ESSA members from all over the world hold their general assembly virtually

Members discuss direct and indirect effects of the COVID 19 pandemic on the industry / European Security Systems Association (ESSA) e.V. has 115 members from 37 countries worldwide

ID: 1562646
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(businesspress24) - Frankfurt, November 25, 2020 change on the progress of their global standardization efforts. Last week, the ESSA family came together again - and yet everyone stayed at home. Due to the COVID-19 Pandemic, the 2020 General Assembly was conducted as a web meeting.

The virtual format has not detracted from the international character of the project. "Over 60 members from four continents took part," reports Dr. Markus Heering, the ESSA Managing Director. That is a considerable proportion of the 115 ESSA members from 37 countries. Despite the good response, he hopes that a real meeting can take place again next fall in Frankfurt. Although the online format is effective for formalities and specialist presentations, there is a lack of opportunities for face-to-face meetings and networking.

Direct and indirect impact of COVID-19 on the physical security industry

The need for a virtual general assembly is one of many effects of the pandemic on the industry. Over the past few months, telephone calls and web meetings have moved instead of visits to member companies and laboratories. Trade fairs have been cancelled and more and more communication has shifted to social media, ESSA Deputy Managing Director Falko Adomat reports. The impact of COVID-19 on the sales of manufacturers of ATM safes and safes for private and commercial use is also unmistakable. A survey conducted by ESSA among its members in October 2020, for example, revealed that sales in both the private customer and B2B sectors were down on 2019. In the commercial sector in particular, pandemic-related delays in investment projects led to a drop in sales for more than half of the members surveyed, in some cases steep declines. In the B2C segment, the business situation also clouded over. However, the situation here was more positive. The outlook for 2021 shows that manufacturers see the sales slump primarily as result of the pandemic: Respondents expect the market for safes for both private and commercial customers to recover, with growth rates of between five and ten percent.

Cashless payments increase significantly during the pandemic

In a lecture Jse by a staggering 20.7 percent in the first half of 2020. The fact that sales only rose by 10.9 percent in the same period indicates that customers are increasingly paying smaller amounts by card. In addition, more and more users are taking advantage of the possibilities of contactless payment, which they consider convenient, hygienic and modern, according to surveys. In addition, studies show a clear upward trend in the acceptance of payment by card or smartphone, with a simultaneous decline in cash use. The latter fell from 63 to 47 percent between 2018 and 2020. In contrast, cashless payments increased from 36 to 52 percent. "During the pandemic, we are registering a strong increase in the acceptance of card payments across all age groups," reported G

Impact on the ATM market

According to Rowan Berridge, expert of the London based market research and consulting company RBR, the trend described by Gkets showed a steep decline in transactions in 2020. Berridge and his team regards this is a special effect caused by the pandemic. He expects the market to be almost stable until 2025. The installed base of ATMs, for example, will only fall by one per cent in the next five years and RBR also expects the situation to calm down in terms of transactions. The number of transactions is declining in Europe and the Americas. However, growth in the Asia-Pacific region, the Middle East and Africa would almost offset the trend. By 2025, the number of worldwide ATM transactions will decrease by two percent, he predicted at the ESSA general meeting.

The ESSA members are taking these messages as an impulse for continuing their efforts to ensure highest security standards for private and commercial safes. Various working groups are currently pushing ahead with the drafting of EN standards for burglar-resistant safes. One focus is on the security of distributed, digitally networked systems. Another issue is the ongoing adaptation of standards to the increasingly powerful tools used by burglars to gain access to secure storage units.

Against this background, ESSA emphasises the need for sound regulatory frameworks tailored to the specific conditions in different markets and regions. Its organisational basis must allow the security level of safes and other secure storage units to be regularly reviewed by expert committees and adjusted if necessary. "Especially in our security-relevant industry, standardisation must not result in a global minimum consensus. We need agile regulation that can react quickly and precisely to regional peculiarities," Heering warns. Only by doing so, it would be possible to stay one step ahead of increasingly professional criminals. This is precisely the purpose of the European Security Systems Association.

Text: 5.941 Z. inkl. LZ.

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Company information / Profile:

ESSA – The International Security Association based in Frankfurt is the leading international association of the security industry. At present, the ESSA has 124 members from 37 countries. ESSA offers the international security industry a global platform for the exchange of experience between users, insurance companies, authorities and manufacturers. ESSA also represents the interests of its members in a wide range of international bodies.

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Falko Adomat
European Security Systems Association (ESSA) e.V.
Lyoner Str. 18
60528 Frankfurt/Main (Germany)

Tel. +49 69 66 03 - 19 52
Fax. +49 69 66 03 - 29 52
E-Mail falko.adomat(at)

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Date: 11/26/2020 - 05:48
Language: English
News-ID 1562646
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Firma: ESSA
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