Select your language

Growing demand for private security in the U.S.

USA. Demand for private security services should grow 4.7% annually to reach US$66 billion in 2012. This growth will be driven by the perception of increased risk of crime (from conventional violent and property to white-collar crime and terrorism), according to the recent study Private Security Services, from market research firm The Freedonia Group. A growing trend towards the privatization of some public health operations will boost the sector's profits, while security consulting revenues should achieve the highest growth until 2012, due to the ability of consultants to handle a wide variety of services in creation, the improvement or implementation of security plans.
System integration and surveillance services will also present above-average gains; the latter with the promotion of value-added services and functions. Thus, surveillance services should hold 44% of the sector's revenues by 2012. The segment with the highest demand is non-residential, especially schools, health facilities, retail, government buildings and public facilities . The commercial market will have 50% of the demand in 2012, followed by the government, with the privatization of some state functions.

No comments

• If you're already registered, please log in first. Your email will not be published.

Comments are closed

The comments for this content are closed.

Investing in Access Controllers: Why Eliminating Them Can Be a Strategic Mistake

Investing in Access Controllers: Why Eliminating Them Can Be a Strategic Mistake

Thanks to technological evolution, today there are smart readers with the capacity to process credentials, store information and even operate locks autonomously. This has led many organizations to...

Case study: How did a retail chain in Costa Rica reduce fraud by 18%?

Case study: How did a retail chain in Costa Rica reduce fraud by 18%?

Almacenes El Rey is a rapidly expanding department store, with 18 branches nationwide and more than one million customers each year. Thanks to the Avigilon Unity Video solution, the retail chain...

Is storing video no longer enough? Milestone's Sales Director for Latam speaks

Is storing video no longer enough? Milestone's Sales Director for Latam speaks

Latin America. Johana Arias, an executive at Milestone Systems, discusses how the integration of AI, natural language, and open platforms are transforming video into actionable insights for...

Anti-intrusion system described as one of Ajax's largest in South America

Anti-intrusion system described as one of Ajax's largest in South America

Argentina. The Bayron company installed a protection system with more than 85 Ajax wireless devices in the new branch of Autos del Sur S.A., Toyota's official dealership in the country.

Interview with Manuel Carlos, Senior Sales Director for Mexico at Hanwha Vision

Interview with Manuel Carlos, Senior Sales Director for Mexico at Hanwha Vision

Mexico. Manuel Carlos, an executive at Hanwha Vision, details how the company is revolutionizing electronic security by consolidating generative artificial intelligence and processing at the edge.

Prosegur presents new capabilities in cybersecurity and automation

Prosegur presents new capabilities in cybersecurity and automation

International. Prosegur Security has created two new modules, xCope and xEcute, which aim to provide companies and organizations with a new corporate digital surveillance service and another for...

Access and video platform

Access and video platform

Johnson Controls Designed to take the complexity out of legacy systems, the latest version of C•CURE IQ helps organizations achieve faster response, simplify workflows, and turn safety data into...

SIA presents the new directives of its International Relations Committee

SIA presents the new directives of its International Relations Committee

Latin America. Mariana Ramírez is the new president of the International Relations Committee of the Security Industry Association (SIA), while Vanesa Cabral assumed the role of vice president.

Access management and security in stadiums during the World Cup

Access management and security in stadiums during the World Cup

International. With the World Cup underway, stadium operation and the management of credentials and critical assets become key factors in ensuring security in high-demand environments.

Jovicard modernizes its headquarters with HID access control technology

Jovicard modernizes its headquarters with HID access control technology

Brazil. Jovicard, which specializes in physical access control, secure identity, biometrics and integrated electronic security, completed the modernization of its corporate headquarters with trusted...

Suscribase Gratis
Remember Me
SUBSCRIBE TO OUR ENGLISH NEWSLETTER
DO YOU NEED A SERVICE OR PRODUCT QUOTE?
LATEST INTERVIEWS
SITE SPONSORS










LATEST NEWSLETTER
Latest Newsletter