Physical security incidents cost the world’s biggest firms $1 trillion in 2022
Large global companies lost a combined $1 trillion in revenue in 2022 due to physical security incidents, while economic unrest is expected to be the greatest security-impacting hazard in the next 12 months, itself a significant increase on the prior year. That according to a new report commissioned by Allied Universal, based on an anonymous […]
8 steps to a physical security strategy
In the digital era, where cyber threats often dominate headlines, it’s crucial not to overlook the significance of physical security for UK businesses. Protecting tangible assets, from human resources to infrastructure and equipment, is equally vital. Here are the key elements of physical security that UK businesses should prioritise… Access Control: Doors and Locks: Sturdy […]
The Essentials of Physical Security: The 8 pillars of a basic strategy
In a world where cyber threats garner much attention, the significance of physical security in safeguarding businesses cannot be understated. Physical security involves the use of multiple layers of protective measures to ensure the safety of personnel, assets, and information. This primer aims to detail the key aspects of physical security… 1. Physical Barriers: The […]
Could the physical security market be worth $171.4 Billion by 2028?
The global physical security market size reached $116.8 billion last year and has been predicted to reach U$171.4 billion by 2028, equivalent to a compound annual growth rate (CAGR) of 6.4%. That’s according to a report from IMARC Group, which says areas such as video surveillance, access control systems, biometrics, and analytics, are driving the growth […]
OPINION: The convergence of physical and cybersecurity: A new era of integrated protection?
As the lines between physical and digital spaces blur, the once distinct realms of physical security and cybersecurity are converging. This intersection has ushered in a new era of integrated protection, reshaping our approach to securing assets, data, and people. Historically, physical security and cybersecurity operated independently, each with its unique methods and tools. Physical […]
Predicting the future evolution of physical security
The physical security market is undergoing a rapid transformation, driven by advancements in technology and the growing need for robust security solutions. As we look ahead, it becomes evident that the future of physical security will be shaped by emerging trends and innovations. This article explores the likely evolution of the physical security market and […]
The transformative impact of AI on physical security
Artificial Intelligence (AI) is revolutionising various sectors, and one area where its impact is becoming increasingly significant is in the realm of physical security. From surveillance systems to access control, AI-powered solutions are reshaping how we safeguard our physical spaces… Enhanced Surveillance One of the primary applications of AI in physical security is in surveillance […]
Demand for physical security to hit $209bn
The Global Physical Security market is predicted to grow from $112.67 billion in 2022 to $209.52 billion by 2032, equivalent to a Compound Annual Growth Rate (CAGR) of 6.4% over the period. A new report from Spherical Insights classes physical security as the measures put in place to protect physical assets, such as buildings, equipment, […]
Physical security market set for 6.8% growth this decade
The global physical security market size is expected to reach $216.43 billion by 2030, registering a CAGR of 6.8% over the next seven years. ReseachAndMarkets’ latest study says increasing awareness about securing the perimeter in developing economies has led to a rise in deployment of IP-based cameras in residential societies as well as commercial complexes […]
Sustainability now a key issue for security industry
Sustainability, Mobile IDs and a changing workforce are among top concerns being reported by security professionals, according to a new study. HID’s State of the Security Industry Report, gathered responses from 2,700 partners, end users, and security and IT personnel across a range of titles and organization sizes representing over 11 industries. Conducted in the […]
