Our 2020-2025 World report on the Physical Security business forecast growth of 3% over the course of 2021. Whilst the pandemic has continued to cause havoc to normal trading / working practices, vaccination programs are gathering pace in many countries and there is more optimism that that the COVID-19 virus can be bought under control by the end of the year. Coming out of the significant decline in 2020, we expect the leading suppliers to capitalise on the volatile market, where smaller suppliers will struggle. We have identified 3 critical strategic factors that we anticipate will shape the physical security market over the coming 2 years. 1. Successful vendors will need to focus on buyers with a strong financial base and access to cash. COVID-19 will have created numerous Small to Medium Size Companies (SMEs) drained of sufficient resources to survive and governments lacking the funds / creativity to support them. Within the next 2 […]