Interesting news about how the domestic market looks for security in the US. Luckily there are legions of veterans of the wars willing to jump into these various markets throughout the US. It’s just these veterans would be well advised to get involved with the technology side of security services.
On a side note, guess how much this report costs? The hard copy sells for $5100! lol And for the record, I have not read the report because I do not plan on paying for a copy of this thing, nor am I getting any kick backs from the company for promoting it. -Matt
US Demand For Private Security Services To Reach $63.8 Billion In 2016
December 4, 2012
US demand to rise 5.2% annually through 2016
US demand for private contracted security services is projected to increase 5.2 percent annually to $63.8 billion in 2016. The market will be supported by a high perceived risk of crime (from conventional violent and property crimes to white collar crimes and terrorism) and a concern that public safety officials are overburdened. The outsourcing of security activities to contracted firms, instead of relying on in-house security, will support demand. The privatization of some public safety operations, such as guarding government facilities and correctional facilities management, will also boost gains.
Higher tech services hold especially good prospects
Security services that capitalize on continuing technological developments hold especially good prospects. For instance, both security consulting and systems integration revenues will see above-average growth. Security consultants and systems integrators are able to manage a wide variety of services when creating, upgrading or implementing security plans and when installing or upgrading complex electronic security devices. In addition, the trend toward more sophisticated and automated security electronics that are increasingly integrated with other building operations will boost growth for these services.