U.S. Emergency Management Services Market Poised to Rake US$ 13,954 Mn by 2024 | Page 2
R e s e a r c h
Report Media Releases
U.S. Emergency Management Services Market Revenue to
Register a CAGR of 7.8% During 2016–2024, Driven by
Increase in Disasters and Shifting of U.S. Demographics
According to a recent market report published by Persistence Market Research
titled, “Emergency Management Services Market: U.S. Industry Analysis and Forecast,
2016–2024”, the U.S. emergency management services marketwas valued at US$ 7,100 Mn in
M a r k e t
2015, and is expected to register a CAGR of 7.8% from 2016 to 2024. The market will be valued
at 13,954 Mn at the end of the forecast period in 2024.
An increase in aging population in the U.S. and increasing number of people residing in more
densely populated urban and coastal areas results in higher concentrations of individuals and
assets in a particular area which increases vulnerability due to impact from severe weather and
other calamities. This is a major factor which drives the U.S. emergency management services
market.
In addition, growing levels of threats related to increased disaster, terror attacks, biological
hazards, and shootings in the U.S. are expected to drive growth of the emergency management
P e r s i s t e n c e
services market in the U.S. to a significant extent in the near future. Increase in complexity and
uncertainty of disasters and uncertainty in government budget allocation are the key factors
expected to restrain the growth of the U.S. emergency management services market over the
forecast period.
Download Sample Report @ http://www.persistencemarketresearch.com/samples/12118
A growing number of smart city initiatives in the U.S. is anticipated to create lucrative
opportunities for various key players operating in the U.S. emergency management services
market over the next eight years. Also, big data and analytics solutions can be utilized to analyze
the vast volumes of data generated and gathered during disaster response activities and be
effectively validated in order to plan and implement efficient measures to respond to such
calamities. These are some of the trends likely to govern the U.S emergency management
services market in the near future.
U.S. Emergency Management Services Market 2016-2026