About Physical Security Information Management (PSIM) PSIM is a software that is responsible for ensuring the safety and security of data, hardware, network, and programs owned by an organization, which can be tampered by an external agency. Such damage leads to the loss of brand value and hampers the image of the organization. The damage caused by the external agency can be carried out by means of burglary, data theft, or terrorism. Several hardware devices and software that are being adopted by government organizations and enterprises to ensure the physical security of business-critical data. The increasing instances of criminal activities in the recent years are a key reason for the high adoption of PSIM solutions. Technavio's analysts forecast the global physical security information management (PSIM) market to grow at a CAGR of 15.18% during the period 2017-2021. Covered in this report
The report covers the present scenario and the growth prospects of the global physical security information management (PSIM) market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of stand-alone PSIM software as well as integrated PSIM software, solutions, and services (integration, consultation, software upgrade, and software patch). The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Physical Security Information Management (PSIM) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • CNL SoftwarE • Qognify • Johnson Controls • Vidsys
Other prominent vendors • AxxonSoft • Bosch Security Systems • Genetec • Kentima • C.MER INDUSTRIES • Milestone systems • Pelco (Schneider Electric) • S2 Security • videoNEXT Network Solutions • Verint Systems Market driver • Growing need for public safety • For a full, detailed list, view our report Market challenge • High TCO of PSIM solutions • For a full, detailed list, view our report Market trend • Introduction of customized solutions and integrated packages • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.