GIS in Disaster Management Market Share, Size, Future Demand, Top Leading player, and Emerging Trends


Posted June 10, 2021 by devanshuraizada

Globally, the North American region made the most use of such solutions for disaster management during 2014–2019.
 
The technology segment of the GIS in disaster management market is categorized into satellite imaging, remote sensing, and light detection and ranging (LiDAR). Among these, the remote sensing category held the largest market share in 2019 due to the heavy utilization of this technology for the accurate inspection of disaster-affected areas and quick evaluation of the impact. The technology aids in capturing pictures of the affected areas at a lower cost in comparison to helicopter-based data monitoring.

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Remote sensing also offers detailed geospatial classification and coverage. 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. 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.

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. 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.
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Issued By Devanshu
Country United States
Categories Business
Last Updated June 10, 2021