Freedonia In The News

Article Title: Rebounding construction market driving growth in security
By: Joel Griffin
Publication: SecurityInfoWatch, 6/9/2015
Freedonia Study: Private Security Services (3268)

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While the overall forecast for the market is positive, Katherine Brink, an industry analyst for The Freedonia Group, said that when comparing this year’s study to those compiled over the past several years, growth seemed to be a bit slower that what she had originally anticipated. “A big part of that was really tight corporate and other budgets. Even as the economy started to pick up, companies and other organizations were really leery to make major investments in things such as security,” she explained. “That was something toward the later years of the period, more in 2013 and 2014, where we started to see some loosening up (of budgets) and more demand.”
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Article Title: Report: Private Contracted Security Services Demand To Rise In US
By:
Publication: SourceSecurity, 6/8/2015
Freedonia Study: Private Security Services (3268)

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US demand for private contracted security services is projected to expand 4.2 percent per year through 2019 to $66.9 billion. Gains will be supported by the real and perceived risk of crime and by accelerating economic activity, particularly as new businesses form and create new users of security services. Revenues will benefit from a strong rebound in new nonresidential construction and an acceleration in residential construction activity, as well as major improvement and renovation projects.
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Article Title: G4S looks to US for sales security
By: Gill Plimmer
Publication: Financial Times, 10/21/2015
Freedonia Study: Private Security Services (3268)

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Expanding into America should help restore some of the group's fortunes. The US remains the largest single consumer of private
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