Physical Security Information Management Market: By Deployment, By Solution, By End User, Transportation and Logistics, Government and Defense, Industrial Manufacturing, Healthcare, IT and Telecom, Energy and Utility and Other End Users) and Region Forecast 2019-2030
Physical Security Information Management (PSIM) Market size was valued US$ 452.5 million in 2023 and poised to grow at significant CAGR of 15.1% from 2024-2030. Increasing government initiatives for smart cities, growing demand for centralized control systems, rising adoption of PSIM in various end-use sectors and surging demand for sophisticated organizational security are some key factors fostering the market growth. However, high cost of deployment & integration and rising penetration of rival software solutions are the factors inhibiting the market growth. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global physical security information management (PSIM) products. Global market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in May 2019, Evoteq partnered with Johnson Controls to introduce an end-to-end integrated Artificial Intelligence platform to create smart buildings and districts.
Study Period
2025-2031Base Year
2024CAGR
15.1%Largest Market
Asia-PacificFastest Growing Market
North-America
Physical Security Information Management or simply PSIM is a comparatively novel technology allowing companies to streamline, automate, and measure security tasks and workflows to upsurge operational efficiency and reduce ongoing security costs. It can help banks address many types of security threats and operational issues more effectively and efficiently. PSIM in use for traffic management integrated control room technology using physical security information management technology can help traffic run more smoothly in complex urban environments. Beyond the time-saving and efficiency benefits of automation, it enables modern business processes that are essential to any modern security department. PSIM is also used in government and defense, industrial manufacturing, healthcare, IT and Telecom, energy and utility and other end users industries and hence increases the demand for the market.
Asia Pacific accounted for larger revenue share in global physical security information management (PSIM) market with considerable CAGR. The growth in this region is due to growing demand for centralized management and growing smart city projects to enhance the performance of security applications. North America held significant market share throughout the forecast period. The presence of stringent regulations on IT security compliance and governance motivates for the high growth of the market in the region
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2025-2031 |
|
Market Size in 2023 |
US$ 452.5 million |
|
Market CAGR |
15.1% |
|
By Deployment |
|
|
By Solution |
|
|
By End User |
|
|
By Region |
|
Download Free Sample Report
Physical security information management psim market size was valued US$ 452.5 million in 2023 and poised to grow at a CAGR of 15.1% from 2024-2030.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
AxxonSoft Ltd, CNL Software Ltd, Genetec, Intergraph Corporation, Mer Inc, Milestone Systems A/S, NICE Systems Ltd, S2 Security Corporation, Tyco International Limited, Verint Systems, VideoNEXT Network Solutions Inc, VidSys Inc
| 1.Executive Summary |
| 2.Global Physical Security Information Management Psim Market Introduction |
| 2.1.Global Physical Security Information Management Psim Market - Taxonomy |
| 2.2.Global Physical Security Information Management Psim Market - Definitions |
| 2.2.1.Deployment |
| 2.2.2.Solution |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Physical Security Information Management Psim Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Physical Security Information Management Psim Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Physical Security Information Management Psim Market By Deployment, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. On-premise |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Cloud |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Physical Security Information Management Psim Market By Solution, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Software |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Service |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Physical Security Information Management Psim Market By End User, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Banking, Financial Services and Insurance (BFSI) |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Transportation and Logistics |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Government and Defense |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Industrial Manufacturing |
| 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Healthcare |
| 7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. IT and Telecom |
| 7.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Energy and Utility |
| 7.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Other End Users |
| 7.8.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 8.Global Physical Security Information Management Psim Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Physical Security Information Management Psim Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.On-premise |
| 9.1.2.Cloud |
| 9.2. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Software |
| 9.2.2.Service |
| 9.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Banking, Financial Services and Insurance (BFSI) |
| 9.3.2.Transportation and Logistics |
| 9.3.3.Government and Defense |
| 9.3.4.Industrial Manufacturing |
| 9.3.5.Healthcare |
| 9.3.6.IT and Telecom |
| 9.3.7.Energy and Utility |
| 9.3.8.Other End Users |
| 9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Physical Security Information Management Psim Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 10.1. Deployment Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.On-premise |
| 10.1.2.Cloud |
| 10.2. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Software |
| 10.2.2.Service |
| 10.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Banking, Financial Services and Insurance (BFSI) |
| 10.3.2.Transportation and Logistics |
| 10.3.3.Government and Defense |
| 10.3.4.Industrial Manufacturing |
| 10.3.5.Healthcare |
| 10.3.6.IT and Telecom |
| 10.3.7.Energy and Utility |
| 10.3.8.Other End Users |
| 10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Physical Security Information Management Psim Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 11.1. Deployment Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.On-premise |
| 11.1.2.Cloud |
| 11.2. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Software |
| 11.2.2.Service |
| 11.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Banking, Financial Services and Insurance (BFSI) |
| 11.3.2.Transportation and Logistics |
| 11.3.3.Government and Defense |
| 11.3.4.Industrial Manufacturing |
| 11.3.5.Healthcare |
| 11.3.6.IT and Telecom |
| 11.3.7.Energy and Utility |
| 11.3.8.Other End Users |
| 11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Physical Security Information Management Psim Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 12.1. Deployment Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.On-premise |
| 12.1.2.Cloud |
| 12.2. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Software |
| 12.2.2.Service |
| 12.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Banking, Financial Services and Insurance (BFSI) |
| 12.3.2.Transportation and Logistics |
| 12.3.3.Government and Defense |
| 12.3.4.Industrial Manufacturing |
| 12.3.5.Healthcare |
| 12.3.6.IT and Telecom |
| 12.3.7.Energy and Utility |
| 12.3.8.Other End Users |
| 12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Physical Security Information Management Psim Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 13.1. Deployment Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.On-premise |
| 13.1.2.Cloud |
| 13.2. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Software |
| 13.2.2.Service |
| 13.3. End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Banking, Financial Services and Insurance (BFSI) |
| 13.3.2.Transportation and Logistics |
| 13.3.3.Government and Defense |
| 13.3.4.Industrial Manufacturing |
| 13.3.5.Healthcare |
| 13.3.6.IT and Telecom |
| 13.3.7.Energy and Utility |
| 13.3.8.Other End Users |
| 13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.AxxonSoft Ltd |
| 14.2.2.CNL Software Ltd |
| 14.2.3.Genetec |
| 14.2.4.Intergraph Corporation |
| 14.2.5.Mer Inc |
| 14.2.6.Milestone Systems A/S |
| 14.2.7.NICE Systems Ltd |
| 14.2.8.S2 Security Corporation |
| 14.2.9.Tyco International Limited |
| 14.2.10.Verint Systems |
| 14.2.11.VideoNEXT Network Solutions Inc |
| 14.2.12.VidSys Inc |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.
Download Sample
