COVID-19 has hurt the physical security industry in 2020. But companies are eagerly looking forward to 2021 when they expect demand to pick up.
Growth, regardless of what happened in 2020, is what most security companies expect. But what would drive this growth is the real question. The pandemic has disrupted traditional demand. Are we going to see a return to pre-COVID demand, or should we look forward to something more?
"From what we have observed over the past months, we're positive that the market will continue to grow," said Ray Mauritsson, CEO of
Axis Communications. "People have a fundamental need to feel secure and surveillance systems – be that in a private or a public context – can help to create a safer and more secure environment. Many of the technologies that have com...