Our world report on the Physical Security Business 2020 -2025 shows that the industry in the last two years has faced serious challenges, none more so than the COVID-19 pandemic, but it has proved to be robust and will return to significant growth by 2025.   Major manufacturers will continue to increase their share of the business at the expense of small & medium size companies. Size matters in Physical Security. Big businesses will be able to sustain lower rates of growth during what will surely be lean years between 2021 to 2023, but still invest in R&D and new technologies. The global pandemic will have created thousands of struggling companies, that are already drained of sufficient cash to survive and governments will soon be turning off the life support that has kept them alive. This will have the knock-on effect of many not having the capability to finance new, or even upgrade security systems. However, […]