What you need to know

The security equipment sector grew to £1.1 billion in 2019, marking a second consecutive year of growth. The market’s resilience to Brexit-related headwinds was driven by its essential role in protecting employees and premises, in addition to continued growth in the number of businesses and growing investment in some segments of commercial property.

Technological improvements across the sector are beginning to synergise to enable a more data-centric approach, particularly regarding CCTV, while NFC offers opportunities to ease the burden of managing employee databases, reduce the physical footprint and costs of access control and integrated systems, and increase security by tying credentials to employees’ mobile phones.

MBD forecasts the security equipment market to grow by 20% between 2020 and 2024, based on the assumption of post-Brexit arrangements that minimise changes to existing tariff and trade arrangements.

This depends on a positive resolution to Brexit, which should restore investment to support the security equipment sector’s future success.

Covered in this Report

This report covers the UK market for security equipment, including the following product areas:

  • Intruder alarm systems

  • Centrally monitored alarms

  • CCTV

  • Access control

  • Integrated systems

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