Natural Disaster Detection IoT Market

[261 Pages Report] The global 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. Predicting possibilities of upcoming disasters with sensors, AI, and deep learning technologies is driving market growth.

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Market Dynamics

Driver: Use of IoT devices and sensors to predict disasters in advance

Preparing for a natural disaster is a continuous process. With the assistance of technology, it is crucial that natural hazards need not become catastrophes to support the general public and the government with protective measures. The near-real-time data is collected by the IoT devices and by the sensors, such as volcanic activity, water levels, and barometric readings. Wildfires, tornadoes, volcanic activities, cloudbursts, and earthquakes are detected by the sensors, and they deliver early warnings. Also, predictive maintenance can protect critical infrastructure or any infrastructure. Sensors enable relief from hazards by monitoring pollutants and contaminants, also consisting of radioactive situations. Lately, scientists have been employing sensors to gather vast amounts of seismic data and analyzing it with AI to assess the size and patterns of earthquakes. This data facilitates prediction more accurately when earthquakes will occur. The precision of the IoT-based system is considerably greater than that of traditional prediction methods.

Restraint: Vulnerabilities of IoT devices

With the advancements in the IoT industry, there is an increment in the variety and quantity of IoT devices. IoT devices have been widely used in smart wear, smart homes, smart cars, smart manufacturing, smart medical care, and many other life-related fields. Every internet-connected device, such as smartphones, laptops, and wearables, acts as a node within a global hazard-tracking system. Each IoT device could act as a sensor that detects surrounding atmospheric conditions and transmits vital data to natural disaster researchers. With it, security vulnerabilities of IoT devices are continually emerging. The rise in security vulnerabilities will bring severe risks if it fails.

Opportunity: Growing adoption of satellite remote sensing and GIS for disaster risk minimization and prevention

Satellite remote sensing consists of wide-ranging areas, and it functions 24/7 and in all types of weather. It is used to examine the earth's surface and atmosphere to monitor disasters and explore resources. Human factors, such as system users and operators working in disaster management and response and technical factors, are crucial in applying satellite remote sensing to disaster management support. The combination of different kinds of data using models is allowed by GIS. The combination of the different kinds of spatial data with non-spatial data is made possible with GIS, and attribute data and use them as useful information in the different stages of disaster management. GIS lets emergency management requirements are identified before an incident. Disaster events, such as tsunamis, wildfires, floods, earthquakes, hurricanes, chemical cloud dispersion, and oil spills, can be modeled and displayed in GIS. This helps in disaster risk minimization and prevention.

Challenge: Communication gets hampered in the disaster region

In situations where natural disasters have occurred, the efficiency of disaster response operations is very vital in saving human life. However, there are challenges in the efficiency of communication systems, consisting of cellular networks, that usually crash due to numerous causes making the coordination among many disordered disaster response workers extremely difficult. By breaking the communication blockage, the survival rate can be greatly increased. At the site, the sensor and satellite collect data that must be communicated to the Disaster Management Unit (DMU) so that required actions can be taken as quickly as possible. The challenge may arise that the internet services may be disrupted due to the disaster. In such a situation, the DMU shall make preliminary decisions on the basis of the last received data.

Rescue personnel segment is projected to grow at the fastest rate during the forecast period.

Enhanced communications systems assist in rescue work. IoT devices can help in search and rescue operations, as well as monitor post-disaster conditions and levels of essential resource stockpiles. IoT can continue to be used to distribute information to the public while normal communications are still being repaired. Search and rescue, emergency relief, and minimizing hazards created by the disaster. IoT devices are efficient in saving lives and minimizing the costs spent on relief measures. They can also make rescue operations easier for emergency services personnel. Therefore, IoT technology is highly adopted by rescue personnel.

Flood detection segment is set to account for the largest market share during the forecast period

To detect and avoid natural disasters, such as floods in a timely manner, evolving technology plays a vital role. With the support of an IoT-based early flood-related parameter monitoring and detection system, it is possible to prevent natural disasters caused by flooding. This model is proposed and is utilized for monitoring the water level, variations in flow, humidity, and temperature variation in the river, and the same can be used at dams or reservoirs. Then the assessed values are consistently updated on the web server, which is used to send flood alerts to authorities and people for faster action.

North America to account for the largest market share during the forecast period

North America has faced various types of natural disasters, such as earthquakes, droughts, mudslides, flooding, hurricanes, tornadoes, and tsunamis. These situations severely affect human life, and also, there is a major effect on finance due to the smashing of expensive infrastructure, homes, and the environment. The leaders in the region are expected to adopt IoT solutions for natural disaster detection, such as satellite IoT solutions, to decrease the loss of life and damage to property and infrastructure.

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Key Market Players

The natural disaster detection IoT market vendors have implemented various organic and inorganic growth strategies, such as new product launches, product upgrades, partnerships and agreements, business expansions, and mergers and acquisitions to strengthen their offerings in the market. The major vendors in the global 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). The study includes an in-depth competitive analysis of these key players in the natural disaster detection IoT market with their company profiles, recent developments, and key market strategies.

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Scope of the Report

This research report categorizes the natural disaster detection IoT market to forecast revenues and analyze trends in each of the following subsegments:

By Component

• Hardware
• Solutions
  • Beacon
  • Floating Sensor Network
  • Lightning Detector System
  • Acoustic Real-Time Monitoring System
  • Early Warning System
  • Other Solutions
• Services
  • Professional Services
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Training and Simulation
  • Managed Services

By Application

• Flood Detection
• Drought Detection
• Wildfire Detection
• Landslide Detection
• Earthquake Detection
• Weather Monitoring
• Other Applications

By Communication System

• First Responder Tools
• Satellite-Assisted Equipment
• Vehicle-Ready Gateways
• Emergency Response Radars

By End User

• Government Organizations
• Private Companies
• Law Enforcement Agencies
• Rescue Personnel

By Region

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia and New Zealand
  • Southeast Asia
  • Rest of Asia Pacific
• Middle East and Africa
  • Middle East
    • UAE
    • KSA
    • Rest of Middle East
  • Africa
    • South Africa
    • Egypt
    • Nigeria
    • Rest of Africa
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

Recent Developments:

• In February 2022, NEC signed an agreement with the City of Kawasaki, Kanagawa Prefecture, regarding their cooperation and partnership in disaster-proof urban development based on digital technology. It was an unprecedented initiative involving a municipality in Japan.
• In September 2022, Semtech and Sierra Wireless entered into an agreement to create a comprehensive IoT platform and enable the transformation to a smarter, more sustainable planet.
• In August 2021, BlackBerry built a new flood risk and clean water monitoring solution to provide autonomous early warnings before any flood strikes. It is based on BlackBerry's AtHoc critical event management platform developed in partnership with the University of Windsor..

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