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The Physical Security Information Management (PSIM) Market size is estimated to increase by USD 3.94 billion and grow at a CAGR of 21.92% between 2023 and 2028. The growth of the market depends on several factors such as the emergence of smart cities, the need to mitigate criminal activities and terrorist attacks and regulatory compliance. Physical security comprises the protection of software, personnel, hardware, data, and networks from events that can damage an organization. It helps enterprises by safeguarding them against contingencies such as fire, terrorism, vandalism, and theft. PSIM enables better vigilance compared with legacy security solutions about events that are taking place by responding quickly to them. PSIM brings insight to the entire organization in real-time and over a time period by monitoring, measuring, and analyzing the large amounts of data generated through security and surveillance systems. PSIM minimizes the operational cost of a company by eliminating the need for remote command, manual reviews, and IT overhead expenses and by terminating false alarms.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Solution
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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