How School Shootings Created A $3.1 Billion Security Industry

CNBC published this video item, entitled “How School Shootings Created A $3.1 Billion Security Industry” – below is their description.

The private security industry that focuses specifically on the education sector had projected revenue of $3.1 billion in 2021, according to research and consulting firm Omdia. The industry is being bolstered by an increase in government funding. The Department of Justice has awarded more than $410 million in grants to schools through the programs created under the STOP School Violence Act of 2018. Watch the video above to learn how much it costs to fortify schools.

CNBC YouTube Channel

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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