Global Physical Security Information Management (PSIM) Market, 2019-2023; Dominated by CNL Software, Hexagon, Johnson Controls, NEC Corporation, and Vidsys - ResearchAndMarkets.com

The "Global Physical Security Information Management (PSIM) Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The physical security information management (PSIM) market will register a CAGR of over 18% by 2023.

Enterprises need to comply with certain government regulations such as HIPAA, GDPR, the Sarbanes-Oxley (SOX) Act, GLBA, PCI DSS, and the International Organization for Standardization (ISO) 17799. Thus, PSIM solutions play a major part in assisting enterprises to comply with the regulatory requirements.

PSIM solutions can support enterprises to comply with the regulations as mandated by HIPAA. PSIM directly supports the SOX requirements for policy enforcement, fraud reduction, compliance auditing, and risk assessment.

By streamlining the management of access rights and user identities, automating the enforcement of the segregation of duties and policies, and automating time-consuming reports and audits, PSIM solutions help enterprises in establishing strong security policies across the enterprise and simultaneously reduce the overall cost of compliance.

Emergence of smart cities

Smart cities must address the issue of public safety and mitigate crime holistically to provide a high quality of life to the people. PSIM solutions enable the efficient use of resources to ensure the safety and security of smart city infrastructure, the safety of citizens, and promote a safe and secure city environment. Therefore, several smart cities are adopting advanced PSIM solutions.

Networking and connectivity issues in cloud-based PSIM

As the PSIM solutions depends on the availability and quality of the network connection. one of the major requirements for the efficient performance of cloud-based solutions is a strong and robust network connection. However, developing regions and some parts of the developed regions are still plagued with slow and inconsistent network connections.

The unavailability of proper network connections will result in cloud-based PSI M services and applications being unprotected and prone to cyber-attacks.

Competitive Landscape

The physical security information management (PSIM) market appears to be fragmented with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

• CNL Software
• Hexagon
• Johnson Controls
• NEC Corporation
• Vidsys
  

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry

PART 06: MARKET SEGMENTATION BY PRODUCT

• Comparison by product
• Services - Market size and forecast 2018-2023
• Software - Market size and forecast 2018-2023
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

• Comparison by end-user
• Power, energy, and utility - Market size and forecast 2018-2023
• Transportation - Market size and forecast 2018-2023
• Commercial - Market size and forecast 2018-2023
• Government and defense - Market size and forecast 2018-2023
• Public surveillance - Market size and forecast 2018-2023
• Other end-user - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges
• Market trends

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• CNL Software
• Hexagon
• Johnson Controls
• NEC Corporation
• Vidsys Inc.

For more information about this report visit https://www.researchandmarkets.com/research/l42d5m/global_physical?w=4