Argentina. The price of private security, from surveillance to alarms, has risen by as much as 45% in the last two years. According to the consultancy Claves, the market moves more than $ 3,200 million a year and the bulk responds to the business of physical security. In it, 1,668 companies operate, which with subsidiaries in the interior make up some 2,026 companies. The same source points out that the formal security sector employs 127,000 people and the informal sector employs 53,000. The intensity of the labor force affects costs by 80%, according to Seguridad Argentina to the local newspaper La Nación. This year, the Argentine Chamber of Security and Research Companies (Caesi) signed two increases representing 25%.
Alarm services and vehicle arrest and tracking systems have also increased, in this case determined by the prices of protected goods, inputs, technologies used and protected areas, said the newspaper La Nación.