“The Physical Security Business 2020 to 2025” including Covid-19 scenarios
– a definitive resource for access control, Video surveillance & intruder alarm / perimeter protection market Research.
Released: in December 2020
Pages: 324
Charts & Tables: 31
In March 2020, The World Health Organization declared Covid-19 a global pandemic. Within a few weeks it was clear that the pandemic was highly likely to cause the world’s worst recession in the last 100 years. In June 2020, the World Bank published a baseline forecast envisioning a 5.2% contraction in global GDP in 2020.
Against this backdrop, this report from Memoori delivers a best estimate of the global market for physical security products going forward to 2025 based on two scenarios. At this time, Covid-19 has been having second spikes in Q3 / Q4 and several countries are experiencing rolling lockdowns. The authors of the report believe that it is most likely that the global markets take around a year to return to some normality and mass global adoption of a vaccine is achieved within 18 months. The report states that this scenario has a probability of 65%.
This report is the Memoori’s 12th annual detailed analysis that brings together all the factors that influence this industry’s future. To do this we assess the structure and size of the combined physical security industry then break down by size of product, sales by major sector and geographic region and forecast sales to 2025.
In its 324 pages including 31 tables and charts the report presents all the key facts and draws conclusions that explain what is shaping the future of the physical security industry.
Don’t miss it out – order it here.
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