PUBLISHER: TechNavio | PRODUCT CODE: 1626378
PUBLISHER: TechNavio | PRODUCT CODE: 1626378
Physical Security Information Management (PSIM) Market 2025-2029
The physical security information management (PSIM) market is forecasted to grow by USD 6546 mn during 2024-2029, accelerating at a CAGR of 27.2% during the forecast period. The report on the physical security information management (PSIM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of smart cities, need to mitigate criminal activities and terrorist attacks, and regulatory compliance.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 22.4% |
CAGR | 27.2% |
Incremental Value | $6546 mn |
Technavio's physical security information management (PSIM) market is segmented as below:
By End-user
By Solution
By Geographical Landscape
This study identifies the integration of iot with physical security as one of the prime reasons driving the physical security information management (PSIM) market growth during the next few years. Also, increased use of psim in commercial buildings and predictive crime monitoring will lead to sizable demand in the market.
The report on the physical security information management (PSIM) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading physical security information management (PSIM) market vendors that include AARMTech Engineering Pvt. Ltd., Advancis Software and Services GmbH, ARES Security Corp., AxxonSoft, Canon Inc., Carrier Global Corp., easypsim AG, Everbridge Inc., Genetec Inc., Hexagon AB, Johnson Controls International Plc, Kentima AB, LG Corp., Nanodems Corp., NICE Ltd., Robert Bosch GmbH, and Siemens AG. Also, the physical security information management (PSIM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: