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Study: $350 billion U.S. security market expected to grow

August 15, 2013SSN Staff

ALEXANDRIA, Va.—In its first comprehensive study of the security market since 1990, ASIS International and the Institute of Finance and Management analyzed the expansion of private security over the past decade and project further growth in the country's security products and services market. The report says the $350 billion market comprises $282 billion in private-sector spending and $69 billion in federal government spending on homeland security. “This research is a watershed in understanding...

IOFM, Security