The global physical security market has remained strong during the pandemic, Memoori Research reports from Stockholm, Sweden.
“Principal technology drivers of demand over the period include the growth in IoT and building systems integrations, rising demand for remote management and control, particularly cloud-based ACaaS and VSaaS services, and AI-based video analytics. All of these technologies are covered in detail in our new report. Meanwhile, macro market drivers such as crime, persistent terror threats, border disputes, and refugee crises will also continue to drive the adoption of physical security technologies,” Memoori advises.
Pandemic or not, businesses appear to be keeping their priorities strong, security high among them.