PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535671
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535671
Physical Security Information Management Market Size - By Component, Application, Deployment Type, Enterprise Size & Forecast, 2024 - 2032
Global Physical Security Information Management (PSIM) Market is projected to grow at 7% CAGR from 2024 to 2032, driven by increasing security concerns and the need for comprehensive security solutions. According to IT Governance, there have been 9,478 publicly disclosed incidents in 2024, resulting in the breach of 35,900,145,035 known records so far.
Organizations increasingly seek comprehensive solutions to manage and respond to diverse security threats. PSIM systems integrate multiple security devices and data streams into a unified platform, enhancing situational awareness and response efficiency. The need to safeguard assets, ensure public safety, and comply with regulatory standards fuels demand for advanced PSIM solutions, supporting market expansion as security threats become more sophisticated and prevalent. Additionally, the growing adoption of PSIM systems across various sectors, including government and defense, drives demand for effective security management solutions.
The Physical Security Information Management (PSIM) Industry is categorized based on component, deployment type, enterprise size, application, and region.
The services segment will experience substantial growth over 2024-2032. Services, including consulting, integration, and maintenance, are essential for the effective deployment and operation of PSIM systems. The increasing complexity of security infrastructures and the need for tailored solutions drive demand for specialized services. This helps ensure optimal performance and reliability of Physical Security Information Management systems, thus supporting market growth and expansion.
Government and defense applications will play a crucial role in the Physical Security Information Management Market growth during 2024-2032. The need for robust security solutions to protect critical infrastructure, national assets, and public safety drives the adoption of PSIM systems in these sectors. Enhanced situational awareness, real-time monitoring, and efficient incident response capabilities are critical for government and defense agencies, bolstering market growth.
Asia Pacific Physical Security Information Management (PSIM) Market is set to achieve significant gains throughout 2024-2032, attributed to rapid urbanization, increasing infrastructure investments, and growing security concerns. The region's expanding industrial base and rising government initiatives to enhance public safety and security further drive market demand. Additionally, technological upgrades and the adoption of smart city projects contribute to the PSIM Market growth in the Asia Pacific region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Software provider
- 3.2.2 Technology provider
- 3.2.3 System Integrators
- 3.2.4 End user
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Need for centralized control enhances operational efficiency
- 3.8.1.2 Demand for advanced analytics for threat detection
- 3.8.1.3 Rising complexity of security threats demands integration
- 3.8.1.4 Integration with IoT devices boosts real-time monitoring
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 High initial investment costs deter small businesses
- 3.8.2.2 Data privacy concerns limit adoption in some sectors
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Component 2021 - 2032 ($Bn)
- 5.1 Key trends
- 5.2 Software
- 5.3 Services
Chapter 6 Market Estimates & Forecast, By Deployment Type, 2021 - 2032 ($Bn)
- 6.1 Key trends
- 6.2 On-premises
- 6.3 Cloud
Chapter 7 Market Estimates & Forecast, By Enterprise Size, 2021 - 2032 ($Bn)
- 7.1 Key trends
- 7.2 Large enterprises
- 7.3 SMEs
Chapter 8 Market Estimates & Forecast, By Application, 2021 - 2032 ($Bn)
- 8.1 Key trends
- 8.2 BFSI
- 8.3 Government & defense
- 8.4 Healthcare
- 8.5 Transportation & logistics
- 8.6 Retail
- 8.7 Energy & utilities
- 8.8 Others
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.3.7 Nordics
- 9.3.8 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 Avigilon Corporation
- 10.2 AxxonSoft
- 10.3 CNL Software
- 10.4 Genetec Inc.
- 10.5 Honeywell International Inc.
- 10.6 Johnson Controls
- 10.7 Milestone Systems A/S
- 10.8 Qognigy (acquired by Hexagon)
- 10.9 Verint Systems Inc.
- 10.10 Vidsys, Inc.
