end-use industries. 3D printing is gaining demand in the healthcare industry, especially for dental applications. Ceramics are being preferred for 3D printing of orthopedic and dental implants, and heart valves, due to their characteristics such as inertness, porosity, resistance to high wear, high compression strength, and capability to mold into a variety of shapes...