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INSIGHTS
Security 50 companies experience the COVID impact
Source:
Prasanth Aby Thomas, Consultant Editor
Date:
2020/11/09
Related tags:
security 50
,
COVID-19
COVID-19's disastrous impact on the security business has resulted in companies considering various options to remain profitable.
COVID-19 has had a nasty impact on security business in 2020. There are no two ways of looking at it. Companies can sugarcoat it as much as they want, but numbers don't lie. The market demand that dipped in the first half of this year is yet to recover.
2020 is a year of crisis for the security industry.
A thorough review of COVID-19’s business impact is necessary at this stage. This report presents a qualitative study of some of the largest security solutions manufacturers' business performance, along with a quantitative survey covering several different companies.
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