1. The Market for Security
The demand for security guards and protection officers will increase appreciably over the next 25 years. These are the days of homeland security. The war against terrorism will last a generation, as did the Cold War that preceded it. At the same time, despite the heavy presence of the federal government, there is a trend toward privatization of basic government services, including the police. In many communities, traditional police functions, such as traffic control and parking enforcement, have been privatized. Furthermore, the private security businesses that serve these sectors will continue to seek out and create new markets.
Despite these indicators of growth, the daily routine of most security guards will change little from norms established a half century ago. Pay will continue to be low. Wage benefits such as healthcare insurance and vacation will be minimal, if offered at all. Nevertheless, for some, adapted to an ever-changing global marketplace, opportunities will bring rewards.