Global Physical Security Information Management Market to Grow 14.82% by 2020 - Lack of Professional Expertise a Key Challenge - Research and Markets

DUBLIN, July 13, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Physical Security Information Management Market 2016-2020" report to their offering.

The analysts forecast the global physical security information management market to grow at a CAGR of 14.82% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Integration of social media into PSIM will be a major trend in this market. Social media has given the PSIM operator a new source of data. Social media keyword prevalence, account management, and hashtag monitoring can give the PSIM operator a direct connection with people and their daily activities. Social media platforms such as Facebook, Twitter, and LinkedIn are often referred to as social data conduits in the security industry. They offer information streams that can be integrated into the real-time framework of PSIM platforms.

According to the report, one driver leading to the growth of this market is the use of mobile technology in PSIM. Mobile technology in PSIMs is likely to become mainstream as users become more accustomed to using apps to accomplish their daily tasks. Mobile apps that leverage the capabilities of smartphones can notify responders of events and keep security operations up-to-date with pictures and streamed video.

Further, the report states that the high total cost of ownership of PSIM solutions will be a major factor inhibiting this market's growth prospects.

Key vendors:

• CNL Software
• Qognify
• Tyco
• VidSys

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market description

PART 06: Important factors while selecting PSIM

PART 07: Latest developments in PSIM

PART 08: Product life cycle analysis

PART 09: Market landscape

PART 10: Impact of drivers

PART 11: Case study

PART 12: Market segmentation by type

PART 13: Market segmentation by end-user

PART 14: Market attractiveness by end-user

PART 15: Geographical segmentation

PART 16: Market challenges

PART 17: Impact of drivers and challenges

PART 18: Market trends

PART 19: Trends and their impact

PART 20: Five forces analysis

PART 21: Vendor landscape

PART 22: Buying criteria

PART 23: Key vendor profiles

PART 24: Assumptions

PART 25: Appendix

For more information visit http://www.researchandmarkets.com/research/pxmbwf/global_physical

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