Physical Security Information Management (PSIM) Market Size to Increase by USD 3.21 Billion: 32% Growth to Originate from North America - Technavio

NEW YORK, Nov. 29, 2022 /PRNewswire/ -- The physical security information management (PSIM) market report is a comprehensive research that provides in-depth qualitative and quantitative intelligence. Technavio's analysts estimate a market share growth of USD 3.21 billion from 2020 to 2025, at a CAGR of 22.15%. Technavio has extensively analyzed 15 major vendors, including AxxonSoft Inc., Everbridge Inc., Genetec Inc., Hexagon AB, Johnson Controls International Plc, NICE Ltd., Robert Bosch GmbH, Siemens AG, Verint Systems Inc., and Vidsys Inc. This research report aims to capture and analyze the trends, drivers, and challenges that are evolving in the market. Download a Free PDF Sample Report

Regional Analysis

By region, the global physical security information management (PSIM) market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to contribute 32% to the growth of the global market over the forecast period. The availability of adequate IT and business infrastructure, stringent regulations on IT security compliance and governance, and the high adoption of cloud-based IT security solutions and services are driving the growth of the regional market.

Company Profiles

The physical security information management (PSIM) market report includes information on the key products and recent developments of leading vendors, including:

• AxxonSoft Inc.: The company offers physical security information management software named Intellect.
• Everbridge Inc.: The company offers physical security information management through its Control Center, with benefits such as real-time situational awareness and others.
• Genetec Inc.: The company offers physical security information management software named Genetec ClearID.
• Hexagon AB: The company offers physical security information management software named Intergraph Security.
• Johnson Controls International Plc: The company offers physical security information management such as Access Control and others.
• To gain access to more vendor profiles available with Technavio, buy the report!

Market Dynamics

The market is driven by factors such as the emergence of smart cities, the need to mitigate criminal activities and terrorist attacks, and regulatory compliance. However, large infrastructural requirements are hindering market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample

Market Segmentation

• By end user, the market is segmented into PEU, transportation, commercial, government and defense, and others. The PEU segment accounted for the largest share of the market in 2020.
• By geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2020.

Related Reports:

The cloud security solutions market size is projected to grow by USD 8.63 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.16 %. The regulatory requirements encouraging the use of security solutions globally are notably driving the cloud security solutions market growth, although factors such as lack of awareness about cloud security solutions among end-users may impede the market growth.

The zero trust security market size is projected to grow by USD 2.87 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 16.15%. The growing frequency of target-based cyber-attacks is notably driving the zero trust security market growth, although factors such as budgetary constraints among small and emerging startups in developing countries may impede market growth.

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What are the key data covered in this physical security information management (PSIM) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the physical security information management (PSIM) market between 2021 and 2025
• Precise estimation of the size of the physical security information management (PSIM) market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the physical security information management (PSIM) market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of physical security information management (PSIM) market vendors

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Table of contents:

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis 
• Exhibit 03: Value chain analysis: Application software

3 Market Sizing

• 3.1 Market definition 
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers 
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers 
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants 
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes 
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry 
• Exhibit 13: Threat of rivalry

• 4.7 Market condition 
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 15: End-user - Market share 2020-2025 (%)

• 5.2 Comparison by End-user 
• Exhibit 16: Comparison by End-user

• 5.3 PEU - Market size and forecast 2020-2025 
• Exhibit 17: PEU - Market size and forecast 2020-2025 ($ million)
• Exhibit 18: PEU - Year-over-year growth 2020-2025 (%)

• 5.4 Transportation - Market size and forecast 2020-2025
• Exhibit 19: Transportation - Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Transportation - Year-over-year growth 2020-2025 (%)

• 5.5 Commercial - Market size and forecast 2020-2025
• Exhibit 21: Commercial - Market size and forecast 2020-2025 ($ million)
• Exhibit 22: Commercial - Year-over-year growth 2020-2025 (%)

• 5.6 Government and defense - Market size and forecast 2020-2025 
• Exhibit 23: Government and defense - Market size and forecast 2020-2025 ($ million)
• Exhibit 24: Government and defense - Year-over-year growth 2020-2025 (%)

• 5.7 Others - Market size and forecast 2020-2025
• Exhibit 25: Others - Market size and forecast 2020-2025 ($ million)
• Exhibit 26: Others - Year-over-year growth 2020-2025 (%)

• 5.8 Market opportunity by End-user 
• Exhibit 27: Market opportunity by End-user

6 Market Segmentation by Solution

• 6.1 Market segments 
• Exhibit 28: Solution - Market share 2020-2025 (%)

• 6.2 Comparison by Solution 
• Exhibit 29: Comparison by Solution

• 6.3 Software - Market size and forecast 2020-2025
• Exhibit 30: Software - Market size and forecast 2020-2025 ($ million)
• Exhibit 31: Software - Year-over-year growth 2020-2025 (%)

