PSIM is a software platform that integrates multiple security systems. PSIM software collects data from multiple security systems, which it collates and analyzes. The software can be used to integrate security and non-security systems, and can be customized as per user requirements. PSIM is also termed a situation management tool as it enables end-users to make quick decisions and take follow-up action with respect to a certain situation or event.
The analysts forecast the PSIM market in the APAC region will grow at a CAGR of 42.15 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the PSIM market in the APAC region for the period 2014-2018. To calculate the market size, the report takes into account revenue generated through sales of the following products: Software (PSIM software) and Services (consultation, integration, software upgrades, software patches, and others)
The report also considers the revenue received by the PSIM market in the APAC region from the following end-user segments: Critical Infrastructure (ports and airports, utilities (water, electricity, steam, and others)), Energy, Oil, and Gas Industry, military, and mining); Public Services (police and law enforcement bodies, homeland security, Transportation industry, Healthcare industry, road and rail networks, and Education sector); Commercial (BFSI industry, Retail industry, Manufacturing and Distribution industry, and corporate enterprises and bodies)
The report, the PSIM Market in the APAC Region 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the PSIM market in the APAC region landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.