Memoori’s 3rd annual report The Physical Security Business in 2011 shows that growth in this market can only come about during the next 3 years from a stream of more innovative products and systems that deliver on meeting the customers need to drive more ROI out of its investment. Physical security needs to move, as far as is possible, from a cost centre to a profit centre status, if it’s to overcome the anticipated aftershock from the 2008 financial meltdown which now looks inevitable. This will dampen future demand but we are optimistic that as it can now deliver more attractive opportunities for clients to improve security and profit from it, demand will edge forward at a CAGR of 3.7% over the next 5 year period. The report identifies 5 emerging technologies that are already creating new business opportunities and also discusses advances in their development that will further impact on the business in the […]