Planet Market Reports has added a report, titled, “Global Physical Security Information Management Market 2017 Forecast to 2025.”
Global Physical Security Information Management Market Size, Share, Trend, Growth | Planet Market Reports
Global Physical Security Information Management Market to reach USD 4556 million by 2025.
The Physical Security Information Management market is developing and expanding at a significant pace. The PSIM Physical Security Information management is a specific category of a software which offers a platform & application developed by the middleware developers that is designed to integrate the multiple unconnected security applications and further operates & control them via one comprehensive user interface. The Physical security information management collects & coorelates the events form existing disparate the security devices & information systems consisting of sensors, access control, video, analytics, networks and building systems to empower individuals to precisely identify & resolve situations. The Physical security information management software integration also provides many organizational benefits for both the public sector and public sector companies including enhanced control along with improved situation awareness & management reporting. The Physical Security Information management software system has mainly six features which includes Collection, Analysis, Verification, Resolution, Reporting and Audit Trail.
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The main difference between the Physical security information management based integration software & other forms of physical security system integration is the capability for a physical security information management platform to connect systems at a data level, conflicting others forms of integration. The Physical security information management also offers utility of open technologies that are compatible with a large number of manufacturers. The Physical security information management products provide more opportunities for expansion along with it can lower the implementation costs via greater use of existing equipments.
On the basis of segmentation, the Physical security information management market has been divided into Component and End User segment. In the End user segment, the government & defense sector is anticipated to be the leading segment owing to initiatives taken by the governments considering the development of smart cities & safe city programs which have high dependence on physical security information management software & services. Moreover, The North America region is anticipated to be the dominating region considering the forecasted period. The North America region mainly includes countries such as United States and Canada. The North America region would be dominating owing to rising cyber crimes which is further augmenting the growth of the market.
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The regional analysis of Global Physical Security Information Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The Key Companies Included in Report:
• Anixter International
• Cisco Systems
• Honeywell Security
• Computer Network Limited
• Integrated Security Manufacturing
• Nice Systems
• Proximex Corporation
• Augusta Systems
• Quantum Secure
• Tyco International
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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