Increased Use of PSIM for Identifying Network Issues Will Spur Growth in the PSIM Market in the EMEA Region through 2019

Reportstack has announced a new market research report on the Physical Security Information Management (PSIM) Market in EMEA Region, which is expected to post a CAGR of 16.7 percent from 2014-2019.

About the Report

The report emphasizes end-users in the critical infrastructure and commercial sectors, which are spread across multiple geographies in the EMEA region. These users have a huge IT infrastructure distributed across multiple locations, which makes it difficult for network administrators to identify, locate and respond to network issues immediately.

“End-users are adopting PSIM software to help network administrators quickly identify faults in their security systems, thus saving both time and money,” .The report also draws attention to the development of global PSIM standards as a key trend expected to impact market growth.

“Organizations such as ONVIF and PSIA are working together to enhance PSIM solutions to global standards. These regulations are expected to place an emphasis on the standardization of communication and interoperability between IP-based products, and highlight a common protocol for exchanging information between network video devices including intelligence metadata, video streaming, and automatic device discovery,”.

Key Information Covered in the Report:

Market segmentation, size and forecast through 2019

Market Growth Drivers:

Increased Use of PSIM to Identify Network Issues
For a full detailed list, view our report.

Market Challenges:

Intense Competition among Vendors
For a full detailed list, view our report.

Market Trends:

Increase in M&A
For a full detailed list, view our report.

Key Vendors:

CNL Software Ltd.
NICE Systems Ltd.
Tyco International Ltd.
VidSys Inc.

Other Prominent Vendors:

Axxon Soft
Milestone Systems

To view the table of contents and know more details please visit PSIM Market in the EMEA Region 2015-2019.