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Global Private Prison Service Supply, Demand and Key Producers, 2023-2029

July 2024 | 103 pages | ID: G80AF59BCF57EN
GlobalInfoResearch

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The global Private Prison Service market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Private prison services refer to prison facilities and related services that are managed and operated by private companies or organisations. In contrast to traditional public prisons, private prisons are managed and operated by private entities rather than government agencies. Private prison services are usually provided through contracts with the government, which delegates responsibility for prison management and operation to private companies. Private prison companies are often responsible for providing security, housing, custody and rehabilitation services for offenders. One of the advantages of private prison services is that they can bring economic benefits. Private companies often make competing bids for government prison contracts, which can reduce the cost of prison administration. In addition, private prison companies can also improve the efficiency of prisons by providing more efficient management and operating models. However, the private prison service has also caused some controversy. Critics argue that handing over the management of prisons to private companies could lead to profit becoming the primary concern, rather than the rehabilitation and reintegration of offenders. Some also worry that private prisons could lead to abuse and exploitation by offenders, as well as lower prison conditions and safety standards.

This report studies the global Private Prison Service demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Private Prison Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Private Prison Service that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Private Prison Service total market, 2018-2029, (USD Million)

Global Private Prison Service total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Private Prison Service total market, key domestic companies and share, (USD Million)

Global Private Prison Service revenue by player and market share 2018-2023, (USD Million)

Global Private Prison Service total market by Type, CAGR, 2018-2029, (USD Million)

Global Private Prison Service total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Private Prison Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CoreCivic, The GEO Group, Management and Training Corporation, G4S, Serco Group, Sodexo and LaSalle Corrections, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Private Prison Service market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Private Prison Service Market, By Region:
  • United States
  • China
  • Europe
  • Japan
  • South Korea
  • ASEAN
  • India
  • Rest of World
Global Private Prison Service Market, Segmentation by Type
  • Teenager Detention Services
  • Adult Detention Services
Global Private Prison Service Market, Segmentation by Application
  • Adult
  • Teenager
Companies Profiled:
  • CoreCivic
  • The GEO Group
  • Management and Training Corporation
  • G4S
  • Serco Group
  • Sodexo
  • LaSalle Corrections
Key Questions Answered

1. How big is the global Private Prison Service market?

2. What is the demand of the global Private Prison Service market?

3. What is the year over year growth of the global Private Prison Service market?

4. What is the total value of the global Private Prison Service market?

5. Who are the major players in the global Private Prison Service market?

6. What are the growth factors driving the market demand?
1 SUPPLY SUMMARY

1.1 Private Prison Service Introduction
1.2 World Private Prison Service Market Size & Forecast (2018 & 2022 & 2029)
1.3 World Private Prison Service Total Market by Region (by Headquarter Location)
  1.3.1 World Private Prison Service Market Size by Region (2018-2029), (by Headquarter Location)
  1.3.2 United States Private Prison Service Market Size (2018-2029)
  1.3.3 China Private Prison Service Market Size (2018-2029)
  1.3.4 Europe Private Prison Service Market Size (2018-2029)
  1.3.5 Japan Private Prison Service Market Size (2018-2029)
  1.3.6 South Korea Private Prison Service Market Size (2018-2029)
  1.3.7 ASEAN Private Prison Service Market Size (2018-2029)
  1.3.8 India Private Prison Service Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Private Prison Service Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Private Prison Service Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
  1.5.1 Influence of COVID-19
  1.5.2 Influence of Russia-Ukraine War

2 DEMAND SUMMARY

2.1 World Private Prison Service Consumption Value (2018-2029)
2.2 World Private Prison Service Consumption Value by Region
  2.2.1 World Private Prison Service Consumption Value by Region (2018-2023)
  2.2.2 World Private Prison Service Consumption Value Forecast by Region (2024-2029)
2.3 United States Private Prison Service Consumption Value (2018-2029)
2.4 China Private Prison Service Consumption Value (2018-2029)
2.5 Europe Private Prison Service Consumption Value (2018-2029)
2.6 Japan Private Prison Service Consumption Value (2018-2029)
2.7 South Korea Private Prison Service Consumption Value (2018-2029)
2.8 ASEAN Private Prison Service Consumption Value (2018-2029)
2.9 India Private Prison Service Consumption Value (2018-2029)

