Security Sales & Integration February 2022 - 20

Industry Finance
COVID
Can't Cease
Security
Stocks
Momentum
On the whole, publicly traded electronic security
and cybersecurity fırms performed well in 2021,
despite global economic hardship. Learn more in
SSI's annual summary of security industry stocks,
which includes a sidebar to give performance details
in the smart home space.
By Thomas McConnell and Patrick Hashmall
D
20
espite major changes to the
global economy during the past
24 months due to COVID-19,
the security industry has proven
itself resilient across its various sectors. Most
notably, companies in the physical security sector
that embraced increased demands in data
security and home security systems, as well as
those in the cybersecurity sector which delivered
solutions in the emerging Cloud security space.
With a substantial shift to remote work and
heightened migration to Cloud-based applications
globally, demand for increased cyberSecurity
Sales & Integration FEBRUARY 2022
security capabilities has come to the forefront
of many organizations and driven continued
strength in the market. As organizations must
now secure data and communications outside
of on-premise systems their exposure to attacks
have meaningfully increased. Cyber criminals
have leveraged the situation to infi ltrate networks
and expose vulnerable systems that lack
proper defense capabilities.
Th ese factors have converged to contribute to
signifi cant investor interest in various sub-segments,
including managed service providers
(MSPs), managed security
service providers
(MSSPs) and secure access service edge (SASE)
related companies.
More broadly, despite continued economic uncertainties
and challenges, the global stock market
remained near all-time highs driven by fi scal and
monetary stimulus as detailed in the following:
▶ Th e S&P 500 index closed the year with
a 26.9% gain compared with the previous
year return of 16.3%.
▶ Th e Dow Jones Industrial Average outperformed
a 2020 return of 7.2% with 2021
gains of 18.7%.
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Security Sales & Integration February 2022

Table of Contents for the Digital Edition of Security Sales & Integration February 2022

Security Sales & Integration February 2022 - Cover1
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Security Sales & Integration February 2022 - Cover3
Security Sales & Integration February 2022 - Cover4
https://www.nxtbook.com/emerald/securitysales/august_2023
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https://www.nxtbook.com/emerald/securitysales/june_2023
https://www.nxtbook.com/emerald/securitysales/may_2023
https://www.nxtbook.com/emerald/securitysales/april_2023
https://www.nxtbook.com/emerald/securitysales/march_2023
https://www.nxtbook.com/emerald/securitysales/february_2023
https://www.nxtbook.com/emerald/securitysales/january_2023
https://www.nxtbook.com/emerald/securitysales/december_2022
https://www.nxtbook.com/emerald/securitysales/november_2022
https://www.nxtbook.com/emerald/securitysales/october_2022
https://www.nxtbook.com/emerald/securitysales/september_2022
https://www.nxtbook.com/emerald/securitysales/august_2022
https://www.nxtbook.com/emerald/securitysales/july_2022
https://www.nxtbook.com/emerald/securitysales/june_2022
https://www.nxtbook.com/emerald/securitysales/may_2022
https://www.nxtbook.com/emerald/securitysales/april_2022
https://www.nxtbook.com/emerald/securitysales/march_2022
https://www.nxtbook.com/emerald/securitysales/february_2022
https://www.nxtbook.com/emerald/securitysales/january_2022
https://www.nxtbook.com/emerald/securitysales/december_2021
https://www.nxtbook.com/emerald/securitysales/november_2021
https://www.nxtbook.com/emerald/securitysales/october_2021
https://www.nxtbook.com/emerald/securitysales/september_2021
https://www.nxtbook.com/emerald/securitysales/august_2021
https://www.nxtbook.com/emerald/securitysales/july_2021
https://www.nxtbook.com/emerald/securitysales/june_2021
https://www.nxtbook.com/emerald/securitysales/may_2021
https://www.nxtbook.com/emerald/securitysales/apr_2021
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