Crisis Management (Business Continuity/Disaster Prevention/Information Security) Solutions Market: Key Research Findings 2017
Research Outline
- Research period: From January to March 2017
- Research targets: Crisis Management Solution Providers (IT businesses, telecommunication businesses, security software makers, consulting firms, Think-tanks, security companies, etc.)
- Research methodologies: Face-to-face interviews with expert researchers, surveys via telephone/email, and literature research)
<What are Crisis Management Solutions?>
Crisis management solutions in this research indicate: 1) Business Continuity Solutions (BCP consulting and Disaster Recovery), 2) Disaster Prevention Solutions (Emergency Municipal Radio Communication System, Firefighting Instruction System, Comprehensive Disaster Prevention Information System, Disaster Information Management System, Safety Confirmation/Early Warning Service), and 3) information Security Solutions (Information Security Tools (Products), Information Security Consulting/Diagnosis, Information Security Construction, and Information Security Operation Surveillance/Maintenance).
The details of each service are shown in Table 1.
Summary of Research Findings
- FY2016 Crisis Management Market Projected to Rise by 105.8%, Achieving 896.7 Billion Yen, with More Companies Revising BCPs and Enhancing Countermeasures against Cyberterrorism Attacks
With regard to the business continuity solutions market, 2016 Kumamoto earthquakes have increased the number of enterprises that have revised their BCP created in the past. As for the DR solution market, wider range of companies have introduced the solutions as rising number of cloud service users increased. In regard to the disaster prevention market, both the central and the local governments have continued upgrading the already installed systems and updating higher functions to such systems. A large incident at Japan Pension Service has driven introduction of information security solutions to take countermeasures against cyberterrorism attacks. All of these factors have contributed to raise the domestic crisis management market to attain 896.7 billion yen, 105.8% of the size of the previous year.
- Crisis Management Market Projected to Achieve 1,063.2 Billion Yen by FY2021
In FY2017 and later, by which the consciousness against crisis fades away, and major companies would be finished taking measures, as well as the unit price of the services declining after the emerge of cloud services, the crisis management market is likely to slow down. On the other hand, with increasing number of companies and local governments placing more importance on information security solutions due to increase of information leakage stemming from the recent cyberterrorism attacks, reinforcement of the information security solutions is expected to accelerate, preparing for the Tokyo Olympic/Paralympic Games to be taken place in 2020. Therefore, CAGR or the domestic crisis management solution market, based on the sales of the businesses, is likely to be 3.9%, with the market size to achieve 1,063.2 billion yen by FY2021.
- Figure 1: Transition and Forecast of Crisis Management (Business Continuity/Disaster Prevention/Information Security) Solutions Market Size
