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While Commercial and Passenger-centric Industries will see Steep Declines due to COVID-19, Opportunities in the Public Sector will
19-May-2020
Global
Market Research
K4FE-01-00-00-00
AE01403-GL-MR_24406
COVID-19 has affected all industries across the globe. The security industry is no exception, and its spending, contracting processes, and business operations are being challenged by the pandemic. This research service discusses how security companies can maintain operations and serve customers throughout the crisis; it also analyzes how they will have to adapt to the new normal, which will make its presence felt when the major effects of COVID-19 have passed. As part of this discussion, the study looks at how these companies can streamline their operational and customer-facing strategies to maintain business continuity, serve customers, and capitalize on opportunities to maintain growth, even during this period of economic slowdown and recovery. The write-up highlights 2 recovery scenarios for the security industry, which will enable companies to prepare for 2 potential recovery types and structure their operational models accordingly.
Author: Danielle VanZandt
STRATEGIC IMPERATIVE
COVID-19 IMPACT SUMMARY
COVID-19 IMPACT SUMMARY (CONTINUED)
REVISED STATE OF THE SECURITY INDUSTRY DUE TO THE PANDEMIC
KEY FORECAST CRITERIA
SCENARIO 1: CONSERVATIVE RECOVERY SCENARIO FORECAST
SCENARIO 1: CONSERVATIVE RECOVERY SCENARIO FORECAST (CONTINUED)
SCENARIO 1: CONSERVATIVE RECOVERY SCENARIO FORECAST DISCUSSION
SCENARIO 2: ASPIRATIONAL RECOVERY SCENARIO FORECAST
SCENARIO 2: ASPIRATIONAL RECOVERY SCENARIO FORECAST (CONTINUED)
SCENARIO 2: ASPIRATIONAL RECOVERY SCENARIO FORECAST DISCUSSION
OTHER FORECAST TRENDS: IMPACT ON DEMAND
OTHER FORECAST TRENDS: IMPACT ON THE SUPPLY CHAIN
SECURITY INDUSTRY: FUTURE OUTLOOK
SECURITY INDUSTRY: FUTURE OUTLOOK—RISK MITIGATION
GROWTH OPPORTUNITIES: INVESTMENT AREAS FOR CONSIDERATION
SECURITY INDUSTRY: GROWTH OPPORTUNITIES THROUGHOUT THE COVID-19 PANDEMIC, GLOBAL, 2020–2025
GROWTH OPPORTUNITIES: SHORT-TERM SECURITY SOLUTIONS
GROWTH OPPORTUNITIES: POST-COVID SECURITY SOLUTIONS
GROWTH OPPORTUNITIES: LONG-TERM SECURITY SOLUTIONS
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Danielle VanZandt |
| Industries | Aerospace, Defence and Security |
| WIP Number | K4FE-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 99D5-A1 |
Post-Pandemic Growth Opportunity in the Global Security Industry
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