Six top security trends to watch for 2020
As we embark on a new decade, so comes the opportunity to set new business objectives and goals. It’s a time to consider how your security business can evolve not just over the next six months to a year, but also the next five to ten years.
It’s estimated that the global physical security market will reach US$292.40 billion in size by 2025, growing at a CAGR of 9.4%. When planning for the future, security businesses need to look outside of their micro environment and consider the macro trends that are shaping the growth of the industry as a whole, with an aim to grow their business amongst strong existing and emerging competition.
From more intelligent video analytics software to virtual guarding, and cloud technology to machine learning, there are a number of physical security and technology trends shaping the future of the industry. Here, Calipsa shares its top six physical security trends to watch in 2020.