PRESS RELEASE BY MBD...

UK MANNED SECURITY MARKET RESEARCH REPORT

RELEASED: MARCH 2008

After researching the UK manned security market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

MARKET REVIEW 2003-2007:

The value of the UK manned security market is believed to have increased throughout the review period. In 2007, demand for manned security services increased by an estimated 6% to £3231 million, partly reflecting the continuing threat of terrorism and increasing levels of crime and disorder. Overall, the market is believed to have increased by 24% between 2003 and the latest year.

MARKET FORECAST 2008-2012:

The value of the UK manned security market is projected to increase throughout the forecast period, albeit at moderate annual levels. In 2012, demand is anticipated to reach £3663 million (at 2007 prices), representing a real term increase of 3% in the year and of 13% compared with the latest year of the review period. Market growth is expected to be driven by strong developments in the custodial services and CIT services sectors. However, growth is projected to be modest in the manned guarding sector, largely reflecting increased costs rather than volume sales. Margins, which have been tight in recent years following the introduction of licensing, are expected to continue to improve in the medium term, although competitive pricing is anticipated to remain a feature of the market. Furthermore, a stronger market development is expected to be restricted by increased substitution of manned security by electronic security.

NOTE TO EDITORS:

Market & Business Development Ltd specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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