Physical Security Information Management Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Physical Security Information Management (PSIM) is a category of software that provides a platform and applications created by middleware developers, designed to integrate multiple unconnected security applications and devices and control them through one comprehensive user interface. Beyond the time-saving and efficiency benefits of automation, PSIM enables modern business processes that are essential to any modern security department. For organizations, this includes regular reports, incident logs, continuous process improvement initiatives, training drills, system healthcare checks, and much more.

The increased use of PSIM to identify network issues is one of the major drivers of the market. PSIM solutions eliminate manual monitoring of IT infrastructure, enabling quick identification of flaws in the security system. This helps end-users save time and money.

USA has been the largest consumption market in the last decades. Now, USA has enjoyed about 42% market share and followed by Europe and China respectively with market share of 29% and 12%.

This report focuses on the global top players, covered

• CNL
• NICE Systems
• Tyco international
• Vidsys
• Axxon Soft
• Genetec
• Intergraph
• Milestone System
• PRYSM Software
• Verint Systems

Market segment by Type, the product can be split into

• PSIM+
• PSIM
• PSIM lite

Market segment by Application, the market can be split into

• Critical Infrastructure
• First Responders
• Commercial
• Military
• Other

 
Scope of the Report

The research study analyzes the global Physical Security Information Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Physical Security Information Management Market Report

1. What was the Physical Security Information Management Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Physical Security Information Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Physical Security Information Management Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.