The global security sector still presents “tremendous investment opportunities” in spite of the global economic crash forced by the Covid-19 coronavirus pandemic, and is expected to rebound after a brief slowdown, although growth will be slower than previously predicted, according to analysis by Frost & Sullivan.
In their report, Post-pandemic growth opportunity in the global security industry, Frost & Sullivan predicted that in the best-case recovery scenario, the industry would grow at a compound annual growth rate (CAGR) of 4.3%, hitting $140.6bn (€123bn/£112.4bn) in 2025 from $109.3bn in 2019.
