GIS in Disaster Management Market By Trends, Growth, Regions size and Forecast up to 2030


Posted October 26, 2020 by devanshuraizada

The increasing number of natural calamities is one of the key factors driving the requirement for geographic information systems for disaster management
 
The increasing number of natural calamities is one of the key factors driving the requirement for geographic information systems for disaster management. The software is being utilized for assessing safe shelter areas, providing early warnings after real-time tracking, identifying the potential impact on bridges, roads, and buildings, and evaluating emergency supply distribution. The Weather, Climate, and Catastrophe Insight: 2019 Annual Report says that 409 natural disasters resulted in losses of $232 billion in 2019, with floods proving the most severe, leading to an $82 billion financial loss.

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Another significant propellor of the GIS in disaster management market is the increasing adoption of advanced technology by government departments. Geographic information systems are being used to help people prepare for disasters, effectively manage disaster situations, predict emergencies, carry out search and rescue operations, and estimate the overall damage. For instance, after over 30 tornadoes hit Alabama, Florida, and Georgia in March 2019, the National Weather Service (NWS), National Oceanic and Atmospheric Administration (NOAA), and Alabama Emergency Management Agency deployed geographic information system to map their route and strength.

During the historical period, North America was the largest contributor to the GIS in disaster management market, and it will continue being so till 2030. Here, investments in geographic-information-system-equipped emergency management approaches are increasing, the government is offering strong support, and the public is becoming rapidly aware of disasters and mitigation strategies. The highest CAGR during the forecast period will be seen by the Asia-Pacific (APAC) region, as a result of the rising incidence of natural disasters in India, China, the Philippines, Japan, and South Korea and increasing containment efforts by governments.

This market research report provides a comprehensive overview of the GIS in disaster management market

Historical and the present size of the GIS in disaster management market
Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential
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Issued By Devanshu
Country United States
Categories Business
Last Updated October 26, 2020