During the last 4 months Covid-19 has created an economic tsunami across the world, and in its wake has caused a reduction in demand for physical security products during the first 4 months of 2020. Memoori’s annual world report on the Physical Security Business has over the last 12 years shown that only in 2 years 2008/9 during the financial crisis has demand for physical security products declined. The total value of world production of Physical Security products at factory gate prices in 2019 was $34.31Bn, an increase of 8.5% on 2018 whist the compound annual growth over the last 5 years was 7.24 % and 6.27% over the last 12 years which includes the economic world crisis of 2008/9. This proves that the Physical Security industry supplies products that provide a valuable and vital service and delivers a return in a relatively short time. It has proven that it is a very robust business […]