Physical Security Information Management (psim) Market Worth $4.3 Billion By 2029

The Physical Security Information Management (PSIM) Market is expected to experience significant growth in the coming years due to increased focus on cybersecurity, expansion into new use cases, and integration with emerging technologies like AI and IoT. The market will also be driven by the adoption of cloud-based solutions, improved user interfaces, and compatibility with other systems, particularly in developing countries. The global market is projected to reach USD 4.3 billion by 2029, with a CAGR of 4.6% during the forecast period.