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Global Physical Security Information Management Market 2016-2020

Global Physical Security Information Management Market 2016-2020

About Global Physical Security Information Management (PSIM)

In the physical security market, the speed at which information is delivered is a critical element. Global PSIM deployments will increase rapidly as the solution enables faster transfer of critical information and easy access to information during emergencies.

During public events, security operators should have fast and reliable access to relevant security assets and related information. Failing to deliver important information could lead to disasters, leaving people and their surroundings in danger.

Technavio’s analysts forecast the global physical security information management market to grow at a CAGR of 14.82% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global physical security information management market 2016-2020. To calculate the market size, the report considers the revenue generated from the generated from the worldwide sales of PSIM software and services.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Physical Security Information Management Market 2016-2020, 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
  • Tyco
  • VidSys
Other prominent vendors
  • AxxonSoft
  • Genetec
  • Intergraph
  • Kentima
  • Mer
  • Milestone Systems
  • Verint Systems
  • videoNEXT Network Solutions
Market driver
  • Increasing smart city projects leading to more PSIM deployments
  • For a full, detailed list, view our report
Market challenge
  • Lack of professional expertise
  • For a full, detailed list, view our report
Market trend
  • Internet of Things in PSIM
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Physical Security Information Management Market 2016-2020

Technavio recognizes the following companies as the key players in the global physical security information management market: CNL Software, Qognify, Tyco International, and VidSys.

Other Prominent Vendors in the market are: AxxonSoft, Genetec, Intergraph, Kentima, Mer, Milestone Systems, Verint Systems, and videoNEXT Network Solutions.

Commenting on the report, an analyst from Technavio’s team said: “Integration of social media into PSIM will be a major trend in this market. Social media has given the PSIM operator a new source of data. Social media keyword prevalence, account management, and hashtag monitoring can give the PSIM operator a direct connection with people and their daily activities. Social media platforms such as Facebook, Twitter, and LinkedIn are often referred to as “social data conduits” in the security industry. They offer information streams that can be integrated into the real-time framework of PSIM platforms.”

According to the report, one driver leading to the growth of this market is the use of mobile technology in PSIM. Mobile technology in PSIMs is likely to become mainstream as users become more accustomed to using apps to accomplish their daily tasks. Mobile apps that leverage the capabilities of smartphones can notify responders of events and keep security operations up-to-date with pictures and streamed video.

Further, the report states that the high total cost of ownership of PSIM solutions will be a major factor inhibiting this market’s growth prospects. PSIMs solutions require high initial investments for setting up the IT infrastructure in organizations and for hiring experts to optimize and deploy the solutions. The cost for setting up the initial IT infrastructure can reach several thousands of dollars, which is often not affordable for small and medium-sized enterprises. The cost of most installations exceeds $400,000, which is a modest sum for large corporations.

Companies Mentioned

CNL Software, Qognify, Tyco International, VidSys, AxxonSoft, Genetec, Intergraph, Kentima, Mer, Milestone Systems, Verint Systems, videoNEXT Network Solutions.

  • Executive summary
    • Key findings
    • Overview of market numbers
  • Scope of the report
    • Vendor segmentation
    • Recommended reading
    • Target audience
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • PSIM
    • Service-oriented architecture (SOA) in PSIM
  • Market description
    • Table Workflow of physical security solutions
  • Important factors while selecting PSIM
    • Advantages and disadvantages of PSIM
  • Latest developments in PSIM
    • Federated PSIM solutions
  • Product life cycle analysis
    • Table Product life cycle analysis of PSIM
  • Market landscape
    • Table Economic cities in Saudi Arabia
    • Table Global PSIM market 2015-2020 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Case study
    • Deployment of PSIM to improve public safety and enhance emergency response
  • Market segmentation by type
    • PSIM market by type
      • Table Global PSIM market by type 2015 and 2020 (% share)
  • Market segmentation by end-user
    • Global PSIM market by end-user
      • Table Global PSIM market by end-user 2015-2020 (% share)
      • Table Retail shrinkage rate in APAC 2015 (%)
  • Market attractiveness by end-user
    • Table Market attractiveness by end-user 2015
    • Table Market attractiveness by end-user 2020
    • Case studies
  • Geographical segmentation
    • Geographical segmentation of PSIM market
      • Table Geographical segmentation of PSIM market 2015-2020 (% share)
    • PSIM market in Americas
      • Table PSIM market in Americas 2015-2020 ($ billions)
    • PSIM market in APAC
      • Table PSIM market in APAC 2015-2020 ($ billions)
    • PSIM market in EMEA
      • Table PSIM market in EMEA 2015-2020 ($ billions)
  • Market challenges
    • Lack of professional expertise
    • High total cost of ownership of PSIM solutions
    • Intense competition and price wars leading to profit erosion
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Integration of social media into PSIM
    • Mobile technology in PSIM
    • Internet of Things in PSIM
    • Availability of customized solutions and integrated packages
    • Expanded integration of PSIM
  • Trends and their impact
    • Table Impact of trends on PSIM market
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Top-vendor offerings
      • Table Product offerings
    • Competitive landscape
    • Vendor matrix
      • Table Vendor matrix
  • Buying criteria
    • Table Buying criteria for PSIM end-users
  • Key vendor profiles
    • CNL Software
    • Qognify
    • Tyco International
    • VidSys
    • Other prominent vendors
  • Assumptions
  • Appendix
    • List of abbreviations
  • Explore Technavio

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