Six top trends for the physical security sector in 2022
By Johan Paulsson, CTO at Axis Communications As we look to 2022 it’s clear that matching the ongoing pace of technological innovation to an equal evolution in building trust in the use of technology is imperative. Trust is becoming increasingly important for individuals, organisations, and legislators, so it’s interesting to see how many of our […]
Data centre physical security set for boom
The data centre physical security market is poised to grow by $1.73bn between 2021-2025, progressing at a CAGR of 8.41%, driven by the need to comply with regulations and the growing threat of cyberattacks. The report, from ResearchandMarkets, on the data centre physical security market provides a holistic analysis, market size and forecast, trends, growth drivers, […]
Study highlights hybrid working security concerns
96% of business leaders and 93% of employees agree that it is important for their company to have a system in place that logs and tracks visitors who enter and exit the building when employees work in the office. That’s according to data from Securing the New Hybrid Workplace, a report from Entrust that surveyed 1,500 […]
Physical security for data centres to hit $1bn by 2026
The data center physical security market is expected to grow at a CAGR of over 7.42% during the period 2020−2026, to hit sales of $1,045.9m by the end of the forecast period. That’s according to a new report from Arizton Advisory & Intelligence, which says: The global physical security market is growing due to an […]
Physical security market to grow 6.5% by 2027
The Global Physical Security Market size was estimated at $78.23 billion in 2020 and expected to reach $83.87 billion this year, followed by a Compound Annual Growth Rate (CAGR) of 7.54% from 2020 to 2026 to reach $121.01 billion. A new report published by ResearchandMarkets, analyses the competitive landscape in terms of markets, applications and […]
COVID pandemic increased the importance of physical security
75% of security and FM professionals say the COVID pandemic increased the importance of physical security in their organisations, while 60% say they either see a need for immediate cloud-based technology upgrades or are considering it in the near future. That’s according to a survey conducted by Brivo from November 2020 to January 2021 among […]
Impact of COVID-19 on physical security market revealed
A new report delivers what it calls the best estimate of the global market for physical security products going forward to 2025, based on two scenarios. In March 2020, The World Health Organization declared COVID-19 a global pandemic. Within a few weeks, it was clear that the pandemic was highly likely to cause the world’s […]
COVID-19 to push physical security market value beyond $150bn
The global physical security market generated $78 billion in 2016, and is expected to generate $153 billion by 2023, registering a CAGR of 10.3% over the period. That’s according to the latest report from Allied Market Research, which says COVID-19, an increase in terrorism activities, surge in awareness regarding personal security, and technological advancements are driving the […]
Global physical security market to hit $120.3bn by 2025
The global physical security market size is expected to grow from $84.2 billion in 2018 to $120.3 billion by 2025, equivalent to a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. A new report from ResearchandMarkets says rising incidents of terror attacks, technological advancements and deployment of wireless technology in security systems, […]
Physical security market worth $120.3 billion by 2025
The physical security market is expected to grow from $93.5 billion in 2020 to $120.3 billion by 2025, equivalent to a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. New analysis by MarketsandMarkets pinpoints the major drivers as the rising incidents of terror attacks, technological advancements and deployment of wireless technology in […]
