In a post-911 era, the security profession has seen its fair share of ups and downs. The recession affected many business’s security budgets and both operational and IT security took hits. But since 2011, security spending is back on the rise.
There was a recent forecast coming from a 2014 report and survey, called “The United States Security Industry: Size and Scope, Insights, Trends, and Data, 2014-2017”, done by the Institute of Finance and Management and ASIS International.
The report, which is made up of surveys completed by 479 manufacturers, security end users, and service providers; says that healthy growth is projected in the security industry, and that the most recent data shows private sector spending is increasing. In 2013 $319bill was spent and a projected $341bill will be spent in 2014, which is an increase of around 20% a year.
And this growth is coming from the ground up, starting at businesses that only have revenues of $1-10mill range. These companies will look to increase their budgets for operational and IT security almost 17% from 2013-2015.
With these new outlooks, that means you need to look at a security firm that has all the credentials and experience to make you feel like you’re getting the right protection.
That’s where LawDog Security & Investigations can work with you. We have a multitude of security services that we offer and can consult you on what you really need for your business. Contact LawDog, we can work with your budget and get you peace of mind.