Fire Department Software Market Estimated To Witness Remarkable Growth Of CAGR Of 11.6% From 2023 To 2030

Posted by Neha Bora on August 16th, 2023

San Francisco, 16 Aug 2023: The Report Fire Department Software Market Size, Share & Trends Analysis Report By Software Type, By Deployment (Cloud Based, On-premise), By Enterprise Size, By End-users, By Region, And Segment Forecasts, 2023 - 2030

The global fire department software market size is expected to reach a valuation of USD 2.06 billion in 2030, expanding at 11.6% CAGR from 2023 to 2030,according to a new study from Grand View Research, Inc. Increasing adoption of cloud-based technologies across various government sectors, the rapid growth of mobile and web-based software, and the rising need for modernization across fire departments are major drivers of market growth. In addition, growing awareness about fire safety services is also expected to fuel the market growth.

The COVID-19 pandemic has increased the spending on modernization across the government sector, especially in the adoption of software solutions to streamline operations. Owing to the increasing number of fire incidents across the world in the past years, the need for fire department software has also significantly increased to help manage the growing workload in fire departments.

The demand for fire safety coverage has increased dramatically in recent years, while the development of fire services has stalled. The rapid construction of industrial plants with extensive use of hazardous materials, as well as the construction of larger and taller buildings, has multiplied the problems of firefighting and other emergency response service providers. Fire dangers are no longer limited to major cities and industrial areas.

Every day, large quantities of hazardous commodities are transported by various modes of transportation across the world, posing complex fire rescue problems. If the goal of ensuring the safety of life and property in urban and rural areas is to be met amid these changing circumstances, a complete overhaul of the fire service organizations is required.

The need for digitization across fire departments is escalating rapidly as they must cope with ever-increasing fire incidents due to the growing use of hazardous materials, new construction projects, and rapid industrialization. The COVID-19 pandemic accelerated digital transformation in the government sector, resulting in the increasing adoption of cloud-oriented services and solutions by fire departments. Various government agencies launched modernization projects in response to the increasing requirements presented by the pandemic. Furthermore, various government regulations in developed and developing economies have also encouraged the adoption of enterprise solutions like fire department software.

Access Research Report of Fire Department Software Market https://www.grandviewresearch.com/industry-analysis/fire-department-software-market-report

Fire Department Software Market Report Highlights

  • The fire risk analysis segment is anticipated to observe a CAGR of 12.7% during the forecast period. Machine learning algorithms are used in fire risk analysis software to analyze historical data and find patterns and trends pointing to a rise in fire threats. This is anticipated to propel the demand for the market
  • The cloud-based segment is anticipated to observe a CAGR of 11.9% during the forecast period. Surged adoption of cloud technologies to reduce database management costs and increase workload management efficiency is attributed to the market growth
  • The small & medium enterprises segment is anticipated to observe a CAGR of 12.0% during the forecast period. Small & medium enterprises are competing with already established large organizations and must undertake modernization and transformation activities to increase their efficiency
  • The regulatory bodies segment is anticipated to observe a CAGR of 13.1% during the forecast period. For fire departments to deploy new software and technology most efficiently and effectively as possible, regulatory organizations provide recommendations on best practices. This is expected to fuel the demand for the segmental growth of the market.
  • Asia Pacific region is expected to grow with the fastest CAGR of 12.4% from 2023 to 2030, owing to the rise in investments in the government sector and increasing awareness of fire safety services. The increasing development of technological infrastructure coupled with the high need for modernization, especially in the government sector, is expected to fuel market growth in the region
  • Key market players in the market have an extended operating history, a large customer base, and significant competitive strengths. In addition to the inorganic growth strategies, vendors emphasize improving after-sale service offerings to ensure periodic maintenance of installed products

Fire Department Software Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 956.7 million

Revenue forecast in 2030

USD 2.06 billion

Growth Rate

CAGR of 11.6% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

List of Key Players in the Fire Department Software Market

  • firecloud365
  • Vector Solutions
  • ESO Solutions, Inc.
  • Tyler Technologies, Inc.
  • Accela, Inc.
  • ZOLL Medical Corporation
  • ImageTrend
  • EPR Systems, Inc
  • Robert Bosch GmbH
  • Eaton
  • Gentex Corp.
  • United Technologies Corp
  • Space Age Electronics
  • Halma plc
  • Hitachi Ltd.
  • Siemens Building Technologies
  • Hochiki Corp.
  • Nittan Company, Ltd.
  • Honeywell International, Inc.
  • Napco Security Technologies, Inc.
  • Johnson Controls
  • FirePrograms Software
  • StationSmarts
  • CivicPlus
  • Adashi Systems, LLC

Access Press Release of Fire Department Software Market @ https://www.grandviewresearch.com/press-release/global-fire-department-software-market

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Neha Bora

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Neha Bora
Joined: September 16th, 2019
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