The PSIM Market in North America Will Post a CAGR of 7.22 Percent from 2014 to 2019: TechNavio

LONDON--()--TechNavio has announced the publication of a new market research report on the PSIM Market in North America, which is expected to grow at a CAGR of 7.22 percent from 2014-2019.

About the Report

According to the latest report by TechNavio, the number of security threats is increasing, which has spurred significant changes in the security landscape. New technologies have been developed to analyze security threats and unusual behavior, which has led to the need for fast processing of vast amounts of information from multiple security systems, in order to respond to threats.

“PSIM solutions consolidate all enterprise security elements, including physical security, into a sophisticated software, thus providing an optimum choice to organizations with many disparate systems across multiple locations,” says Faisal Ghaus, Vice President of TechNavio.

The new report also emphasizes the increasing adoption of PSIM solutions among large corporations and government institutions. The ROI generated with the use of PSIM solutions is significant compared to other physical security products, thus increasing their penetration among large corporate entities.

“Small entities lack awareness and the capital to invest in PSIM solutions, however investment from large organizations is expected to sustain the market during the forecast period,” says Ghaus.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Surge in Integration of Multiple Security Technologies
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
  • Key Vendors:
    • CNL Software Ltd.
    • NICE Systems Ltd.
    • Tyco International Ltd.
    • VidSys Inc.
  • Other Prominent Vendors:
    • AxxonSoft
    • Genetec
    • Intergraph
    • Mer

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the PSIM Market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

TechNavio has announced the publication of a new market research report on the PSIM Market in North America, which is expected to grow at a CAGR of 7.22 percent from 2014-2019.

Contacts

TechNavio Research
Jes Ellacott
US: +1 630 333 9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com