Wednesday, February 20, 2013

Private Contracted Security Services is Projected to increase 5.2 percent annually to $63.8 billion in 2016

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.

To Know More - Private Security Services to 2016

1 comment:

  1. operations, such as guarding government facilities and correctional facilities management, will also boost gains. First Security Services bodyguards

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