World News: 21:45 GMT Friday 14th September 2018. [Technavio Research via Businesswire via SPi World News]
According to the latest market research report released by Technavio, the global physical security information management (PSIM) market is expected to accelerate at a CAGR of almost 15% during the forecast period. The rise in smart city projects is one of the key factors triggering the growth of the market.
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According to the latest market research report released by Technavio, the global physical security information management market is expected to accelerate at a CAGR of almost 15% until 2021 (Graphic: Business Wire)
This research report titled ‘Global Physical Security Information Management Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing.
The market research analysis categorizes the global physical security information management market into the following products:
In 2016, the services segment accounted for 66% of the global market and is projected to reach 69% by 2021, exhibiting almost a 3% increase in market share.
Global physical security information management market: Top emerging trend
The introduction of customized solutions and integrated packages is an emerging trend in the IT security space. Several vendors in the global PSIM market are focusing on offering customized PSIM solutions to fulfill the specific needs of customers ranging from small businesses to enterprises. In addition, some vendors in the market provide open architecture systems that are designed to adapt to the current network environment. Integrated PSIM solutions manage all systems from a single, integrated interface. Therefore, customized and integrated PSIM solutions will help boost the growth of the market during the forecast period.
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Technavio’s report provides expert market research on the following topics:
Market Segmentation Analysis
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Business Wire: 21:45 GMT Friday 14th September 2018
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