3 WORLD PRIVATE PRISON SERVICE COMPANIES COMPETITIVE ANALYSIS

3.1 World Private Prison Service Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
  3.2.1 Global Private Prison Service Industry Rank of Major Players
  3.2.2 Global Concentration Ratios (CR4) for Private Prison Service in 2022
  3.2.3 Global Concentration Ratios (CR8) for Private Prison Service in 2022
3.3 Private Prison Service Company Evaluation Quadrant
3.4 Private Prison Service Market: Overall Company Footprint Analysis
  3.4.1 Private Prison Service Market: Region Footprint
  3.4.2 Private Prison Service Market: Company Product Type Footprint
  3.4.3 Private Prison Service Market: Company Product Application Footprint
3.5 Competitive Environment
  3.5.1 Historical Structure of the Industry
  3.5.2 Barriers of Market Entry
  3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 UNITED STATES VS CHINA VS REST OF THE WORLD (BY HEADQUARTER LOCATION)

4.1 United States VS China: Private Prison Service Revenue Comparison (by Headquarter Location)
  4.1.1 United States VS China: Private Prison Service Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
  4.1.2 United States VS China: Private Prison Service Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: Private Prison Service Consumption Value Comparison
  4.2.1 United States VS China: Private Prison Service Consumption Value Comparison (2018 & 2022 & 2029)
  4.2.2 United States VS China: Private Prison Service Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based Private Prison Service Companies and Market Share, 2018-2023
  4.3.1 United States Based Private Prison Service Companies, Headquarters (States, Country)
  4.3.2 United States Based Companies Private Prison Service Revenue, (2018-2023)
4.4 China Based Companies Private Prison Service Revenue and Market Share, 2018-2023
  4.4.1 China Based Private Prison Service Companies, Company Headquarters (Province, Country)
  4.4.2 China Based Companies Private Prison Service Revenue, (2018-2023)
4.5 Rest of World Based Private Prison Service Companies and Market Share, 2018-2023
  4.5.1 Rest of World Based Private Prison Service Companies, Headquarters (States, Country)
  4.5.2 Rest of World Based Companies Private Prison Service Revenue, (2018-2023)

5 MARKET ANALYSIS BY TYPE

5.1 World Private Prison Service Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
  5.2.1 Teenager Detention Services
  5.2.2 Adult Detention Services
5.3 Market Segment by Type
  5.3.1 World Private Prison Service Market Size by Type (2018-2023)
  5.3.2 World Private Prison Service Market Size by Type (2024-2029)
  5.3.3 World Private Prison Service Market Size Market Share by Type (2018-2029)

6 MARKET ANALYSIS BY APPLICATION

6.1 World Private Prison Service Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
  6.2.1 Adult
  6.2.2 Teenager
6.3 Market Segment by Application
  6.3.1 World Private Prison Service Market Size by Application (2018-2023)
  6.3.2 World Private Prison Service Market Size by Application (2024-2029)
  6.3.3 World Private Prison Service Market Size by Application (2018-2029)

7 COMPANY PROFILES

7.1 CoreCivic
  7.1.1 CoreCivic Details
  7.1.2 CoreCivic Major Business
  7.1.3 CoreCivic Private Prison Service Product and Services
  7.1.4 CoreCivic Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.1.5 CoreCivic Recent Developments/Updates
  7.1.6 CoreCivic Competitive Strengths & Weaknesses
7.2 The GEO Group
  7.2.1 The GEO Group Details
  7.2.2 The GEO Group Major Business
  7.2.3 The GEO Group Private Prison Service Product and Services
  7.2.4 The GEO Group Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.2.5 The GEO Group Recent Developments/Updates
  7.2.6 The GEO Group Competitive Strengths & Weaknesses
7.3 Management and Training Corporation
  7.3.1 Management and Training Corporation Details
  7.3.2 Management and Training Corporation Major Business
  7.3.3 Management and Training Corporation Private Prison Service Product and Services
  7.3.4 Management and Training Corporation Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.3.5 Management and Training Corporation Recent Developments/Updates
  7.3.6 Management and Training Corporation Competitive Strengths & Weaknesses
7.4 G4S
  7.4.1 G4S Details
  7.4.2 G4S Major Business
  7.4.3 G4S Private Prison Service Product and Services
  7.4.4 G4S Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.4.5 G4S Recent Developments/Updates
  7.4.6 G4S Competitive Strengths & Weaknesses
7.5 Serco Group
  7.5.1 Serco Group Details
  7.5.2 Serco Group Major Business
  7.5.3 Serco Group Private Prison Service Product and Services
  7.5.4 Serco Group Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.5.5 Serco Group Recent Developments/Updates
  7.5.6 Serco Group Competitive Strengths & Weaknesses
7.6 Sodexo
  7.6.1 Sodexo Details
  7.6.2 Sodexo Major Business
  7.6.3 Sodexo Private Prison Service Product and Services
  7.6.4 Sodexo Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.6.5 Sodexo Recent Developments/Updates
  7.6.6 Sodexo Competitive Strengths & Weaknesses
7.7 LaSalle Corrections
  7.7.1 LaSalle Corrections Details
  7.7.2 LaSalle Corrections Major Business
  7.7.3 LaSalle Corrections Private Prison Service Product and Services
  7.7.4 LaSalle Corrections Private Prison Service Revenue, Gross Margin and Market Share (2018-2023)
  7.7.5 LaSalle Corrections Recent Developments/Updates
  7.7.6 LaSalle Corrections Competitive Strengths & Weaknesses

