Security

Physical Security Will Need to Adapt & Innovate to Drive Growth in Post-COVID Era

It’s a strange time for physical security in commercial real estate. After protecting empty commercial buildings for the last few months, the physical security industry now faces new challenges for the long-awaited return to the office. Maintaining a secure environment for assets and occupants while limiting security personnel to reduce the overall number of people in a building, for example, or understanding the role of security in helping to enforce social distancing and reduce the spread of the virus. The three key segments of the physical security market are feeling this disruption differently, but all must innovate to succeed in a post-COVID world. Video Surveillance The video surveillance market represented 56% of world sales of physical security products in 2019, according to our Q4 2019 Physical Security Business report. When the outbreak and lockdowns took hold in China in Q1 2020, supply constraints began to impact the global market. However, by the time factories reopened […]

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Mapping the strategy of Allegion in the Smart Building and PropTech Space
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Mapping the Strategic Direction of Allegion in the Smart Building & PropTech Space

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