Security

Laying the Infrastructure for Global Physical Security Market Growth

The pandemic recovery strategies of major economies around the world present huge opportunities for the physical security industry. Recent stimulus packages and investment programs provide a huge boom in infrastructure spending under a common approach of “Build Back Better”. A variety of major infrastructure projects launched by prominent governments, in the wake of the COVID-19 to stimulate post-pandemic have direct impacts on the physical security sector, stimulating growth and reshaping the sector in unprecedented and unforeseen ways. “The global COVID-19 pandemic has created a significant change to the distribution of demand by vertical over the last two years, some of which will be largely short-term. Lockdowns, their economic impacts, and public concerns related to virus transmission have adversely affected sales in several markets including retail, leisure, and hotel verticals, and to a lesser extent offices. Conversely, investment in healthcare and logistics related sectors has risen sharply,” reads our latest security market research. “Our revised analysis sees […]

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