Report ID: UCMIG45E2118
Report ID:
UCMIG45E2118 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the global market for fire department software was estimated at USD 775.3 million in 2021, and it is expected to increase at a CAGR of 11.5% from 2022 to 2030. To provide effective record administration, firefighter tracking, and training, many fire departments in developed nations have migrated to public and private clouds. As more governments launch various initiatives and raise funding for modernising their fire departments, there will likely be a rise in the need for fire department software globally. The market for software for fire departments benefited from the COVID-19 epidemic. Strict lockdown rules were put in place as a result of the pandemic's unexpected onset to stop the virus from spreading.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45E2118