What is Situational Awareness?
Situational awareness of situation awareness is the perception of environmental elements and events with respect to time or space. It is not only about being aware of the current state of events but also being able to put those events in the context of what is expected or is likely to occur in the near future. It is widely used for real-time biosphere data gathering, analysis, and interpretation that might relate to disease activity and threats to human or animal health.
The market study is broken down by Type (Radio Frequency Identification (RFID), Command and Control System, Physical Security Information Management (PSIM), Fire and Flood Alarm System, Radar, Sonar and Other Types), by Application (Aerospace & Defense, Healthcare, Automotive, Marine, Educational Institutes, Hotels, Natural Disaster Authorities, Fire Authority and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Analysts at AMA Research estimates that Manufacturers from United States will contribute to the maximum growth of Global Situational Awareness market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International (United States), Rockwell Collins (United States), ESRI (United States), L3Harris Technologies (United States), Lockheed Martin (United States), BAE Systems (United Kingdom), General Electric (United States), Denso (Japan), AGT International (Germany), Microsoft Corporation (United States) and Xilinx (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Situational Awareness market by Type, Application and Region.
On the basis of geography, the market of Situational Awareness has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Hardware will boost the Situational Awareness market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Situational Awareness market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In February 2021, Esri, the global leader in location intelligence announced the release of ArcGIS Velocity for analysis of real-time IoT data. It complements existing systems with GIS technology by spatially enabling IoT data from current providers and simplifying real-time data analysis. This will help industries to take advantage of the insights made possible by the Internet of Things with up-to-the-second data and improved situational awareness.
- Increasing Use of Advanced Technologies like Machine Learning, Big Data Analytics in Situational Awareness
- Increasing Adoption of Advanced Technologies for BioSurveillance
- Increasing Demand of Situational Awareness Solutions in Defense Sector for the Awareness of Enemy’s Activity
- Increased Demand of Innovative Technologies for Surveillance and Real-time Data Collection
- Lack of Skilled Workforce and High Cost Associated with Training
- Perception Based On Faulty Information Processing May Create Challenges
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Situational Awareness Software & Solution Providers, Situational Awareness Service Providers, Suppliers & Distributors of Disaster Management Tools or Devices, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Honeywell International (United States), Rockwell Collins (United States), ESRI (United States), L3Harris Technologies (United States), Lockheed Martin (United States), BAE Systems (United Kingdom), General Electric (United States), Denso (Japan), AGT International (Germany), Microsoft Corporation (United States) and Xilinx (United States) etc.
2. Can we have customized study for Situational Awareness Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Situational Awareness Market by 2026?
Analysts at AMA estimates Situational Awareness Market to reach USD Million by 2026.