Security budgets may double or triple in 2022 – IFPO

As the COVID-19 pandemic began around the world in early 2020, budgets decreased as businesses shuttered their doors. According to Global Guardian Founder and CEO Dale Buckner, security budgets have the potential to double or triple in 2022.

Buckner says physical security budgets plummeted as employees left the office and enterprise organisations under duress looked for department funding to cut. While two-thirds of security budgets increased in 2021, they still have yet to reach 2019 levels. 2022 has the potential to change that.

 

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Rebecca Morpeth Spayne,
Editor, Security Portfolio
Tel: +44 (0) 1622 823 922
Email: [email protected]

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