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Physical Security Information Management (PSIM) Market to grow by USD 3.21 billion| Evolving Opportunities with AxxonSoft Inc., Everbridge Inc. & Genetec Inc.| 17000+ Technavio ReportsNEW YORK, Dec. 6, 2021 /PRNewswire/ -- The "Physical Security Information Management (PSIM) Market by End-user (PEU, transportation, commercial, government and defense, and others) and Geography (North America, Europe, APAC, MEA, and South America) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the physical security information management (PSIM) market between 2020 and 2025 is USD 3.21 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst. Some Companies Mentioned with their Offerings The physical security information management (PSIM) market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Key Market Dynamics:
The emergence of smart cities and the need to mitigate criminal activities and terrorist attacks are some of the key market drivers. However, factors such as infrastructural requirements will challenge market growth. To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now! The physical security information management (PSIM) market report is segmented by End-user (PEU, transportation, commercial, government and defense, and others) and Geography (North America, Europe, APAC, MEA, and South America). North America will be the leading region with 32% of the market's growth during the forecast period. The US is the key market for physical security information management (PSIM) in the region. The availability of adequate IT and business infrastructure, stringent regulations on IT security compliance and governance, and the high adoption of cloud-based IT security solutions and services will facilitate the physical security information management (PSIM) market growth in North America View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report. Related Reports: Mobile Security Software Market -The mobile security software market size has the potential to grow by USD 1.86 bn during 2020-2024, and the market's growth momentum will accelerate during the forecast period. Download a free sample now!
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