TechNavio today launched its report, Global Physical Security Information Management Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s IT Security team said: ”The Global Physical Security Information Management (PSIM) market is a mix of pure-play vendors and large enterprises. Large enterprises are acquiring pure-play vendors to gain technological expertise and enhance their product portfolios. Moreover, acquiring pure-play vendors helps large enterprises increase their share in the Global PSIM market.”
According to the report, governments around the world have started developing smart cities in response to the increase in the number of security threats. Smart cities are equipped with the latest security technologies such as video surveillance, access cards, and biometrics to ensure the safety of the inhabitants. These technologies may be employed at commercial as well as residential complexes. With numerous security technologies being employed, it becomes imperative to be able to manage and monitor all the security devices. PSIM is able to address this need; therefore, there is a demand for PSIM in smart cities.
Further, the report reveals that the continual postponement in the purchase of PSIM software, due to the global economic uncertainty, can adversely affect the Global PSIM market.
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 a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-physical-security-information-ma…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Security market research, please visit https://www.technavio.com/security
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