Physical Security Information Management Market Size 2022-2027, Industry Trends, Growth, Share, Analysis and Forecast
The latest research study " Physical Security Information Management Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global physical security information management market reached a value of US$ 1,019.1 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2,419.3 Million by 2027 exhibiting a CAGR of 14.70% during 2022-2027. Physical security information management (PSIM) system integrates several non-connected security systems and information devices controlled by an extensive user interface. It consists of access control systems, sensors, geographic information system (GIS) mapping, closed-circuit television camera (CCTV), and network building solutions. PSIM system also collects and correlates events from existing security devices, enabling professionals to identify and proactively resolve emergencies in real-time. Owing to these b...