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[Research Report] Global Market for Physical Security Information Management (PSIM)

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The global Physical Security Information Management (PSIM) market is projected to grow from $1.26 billion in 2022 to $1.48 billion in 2023, with a CAGR of 17.6%. The war between Russia and Ukraine has disrupted the potential for global economic recovery from the COVID-19 pandemic, at least in the short term. This conflict has led to economic sanctions against multiple countries, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The PSIM market is expected to reach $2.72 billion by 2027, with a CAGR of 16.4%.

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