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PSIM Market in North America 2015-2019

PSIM Market in North America 2015-2019

About PSIM

PSIM is a software platform used for enhancing and automating operations center management. PSIM software can be used to integrate security and non-security systems and can be customized as per end-user requirements. This software can be categorized into three types: PSIM+, PSIM, and PSIM lite. PSIM is also named as “situation management” tool as it allows end-users to take decisions and follow-up the actions as per the requirement in a situation. It provides safety and security to the data and critical infrastructures without incurring the replacement cost.

TechNavio's analysts forecast the PSIM market in North America to grow at a CAGR of 7.22 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the PSIM market in North America for the period 2015-2019. To calculate the market size, the report considers revenue generated from the following:

  • Software (PSIM software)
  • Services (consultation, integration, software upgrade, software patch, and others)
It presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the PSIM market in North America.

TechNavio's report, the PSIM Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America; it also covers the landscape of the PSIM market in North America and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
  • North America
Key Vendors
  • CNL Software
  • NICE Systems
  • Tyco International
  • VidSys
Other Prominent Vendors
  • AxxonSoft
  • Genetec
  • Intergraph
  • Mer
  • Milestone Systems
  • Verint Systems
  • videoNEXT Network Solutions
Market Driver
  • Surge in Integration of Multiple Security Technologies
  • For a full, detailed list, view our report
Market Challenge
  • High Initial Investment
  • For a full, detailed list, view our report
Market Trend
  • Growing Mergers and Acquisitions
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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 – PSIM Market in North America 2015-2019

TechNavio recognizes the following companies as the key players in the PSIM Market in North America: CNL Software Ltd., NICE Systems Ltd., Tyco International Ltd. and VidSys Inc

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

Commenting on the report, an analyst from TechNavio’s team said: “One major trend emerging in this market is the increase in the number of mergers and acquisitions. The growing PSIM market is attracting several new entrants into the market. As these new vendors may not have the financial strength to penetrate the global market and attain market leadership, they can be acquired by larger players to enhance their distribution channels and improve their penetration in regional markets.”

According to the report, one of the major drivers in the market is the surge in integration of multiple security technologies. Enterprises tend to lose confidential data because of criminal activities such as theft of data, terrorism, and unauthorized access to secure infrastructures. Security technologies such as PSIM integrate hardware devices and software solutions, thus combating security threats.

Further, the report states that one of the major challenges in the market is the high initial investment required for setting up a physical security infrastructure. The TCO would also include the cost of replacement and upgrade of devices along with the cost of engaging professional expertise. This hinders the adoption of PSIM solutions among SMEs, limiting the growth of the market.

Companies Mentioned

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

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Description
    • Working of Physical Security Solutions
      • Table Working of Physical Security Solutions
    • Advantages and Disadvantages of PSIM
      • Table Advantages and Disadvantages of PSIM
  • Market Landscape
    • Market Overview
      • Table Overview of PSIM Solutions
      • Market Structure
    • Global PSIM Market
      • Market Size and Forecast
        • Table Global PSIM Market 2014-2019 (US$ billion)
    • Global Share of PSIM Market in North America 2014 and 2019
      • Table Global Share of PSIM Market in North America 2014 and 2019
    • PSIM Market in North America
      • Market Size and Forecast
        • Table PSIM Market in North America 2014-2019 (US$ billion)
    • Five Forces Analysis
  • Product Life Cycle Analysis
    • Table Product Life Cycle Analysis: PSIM Market in North America 2014
  • Market Segmentation by Product
    • Segmentation of PSIM Market in North America by Product 2014
      • Table Segmentation of PSIM Market in North America by Product 2014
    • Segmentation of PSIM Market in North America by Product 2014-2019
      • Table Segmentation of PSIM Market in North America by Product 2014-2019
    • PSIM Software Market in North America
      • Market Size and Forecast
        • Table PSIM Software Market in North America 2014-2019 (US$ billion)
    • PSIM Services Market in North America
      • Market Size and Forecast
        • Table PSIM Services Market in North America 2014-2019 (US$ billion)
  • Market Segmentation by End-user
    • Segmentation of PSIM Market in North America by End-user 2014
      • Table Segmentation of PSIM Market in North America by End-user 2014
  • Market Attractiveness
    • Market Attractiveness by Product
      • Table Market Attractiveness by Product 2014-2019
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Vendor Analysis 2014
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • CNL Software
      • Key Facts
      • Business Overview
      • Key Solutions
        • Table CNL Software: Key Solutions
      • Recent Developments
      • SWOT Analysis
    • NICE Systems
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table NICE Systems: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table NICE Systems: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table NICE Systems: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Tyco
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Tyco: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Tyco: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Tyco: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • VidSys
      • Key Facts
      • Business Overview
      • Solutions: 2013
        • Table VidSys: Solutions by 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Key Insights
    • Adoption of PSIM Solutions in North America
      • Table Adoption of PSIM Solutions in North America
  • Assumptions
  • Other Reports in this Series

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