Natural Disaster Detection IoT Market Trends, Size, Share, Growth, Industry Analysis, Advance Technology and Forecast 2027

February 02 09:26 2023
Natural Disaster Detection IoT Market Trends, Size, Share, Growth, Industry Analysis, Advance Technology and Forecast 2027
NEC Corporation (Japan), BlackBerry (Canada), Semtech (US), SAP (Germany), Sony (Japan), Nokia (Finland), Sadeem Technology (Saudi Arabia), Lumineye (US), Venti LLC (US), SimpliSafe (India), One Concern (US), OnSolve (US), Trinity Mobility (India), SkyAlert (Mexico), Serinus (Germany), Knowx Innovations (India), OgoXe (France).
Natural Disaster Detection IoT Market by Component (Hardware, Solutions, Services), Application (Flood Detection, Drought Detection), Communication System (First Responder Tools, Vehicle-ready Gateways), End User and Region – Global Forecast to 2027

The Natural Disaster Detection IoT Market size is projected to grow from USD 0.3 billion in 2022 to USD 1.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 36.0% during the forecast period. The use of IoT devices and sensors to predict disasters is driving the growth of the natural disaster detection IoT market.

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Professional services segment is estimated to lead the natural disaster detection IoT market in 2022

Professional services offer optimization services and customized services and ensure operational proficiency, design support, solution validation, and knowledge management. Professional services include consulting, deployment and integration, support and maintenance, and training and simulation.

First Responder Tools segment is expected to have a higher growth rate during the forecast period

To benefit First Responders (FRs) with the latest technologies such as IoT, AI, and smart devices are offered to FRs and rescuers to create a safer, more efficient, and technologically advanced operating framework. Proposals are made covering the topics such as sense augmentation, precise positioning, cognitive support, multi-sense XR interfaces, and robust communications. Tools using technologies such as wearable technologies, training tools and applications, devices and tools to enhance human sensing, cognitive load management, situational awareness, operating teams’ management, robust communications in adverse environments, technologies for victim detection, tools to enhance safety and efficiency of FRs, and cognitive load management are applied.

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The major vendors covered in the natural disaster detection IoT market are The major players in the natural disaster detection IoT market are NEC Corporation (Japan), BlackBerry (Canada), Semtech (US), SAP (Germany), Sony (Japan), Nokia (Finland), Sadeem Technology (Saudi Arabia), Lumineye (US), Venti LLC (US), SimpliSafe (India), One Concern (US), OnSolve (US), Trinity Mobility (India), SkyAlert (Mexico), Serinus (Germany), Knowx Innovations (India), OgoXe (France), Aplicaciones Tecnológicas SA (Spain), Earth Networks (US), Responscity Systems (India), Sensoterra (Netherlands), Intel (US), Grillo (Brazil), Bulfro Monitech (India), and Green Stream Technologies (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches, to expand their presence in the natural disaster detection IoT market.

NEC Corporation engages in the computing and communications applications of systems, components, services, and integrated solutions. It operates through the following segments: Public Business, Enterprise Business, System Platform Business, Telecom Carrier Business, and Others. The Public Business segment provides outsourcing and cloud services, system integration, system architecture and consulting support, and system equipment for medical, public, and financial institutions. The information technology solutions are offered by the Enterprise Business segment for manufacturing, retail, and services. The equipment to telecom carriers is supplied by the telecom carrier business segment for network implementation, network control platform, and operating services. The System Platform Business deals with businesses such as terminals to network and computer equipment, software products, and service platforms. The Others segment includes smart energy solutions, mobile phones, and lighting equipment businesses.

BlackBerry is a leader in cybersecurity—helping businesses, government agencies, and safety-critical institutions using IoT. BlackBerry products and services include the Cylance, BlackBerry UEM management platform, the BlackBerry AtHoc critical event management solution, and BlackBerry QNX software for secure embedded systems. The company provides intelligent security software and services to enterprises and governments around the world. It is based in Waterloo, Ontario, and leverages AI and ML to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy.

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