From GlobeNewswire:

The latest research report by Polaris Market Research highlights the Next Generation Emergency Response System market’s growth potential, valued at USD 3.07 billion in 2023. It is expected to reach USD 5.17 billion by 2032, with a robust 6.0% CAGR. These systems integrate technology to enhance emergency response operations, improve communication, and decision-making.

The rising demand for more advanced emergency response systems is being primarily driven by public expectations for quicker and more efficient responses. Market segmentation is based on offering, end-user, and region, with North America leading in market share. The adoption of IoT, smart cities, and connected cars is transforming next-generation emergency response systems.

The call management software segment holds the largest market share in next generation emergency response systems, enabling quick data collection and response optimization. The emergency medical services segment is projected to witness the fastest growth, emphasizing full emergency treatment and real-time information sharing. Industry players are incorporating technologies like AI and ML for quick data analysis and better resource identification.



Read more at GlobeNewswire: Next Generation Emergency Response System Market Size