Global Physical Security Information Management (PSIM) Market 2024-2028

The physical security information management (PSIM) market is forecasted to grow by USD 3,940.09 mn during 2023-2028, accelerating at a CAGR of 21.92% during the forecast period. The report on the physical security information management (PSIM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of smart cities, the need to mitigate criminal activities and terrorist attacks, and regulatory compliance.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	20.68%
CAGR	21.92%
Incremental Value	$3940.09mn

Technavio's physical security information management (PSIM) market is segmented as below:

By End-user

PE and U
Transportation
Commercial
Government and defense
Healthcare and others

By Solution

Software
Services

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the integration of IoT with physical security as one of the prime reasons driving the physical security information management (PSIM) market growth during the next few years. Also, increased use of PSIM in commercial buildings and predictive crime monitoring will lead to sizable demand in the market.

The report on the physical security information management (PSIM) market covers the following areas:

Physical security information management (PSIM) market sizing
Physical security information management (PSIM) market forecast
Physical security information management (PSIM) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading physical security information management (PSIM) market vendors that include AARMTech Engineering Pvt. Ltd., Advancis Software and Services GmbH, ARES Security Corp., AxxonSoft, Canon Inc., Carrier Global Corp., easypsim AG, Everbridge Inc., Genetec Inc., Hexagon AB, Johnson Controls International Plc, Kentima AB, LG Electronics Inc., Nanodems Corp., NICE Ltd., Robert Bosch GmbH, and Siemens AG. Also, the physical security information management (PSIM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43393

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Solution
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global physical security information management (PSIM) market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global physical security information management (psim) market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Solution Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Solution Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 PE and U - Market size and forecast 2023-2028
Exhibit 34: Chart on PE and U - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on PE and U - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on PE and U - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on PE and U - Year-over-year growth 2023-2028 (%)
6.4 Transportation - Market size and forecast 2023-2028
Exhibit 38: Chart on Transportation - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Transportation - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Transportation - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Transportation - Year-over-year growth 2023-2028 (%)
6.5 Commercial - Market size and forecast 2023-2028
Exhibit 42: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.6 Government and defense - Market size and forecast 2023-2028
Exhibit 46: Chart on Government and defense - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Government and defense - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Government and defense - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Government and defense - Year-over-year growth 2023-2028 (%)
6.7 Healthcare and others - Market size and forecast 2023-2028
Exhibit 50: Chart on Healthcare and others - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Data Table on Healthcare and others - Market size and forecast 2023-2028 ($ million)
Exhibit 52: Chart on Healthcare and others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Healthcare and others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
Exhibit 54: Market opportunity by End-user ($ million)
Exhibit 55: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Solution

7.1 Market segments
Exhibit 56: Chart on Solution - Market share 2023-2028 (%)
Exhibit 57: Data Table on Solution - Market share 2023-2028 (%)
7.2 Comparison by Solution
Exhibit 58: Chart on Comparison by Solution
Exhibit 59: Data Table on Comparison by Solution
7.3 Software - Market size and forecast 2023-2028
Exhibit 60: Chart on Software - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Software - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Software - Year-over-year growth 2023-2028 (%)
7.4 Services - Market size and forecast 2023-2028
Exhibit 64: Chart on Services - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Services - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Services - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Solution
Exhibit 68: Market opportunity by Solution ($ million)
Exhibit 69: Data Table on Market opportunity by Solution ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 AARMTech Engineering Pvt. Ltd.
Exhibit 123: AARMTech Engineering Pvt. Ltd. - Overview
Exhibit 124: AARMTech Engineering Pvt. Ltd. - Product / Service
Exhibit 125: AARMTech Engineering Pvt. Ltd. - Key offerings
12.4 ARES Security Corp.
Exhibit 126: ARES Security Corp. - Overview
Exhibit 127: ARES Security Corp. - Product / Service
Exhibit 128: ARES Security Corp. - Key offerings
12.5 AxxonSoft
Exhibit 129: AxxonSoft - Overview
Exhibit 130: AxxonSoft - Product / Service
Exhibit 131: AxxonSoft - Key offerings
12.6 Canon Inc.
Exhibit 132: Canon Inc. - Overview
Exhibit 133: Canon Inc. - Business segments
Exhibit 134: Canon Inc. - Key news
Exhibit 135: Canon Inc. - Key offerings
Exhibit 136: Canon Inc. - Segment focus
12.7 Carrier Global Corp.
Exhibit 137: Carrier Global Corp. - Overview
Exhibit 138: Carrier Global Corp. - Business segments
Exhibit 139: Carrier Global Corp. - Key news
Exhibit 140: Carrier Global Corp. - Key offerings
Exhibit 141: Carrier Global Corp. - Segment focus
12.8 easypsim AG
Exhibit 142: easypsim AG - Overview
Exhibit 143: easypsim AG - Product / Service
Exhibit 144: easypsim AG - Key offerings
12.9 Everbridge Inc.
Exhibit 145: Everbridge Inc. - Overview
Exhibit 146: Everbridge Inc. - Product / Service
Exhibit 147: Everbridge Inc. - Key offerings
12.10 Genetec Inc.
Exhibit 148: Genetec Inc. - Overview
Exhibit 149: Genetec Inc. - Product / Service
Exhibit 150: Genetec Inc. - Key offerings
12.11 Hexagon AB
Exhibit 151: Hexagon AB - Overview
Exhibit 152: Hexagon AB - Business segments
Exhibit 153: Hexagon AB - Key news
Exhibit 154: Hexagon AB - Key offerings
Exhibit 155: Hexagon AB - Segment focus
12.12 Johnson Controls International Plc
Exhibit 156: Johnson Controls International Plc - Overview
Exhibit 157: Johnson Controls International Plc - Business segments
Exhibit 158: Johnson Controls International Plc - Key news
Exhibit 159: Johnson Controls International Plc - Key offerings
Exhibit 160: Johnson Controls International Plc - Segment focus
12.13 Kentima AB
Exhibit 161: Kentima AB - Overview
Exhibit 162: Kentima AB - Product / Service
Exhibit 163: Kentima AB - Key offerings
12.14 LG Electronics Inc.
Exhibit 164: LG Electronics Inc. - Overview
Exhibit 165: LG Electronics Inc. - Product / Service
Exhibit 166: LG Electronics Inc. - Key offerings
12.15 NICE Ltd.
Exhibit 167: NICE Ltd. - Overview
Exhibit 168: NICE Ltd. - Business segments
Exhibit 169: NICE Ltd. - Key news
Exhibit 170: NICE Ltd. - Key offerings
Exhibit 171: NICE Ltd. - Segment focus
12.16 Robert Bosch GmbH
Exhibit 172: Robert Bosch GmbH - Overview
Exhibit 173: Robert Bosch GmbH - Business segments
Exhibit 174: Robert Bosch GmbH - Key news
Exhibit 175: Robert Bosch GmbH - Key offerings
Exhibit 176: Robert Bosch GmbH - Segment focus
12.17 Siemens AG
Exhibit 177: Siemens AG - Overview
Exhibit 178: Siemens AG - Business segments
Exhibit 179: Siemens AG - Key news
Exhibit 180: Siemens AG - Key offerings
Exhibit 181: Siemens AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations