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INSIGHTS

Spike in global safety concerns impact security industry

Spike in global safety concerns impact security industry
Among the numerous sentiments that have floated across the globe this year, a significantly common theme was “fear.” To be more precise, an increase of it.
Among the numerous sentiments that have floated across the globe this year, a significantly common theme was “fear.” To be more precise, an increase of it. A quick scan of global media reports over the year would show reasons for it too. 

From the rise of terrorism and war-induced migrant crisis to modern technological developments that have spiked privacy concerns, 2015 has seen the world struggling to come to terms with the fact that security is indeed an issue that has to be dealt with. 

This is evident in market analyses too. A recent report from Transparency Market Research showed that the global physical security market will expand at a healthy CAGR of 14.9 percent from 201...
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