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TMCNet:  Research and Markets: Asia-Pacific Physical Security Information Management (PSIM) Market 2014-2018 with CNL Software, NICE Systems, Tyco International Ltd. (Proximex Corp.) & VidSys Dominating

[May 27, 2014]

Research and Markets: Asia-Pacific Physical Security Information Management (PSIM) Market 2014-2018 with CNL Software, NICE Systems, Tyco International Ltd. (Proximex Corp.) & VidSys Dominating

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/6zqj6m/physical_security) has announced the addition of the "Asia-Pacific Physical Security Information Management (PSIM) Market 2014-2018 with CNL Software, NICE Systems, Tyco International Ltd. (Proximex Corp.) & VidSys Dominating" report to their offering.

The PSIM market in the APAC region will grow at a CAGR of 42% percent over the period 2013-2018.

The increasing number of smart cities in the APAC region is one of the main drivers. The APAC region is witnessing tremendous growth in the development of smart cities in China, India, Australia, and South Korea. The easy deployment and management features of PSIM solutions are increasing their adoption in these smart cities.

The PSIM market in the APAC region is witnessing increase in the acceptance of PSIM solutions among large corporatesacross the region. Although governments of different countries were the largest end-user of PSIM solutions in 2013, PSIM solutions were largely accepted by corporates in the region. The fact that PSIM, though expensive, gives quick ROI (12 to 18 months) is increasing its penetration in among the large corporate entities. However, smaller entities still lack awareness and capital to invest in PSIM, which will affect the market revenue during the forecast period.


Further, the report states that the increasing popularity of VMS is one major challenge. The Global Security market is witnessing an increase in VMS popularity after the introduction of unified VMS solutions, which inhibits the growth of the PSIM market in the APAC region.

Key Vendors

  • CNL Software Ltd.
  • NICE Systems (News - Alert) Ltd.
  • Tyco International Ltd. (Proximex Corp.)
  • VidSys Inc.

Other Prominent Vendors

  • AxxonSoft Ltd.
  • Genetec Inc.
  • Intergraph Corp. (News - Alert)
  • Mer Inc.
  • Milestone Systems A/S
  • PRYSM SOFTWARE Ltd.
  • S2 Security Corp.
  • Verint Systems Inc.
  • videoNEXT Network Solutions (News - Alert) Inc.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report.

For more information visit http://www.researchandmarkets.com/research/6zqj6m/physical_security


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