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Stock impact report

Physical Security Information Management (PSIM) Market Report 2024: Global Growth Fueled by Escalating Cyber Threats and Smart City Initiatives [Yahoo! Finance]

Everbridge, Inc. (EVBG) 
Last everbridge, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.everbridge.com
Company Research Source: Yahoo! Finance
The latest market analysis on the global Physical Security Information Management (PSIM) sector reveals a significant projected increase in market value, from $1.48 billion in 2023 to an anticipated $3.16 billion by 2028. This robust growth, calculated at a compound annual growth rate (CAGR) of 16.1%, reflects the critical demand for advanced security solutions in the face of rising cyber threats and the expansion of smart city projects worldwide. European Market Dominance with Asia-Pacific Regions Showing Rapid Growth The historical performance of various regions within the PSIM market has positioned Europe at the forefront in terms of market size in 2023. However, the Asia-Pacific region is identified as the fastest-growing market, indicating a dynamic shift in global security needs and technological adoption. Key Market Drivers and Trends A detailed market analysis emphasizes several pivotal elements influencing the market, such as: A rise in cybercrime leading to bolste Show less Read more
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