Report ID: SQMIG45A2345
Report ID:
SQMIG45A2345 |
Region:
Global |
Published Date: October, 2024
Pages:
197
|
Tables:
92 |
Figures:
74
Physical Security Information Management Market size was valued at USD 3.44 Billion in 2023 and is poised to grow from USD 3.59 Billion in 2024 to USD 5.03 Billion by 2032, growing at a CAGR of 4.3% during the forecast period (2025-2032).
Physical security information management is a platform or solution that integrates multiple non-linked security systems through a unified interface for better control and access. Growing incidence of physical intrusions, vandalism, and terrorist activities has boosted the demand for comprehensive security solutions thereby driving physical security information management market growth as well. Implementation of stringent mandates by governments necessitating the use of physical security systems and solutions is also boosting the adoption of physical security information management around the world. Use of artificial intelligence and other advanced technologies will improve the functionality of physical security information management solutions across the forecast period. On the contrary, high costs of implementation and integration are forecasted to slow down physical security information management market development in the future.
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Report ID: SQMIG45A2345