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Technavio

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Report predicts $62.75 billion growth for physical security over next four years

August 5, 2022SSN Staff

NEW YORK – The growth of the physical security market is picking up speed thanks to global concerns about crime and terrorism. Global market research firm Technavio has released its 2022-2026 forecast and analysis for the physical security market, with a forecast estimating an increase of $62.75 billion over the next four years. Driving factors in this market growth are driven by global concerns about crime and terrorism, Technavio said. The report cites major contributing factors...

Office for National Statistics (ONS), Statista, TechNavio


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