Security

A Healthy Security Industry Will Confidently Ride Out the Economic Storm in 2012

Traditionally this is the time for reflection on the past year and forecasting the trends over the next 12 months. Memoori’s annual report on the world’s Physical Security industry showed that in 2011, despite a troubled economic climate, it increased revenues and profitability whilst merger and acquisition surged by more than double in the last 2 years to $9.847 billion. So the security industry looks like a safe port in the storm with 2 main factors contributing to its robustness. The first being the continued growth in emerging markets particularly Asia, where they shrugged off the global economic downturn and the second is the growth in network video surveillance solutions. The latter will certainly continue to increase its market share despite poor economic trading conditions in 2012 and the former likewise will increase their share. The question now on everyone’s mind is will the problem of sovereign debt in the Eurozone receive the political action […]

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