Doug Bedell — July 13, 2012, 9:52 am

Private Sector Security Needs Continue Strong

Are you in the private business sector and thinking of upgrading your site security systems? ┬áIf so, you’re not alone. Government Security News reports that the private sector homeland security market is likely to grow by a compound annual growth rate (CAGR) of 7.7 percent over the next five years.

Private sector homeland security procurement accounts for 13-16 percent of the total U.S. homeland security market and is “larger than the combined federal aviation, maritime and land transportation HLS markets.” So there’s a lot of thought going on in business offices as to what it will take to be assuredly protected going forward. We imagine that trim, highly reliable vehicle access barriers like PBE’s will be among the listed needs.

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