The size of the smart emergency market

Mondo Finance Updated on 2024-01-29

Smart emergency refers to the use of cloud computing, big data, Internet of Things, artificial intelligence and other new generation of information technology to provide intelligent products and services for the prevention and emergency preparedness, early warning and monitoring, emergency disposal and rescue, post-event recovery and reconstruction of emergency management, and improve the efficiency and level of emergency management. Smart emergency response is an important support for responding to various emergencies, and it is also the only way to improve the modernization of emergency management capabilities.

The smart emergency market refers to the market for products and services related to smart emergency, including digital platforms, application solutions, hardware equipment, etc. The development of the smart emergency market is guided and supported by national policies, and is also driven and stimulated by social needs. The size of the smart emergency market reflects the development level and application degree of smart emergency response. According to a research report by the International Data Corporation (IDC), the overall market size of China's smart emergency response will be 10.4 billion yuan in 2022.

The growth of the smart emergency response market is mainly influenced by the following factors.

1. Policy planning and input.

Many relevant policies have clearly put forward the goal and path of establishing an emergency response system with Chinese characteristics that is compatible with the basic realization of modernization, and emphasized the importance and necessity of smart emergency response.

2. The market demand at the local level continues to expand.

With the further extension of the emergency response capacity system to the grassroots level, the market sinking trend is obvious. The public's awareness of grassroots governance, risk avoidance protection, and improving self-help and mutual rescue capabilities is gradually improving, and the market needs to develop and innovate products and systems according to the characteristics and emergency needs of different groups.

3. Innovation and integration at the technical level.

The rapid development of a new generation of information technology such as the Internet of Things, cloud computing, and artificial intelligence has provided strong technical support and innovation power for smart emergency response. This kind of advanced technology can assist the smart emergency industry to realize the systematic collection and analysis of information, help relevant personnel achieve accurate prediction, and provide strong technical support for public safety governance.

Development prospects and trends of the smart emergency market.

The Ministry of Industry and Information Technology has proposed that the country's scientific and technological informatization level will be greatly improved in 2025, and it is expected that the industrial scale of key areas of safety and emergency equipment may exceed 1 trillion. With the gradual implementation of planning policies, the new demand will be gradually released by 2025. At the same time, with the development of social economy and the increase of risks and challenges, the importance and urgency of emergency management will continue to increase, the value and significance of smart emergency will become more prominent, and the market scale will continue to grow.

At the same time, the leading solution providers in the field of emergency safety will provide more professional, customized and intelligent products and services around different emergency scenarios and needs to meet the diversified and personalized needs of emergency management.

Market competition will become more intense, and win-win cooperation will become the mainstream model. The participants in the smart emergency market will be more diversified, including traditional emergency equipment manufacturers, IT service providers, Internet companies, and technological innovation enterprises. The market competition will be more intense, but at the same time, it will also give rise to more opportunities and models for win-win cooperation. The development of the smart emergency market requires the coordination and cooperation of all parties to form a benign ecosystem.

Related Pages