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Physical Security Information Management Market : Projection of Each Major Segment over the Forecast Period.
[September 18, 2017]

Physical Security Information Management Market : Projection of Each Major Segment over the Forecast Period.


The global physical security information management (PSIM) market features an exceedingly fragmented competitive landscape, with the top four companies collectively accounting for merely 36% of the overall market in 2016, observes a recent report by Transparency Market Research.



The top two vendors in the market, namely NEC Corporation and Tyco International, command prominent position in the global market owing to their extensive global network of delivery and service centers, especially in key emerging economies such as India, China, and Brazil.

Other key vendors in the global PSIM market, such as the emerging companies CNL Software Ltd., Milestone Systems A/S, Mer, Inc., Intergraph Corporation, and Vidsys, Inc., stay ahead of the competition with the help of a strong product portfolio. A large number of domestic players hold strong positions in key regional pockets, making it difficult for international players to strengthen their foothold in these lucrative markets.


Obtain Report Details @ https://www.transparencymarketresearch.com/pressrelease/physical-security-information-management.htm Transparency Market Research estimates that the physical security information management market will expand at a remarkable 18.7% CAGR over the period between 2016 and 2024. As a result, the market, which had a valuation of US$823.1 mn in 2015, will rise to US$3,832.6 mn by 2024.

In terms of geography, North America presently leads, holding a nearly 36% of the global PSIM market in 2015. Although the regional market expected to exhibit strong growth over the forecast period and retain its leading position, it will lose prominence to Asia Pacific and Europe in terms of growth pace over the forecast period. Of the key end users of PSIM solutions, the government and defense sector held the dominant 11.6% of the market in 2016.

Make an Enquiry @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3077 The global demand for effective physical security information management solutions is on a rise across the globe owing to a plethora of factors. Among these, the factors expected to have a lasting influence on market’s development include the increasing development of smart city projects, especially across developing economies, and the rising demand for centralized control over the disparate security systems.

The high cost associated with PSIM solution deployment is a major concern for the PSIM market. Furthermore, high adoption and extensive penetration of competitive software solutions such as video management systems and access control systems is expected to restrain the PSIM market across the world.

About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com

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