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Security

What is the security industry?

Security is among the central, time-honoured and pivotal global industrial branches. It is due to the importance of security within all sectors and aspects of life. It includes situations related to natural disasters, theft, and cybercrime. It results in the necessity of security in its diverse forms. They range from alarm installations to multi-functional systems that warn of natural disasters.

Is the industry of high value and innovative?

As a result, the security industry is a multi-billion-dollar industrial branch. For example, in recent years, the global sector has reached a market size of $150.39 billion. Also, it is anticipated to continue developing at a CAGR of 8.34% in the upcoming decades. More than 20,000 enterprises generate such values. These vary from SMEs to extensive, multinational and time-honoured corporations. These companies employ over 4.8 million specialists.A notable percentage are R&D experts. It is due to the importance of continual R&D in adapting to the latest challenges.

When does the sector discuss the latest challenges?

Generally, the sector discusses such topics and presents its most current novel solutions for them during trade expos. It includes annual, biannual and quadrennial events in various countries. They attract more than a hundred thousand attendees. The global attendance values have reached over half a million in recent years.