Security Today: What You Need to Know
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.
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.
Peter Cavicchia II