Video Surveillance and New Access Control Tech Driving Physical Security Market

Much has been made recently of how the physical security market is growing by leaps and bounds. In 2020, the physical security market stood at a $104.6 billion valuation, and is expected to jump to $192.9 billion by 2030.

Driving that growth is the unfortunate increase in terror attacks and ever more sophisticated threats that face companies worldwide, according to a press release from Allied Analytics.

The Power of the Cloud — Major U.S. Security Players Raise $192M for Cloud Security

When it comes to physical security, the cloud is everywhere. That was more apparent than ever when news came out this month that two companies — Eagle Eye Networks and Brivo — major U.S.-based physical security players, have jointly raised $192 million in equity funding for cloud-based programs.

Experts Say Terror Attacks Will Result in $192.9 Billion Physical Security Industry by 2030

With global fears over increased terrorist threats — both physical and cyber — businesses and institutions of all sizes are faced with a reality that security has to be a central concern. A new report from Allied Analytics offers a window into how these increased threats are driving the physical security market. A robust market is good for the physical security industry, but also signifies companies need to prioritize effective security protocols to protect themselves from these burgeoning terror threats.

A New Era of Threats Emphasize the Importance of Modern Pro Sports Security

At the recent 2023 RSA Conference in San Francisco, security topics of all kinds came up in discussion. From personal identity online to looming cyber threats facing the government and institutions, from artificial intelligence (AI) to threats facing the music industry, the conference painted a broad picture of where we are today in addressing security threats that impact all private and public sectors.