Growth in the security industry Essay Example

Growth in the security industry is broadly driven by the three factors: crime, terrorism and other security threats such as economic growth and development of the security technology. These growth drivers have had several implications in the security industry (Chambers, 1983). As security attracts outside debt and equity supported by its firm operating margin and the market value liquidity, crime is often perceived as a key depleting operating dynamic.

The increase in the rate of crime across the countries and the fear of terrorism especially 2001 attacks in the U. S has compelled the respective governments to consider safety and security as first priorities and invest in it effectively. The expanding of business establishments has become the other major market for the security systems. Economic liberalization and development is considered the largest factor contributing to the growth of the security systems industry, with the