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Download Free sampleThe global Physical Security Information Management (PSIM) System market was valued at US$ 2518.9 million in 2022 and is projected to reach US$ 5294.9 million by 2029, at a CAGR of 11.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Physical Security Information Management System Market aims to provide a comprehensive presentation of the global market for Physical Security Information Management (PSIM) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Physical Security Information Management (PSIM) System. Physical Security Information Management System Market contains market size and forecasts of Physical Security Information Management (PSIM) System in global, including the following market information:
Global Physical Security Information Management (PSIM) System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
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 SoftwareServices GmbH, Intergrated Security Manufacturing etc. Top 3 companies occupied about 44% market share.
We surveyed the Physical Security Information Management (PSIM) System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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