This 2021 vertical market report, produced by Omdia exclusively for the Security Industry Association (SIA), assesses the U.S. market for physical security equipment in K-12 school security applications. It examines key market drivers and barriers for the school security vertical, the role of security technology in helping administrators protect their students, teachers, staff and facilities. It also explores funding opportunities for school security projects. Despite the challenges of the pandemic, the education market remains an important segment of the physical security industry. The US market for physical security equipment in K-12 (kindergarten to 12th grade) and higher education was worth $716 million in 2020. This includes revenues generated by sales of video surveillance, access control and intruder alarm equipment and is measured at factory gate prices. The K-12 education market is estimated to account for around 56 percent of the total market in 2020, an equipment revenue opportunity of $405 million. The school security research report offers:
- A school security market growth forecast
- Data and statistics on K-12 school security expenditures and education funding
- Analysis on COVID-19 impact on school security spending
- K-12 school security equipment market research, covering such segments as
- Video surveillance in schools
- Access control for school facilities
- School identification badges and credentials
- A review of market drivers and barriers impacting school security spending
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- Physical Security in the U.S. Education Market (2019)
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