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IFSEC Insider, formerly IFSEC Global, is the leading online community and news platform for security and fire safety professionals.
February 1, 2002

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State of Physical Access Trend Report 2024

UK security market set for ‘healthy’ 4% growth in 2002

Studying the latest figures from the largest 1,000 companies in the security sector, Plimsoll reveals that over 35% of the industry may not witness any growth at all this year, indeed 13% of sales (on average) may be lost. Adding to their distress, almost two-thirds of these companies saw profits fall in 2001, while almost 42% of The Top 1,000 are currently running at a loss.
On a happier note, the report does outline 483 companies that shared a combined 20% growth last year. Within this group, 121 businesses increased their sales by a minimum of 40%. The current Top Ten, therefore, includes Royal Ordnance, Sealed Air, Video Controls Ltd, Leaderflush and Shapland, Wackenhut (UK), Matrix-Securities, Alphameric Red Onion, the Bewator Group, Johnson Security and Resolution Security.
Copies of the 1,150-page report ‘The UK Security Market’ are priced at GB pound 305. Telephone Plimsoll Publishing direct (on 01642 626400) for ordering details.

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