PSIM market to grow, report says

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Friday, December 28, 2012

NAPERVILLE, Ill.—A new report prepared by market analysts at TechNavio says the global Physical Security Information Management (PSIM) market is expected to grow at a CAGR of 30.34 percent over the period 2011-2015.

Key factors contributing to market growth, according to the report, [http://www.reportstack.com/product/91833/global-ph... include the increasing number of “smart cities,” and the higher rate of market consolidation.

A factor that could pose a challenge to such growth is the “interoperability across multiple security devices.

TechNavio’s report, which covers the Americas, and the EMEA and APAC regions, also includes a discussion among key vendors operating in the market. 

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