Freedonia In The News
Article Title: Report: Global demand for security tech to reach $126B in 2018
Publication: SecurityInfoWatch, 3/30/2015
Freedonia Study: World Security Equipment (3228)
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According to a new report from The Freedonia Group, world demand for security equipment is expected to increase by 6.8 percent annually eventually reaching $126 billion in 2018.
In a statement, the research firm said that the fastest gains will come from parts of Asia, Central and South America, as well as Africa and the Middle East. With an improved economic outlook and rebound in building construction, there will also be significant market opportunities in the U.S. and Western Europe.
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