Security

Securing the Security of the Global Physical Security Market

“Tensions over alleged human rights violations and the ongoing trade war between China and the US has seen legislative moves, new sanctions, and tit-for-tat trade barriers erected that significantly disrupt the flow of physical security products between the two nations, and the ability of their respective manufacturers to trade in their respective markets,” explains our latest security report. “The impact has been so profound that the market is at risk of dividing into a two-track system, with one set of technologies, manufacturer products, systems and protocols being used in China, and a totally separate and parallel one operating in Western Nations.” The geopolitical friction between the world’s two superpowers is creating immediate challenges and long-term concern in many technology-driven sectors. Global trade has always been a political chess match between the world’s biggest economies, but during the Trump administration, the usual supply chain value wrestling spilled over into market entry barriers, human-rights sanctions, and bitter political antagonism […]

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