• 6.4 Services - Market size and forecast 2020-2025
• Exhibit 32: Services - Market size and forecast 2020-2025 ($ million)
• Exhibit 33: Services - Year-over-year growth 2020-2025 (%)

• 6.5 Market opportunity by Solution 
• Exhibit 34: Market opportunity by Solution

7 Customer landscape

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 36: Market share by geography 2020-2025 (%)

• 8.2 Geographic comparison 
• Exhibit 37: Geographic comparison

• 8.3 North America - Market size and forecast 2020-2025
• Exhibit 38: North America - Market size and forecast 2020-2025 ($ million)
• Exhibit 39: North America - Year-over-year growth 2020-2025 (%)

• 8.4 Europe - Market size and forecast 2020-2025
• Exhibit 40: Europe - Market size and forecast 2020-2025 ($ million)
• Exhibit 41: Europe - Year-over-year growth 2020-2025 (%)

• 8.5 APAC - Market size and forecast 2020-2025
• Exhibit 42: APAC - Market size and forecast 2020-2025 ($ million)
• Exhibit 43: APAC - Year-over-year growth 2020-2025 (%)

• 8.6 MEA - Market size and forecast 2020-2025
• Exhibit 44: MEA - Market size and forecast 2020-2025 ($ million)
• Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)

• 8.7 South America - Market size and forecast 2020-2025
• Exhibit 46: South America - Market size and forecast 2020-2025 ($ million)
• Exhibit 47: South America - Year-over-year growth 2020-2025 (%)

• 8.8 Key leading countries

• 8.9 Market opportunity by geography 
• Exhibit 49: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges 
• Exhibit 50: Impact of drivers and challenges

• 9.3 Market trends

10 Vendor Landscape

• 10.1 Overview 
• Exhibit 51: Vendor landscape

• 10.2 Landscape disruption 
• Exhibit 52: Landscape disruption
• Exhibit 53: Industry risks

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 54: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 55: Market positioning of vendors

• 11.3 AxxonSoft Inc. 
• Exhibit 56: AxxonSoft Inc. - Overview
• Exhibit 57: AxxonSoft Inc. - Product and service
• Exhibit 58: AxxonSoft Inc. - Key offerings

• 11.4 Everbridge Inc. 
• Exhibit 59: Everbridge Inc. - Overview
• Exhibit 60: Everbridge Inc. - Business segments
• Exhibit 61: Everbridge Inc. - Key offerings

• 11.5 Genetec Inc. 
• Exhibit 62: Genetec Inc. - Overview
• Exhibit 63: Genetec Inc. - Product and service
• Exhibit 64: Genetec Inc. - Key offerings

• 11.6 Hexagon AB 
• Exhibit 65: Hexagon AB - Overview
• Exhibit 66: Hexagon AB - Business segments
• Exhibit 67: Hexagon AB - Key offerings
• Exhibit 68: Hexagon AB - Segment focus

• 11.7 Johnson Controls International Plc 
• Exhibit 69: Johnson Controls International Plc - Overview
• Exhibit 70: Johnson Controls International Plc - Business segments
• Exhibit 71: Johnson Controls International Plc - Key offerings
• Exhibit 72: Johnson Controls International Plc - Segment focus

• 11.8 NICE Ltd. 
• Exhibit 73: NICE Ltd. - Overview
• Exhibit 74: NICE Ltd. - Business segments
• Exhibit 75: NICE Ltd.-Key news
• Exhibit 76: NICE Ltd. - Key offerings
• Exhibit 77: NICE Ltd. - Segment focus

• 11.9 Robert Bosch GmbH 
• Exhibit 78: Robert Bosch GmbH - Overview
• Exhibit 79: Robert Bosch GmbH - Business segments
• Exhibit 80: Robert Bosch GmbH -Key news
• Exhibit 81: Robert Bosch GmbH - Key offerings
• Exhibit 82: Robert Bosch GmbH - Segment focus

• 11.10 Siemens AG 
• Exhibit 83: Siemens AG - Overview
• Exhibit 84: Siemens AG - Business segments
• Exhibit 85: Siemens AG - Key offerings
• Exhibit 86: Siemens AG - Segment focus

• 11.11 Verint Systems Inc. 
• Exhibit 87: Verint Systems Inc. - Overview
• Exhibit 88: Verint Systems Inc. - Business segments
• Exhibit 89: Verint Systems Inc. -Key news
• Exhibit 90: Verint Systems Inc. - Key offerings
• Exhibit 91: Verint Systems Inc. - Segment focus

• 11.12 Vidsys Inc. 
• Exhibit 92: Vidsys Inc. - Overview
• Exhibit 93: Vidsys Inc. - Product and service
• Exhibit 94: Vidsys Inc. - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Currency conversion rates for US$ 
• Exhibit 95: Currency conversion rates for US$

• 12.3 Research methodology 
• Exhibit 96: Research Methodology
• Exhibit 97: Validation techniques employed for market sizing
• Exhibit 98: Information sources

• 12.4 List of abbreviations 
• Exhibit 99: List of abbreviations

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