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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.
LPI (LP Information)' newest research report, the "Physical Security Information Management (PSIM) Industry Forecast" looks at past sales and reviews total world Physical Security Information Management (PSIM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Physical Security Information Management (PSIM) sales for 2023 through 2029. With Physical Security Information Management (PSIM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Physical Security Information Management (PSIM) industry.
This Insight Report provides a comprehensive analysis of the global Physical Security Information Management (PSIM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Physical Security Information Management (PSIM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Physical Security Information Management (PSIM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Physical Security Information Management (PSIM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Physical Security Information Management (PSIM).
The global Physical Security Information Management (PSIM) market size is projected to grow from US$ 2394.8 million in 2022 to US$ 7793.5 million in 2029; it is expected to grow at a CAGR of 18.4% from 2023 to 2029.
United States is the largest market with about 38% market share. Europe is follower, accounting for about 27% market share.
The key players are Tyco international, Intergraph, Genetec, Axxon Soft, Vidsys, CNL, PRYSM Software, Quantum Secure, Verint Systems, ela-soft GmbH, Advancis Software&Services GmbH, Intergrated Security Manufacturing etc. Top 3 companies occupied about 44% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Physical Security Information Management (PSIM) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- PSIM+
- PSIM
- PSIM lite
Segmentation by application
- Critical Infrastructure
- Commercial
- First Responders
- Military
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Tyco international
- Intergraph
- Genetec
- Axxon Soft
- Vidsys
- CNL
- PRYSM Software
- Quantum Secure
- Verint Systems
- ela-soft GmbH
- Advancis Software&Services GmbH
- Intergrated Security Manufacturing