8 INDUSTRY CHAIN ANALYSIS

8.1 Private Prison Service Industry Chain
8.2 Private Prison Service Upstream Analysis
8.3 Private Prison Service Midstream Analysis
8.4 Private Prison Service Downstream Analysis

9 RESEARCH FINDINGS AND CONCLUSION

10 APPENDIX

10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer

LIST OF TABLES

Table 1. World Private Prison Service Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World Private Prison Service Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World Private Prison Service Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World Private Prison Service Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World Private Prison Service Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Private Prison Service Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World Private Prison Service Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World Private Prison Service Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World Private Prison Service Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key Private Prison Service Players in 2022
Table 12. World Private Prison Service Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global Private Prison Service Company Evaluation Quadrant
Table 14. Head Office of Key Private Prison Service Player
Table 15. Private Prison Service Market: Company Product Type Footprint
Table 16. Private Prison Service Market: Company Product Application Footprint
Table 17. Private Prison Service Mergers & Acquisitions Activity
Table 18. United States VS China Private Prison Service Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China Private Prison Service Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based Private Prison Service Companies, Headquarters (States, Country)
Table 21. United States Based Companies Private Prison Service Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies Private Prison Service Revenue Market Share (2018-2023)
Table 23. China Based Private Prison Service Companies, Headquarters (Province, Country)
Table 24. China Based Companies Private Prison Service Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies Private Prison Service Revenue Market Share (2018-2023)
Table 26. Rest of World Based Private Prison Service Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Private Prison Service Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies Private Prison Service Revenue Market Share (2018-2023)
Table 29. World Private Prison Service Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World Private Prison Service Market Size by Type (2018-2023) & (USD Million)
Table 31. World Private Prison Service Market Size by Type (2024-2029) & (USD Million)
Table 32. World Private Prison Service Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World Private Prison Service Market Size by Application (2018-2023) & (USD Million)
Table 34. World Private Prison Service Market Size by Application (2024-2029) & (USD Million)
Table 35. CoreCivic Basic Information, Area Served and Competitors
Table 36. CoreCivic Major Business
Table 37. CoreCivic Private Prison Service Product and Services
Table 38. CoreCivic Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. CoreCivic Recent Developments/Updates
Table 40. CoreCivic Competitive Strengths & Weaknesses
Table 41. The GEO Group Basic Information, Area Served and Competitors
Table 42. The GEO Group Major Business
Table 43. The GEO Group Private Prison Service Product and Services
Table 44. The GEO Group Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. The GEO Group Recent Developments/Updates
Table 46. The GEO Group Competitive Strengths & Weaknesses
Table 47. Management and Training Corporation Basic Information, Area Served and Competitors
Table 48. Management and Training Corporation Major Business
Table 49. Management and Training Corporation Private Prison Service Product and Services
Table 50. Management and Training Corporation Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. Management and Training Corporation Recent Developments/Updates
Table 52. Management and Training Corporation Competitive Strengths & Weaknesses
Table 53. G4S Basic Information, Area Served and Competitors
Table 54. G4S Major Business
Table 55. G4S Private Prison Service Product and Services
Table 56. G4S Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. G4S Recent Developments/Updates
Table 58. G4S Competitive Strengths & Weaknesses
Table 59. Serco Group Basic Information, Area Served and Competitors
Table 60. Serco Group Major Business
Table 61. Serco Group Private Prison Service Product and Services
Table 62. Serco Group Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 63. Serco Group Recent Developments/Updates
Table 64. Serco Group Competitive Strengths & Weaknesses
Table 65. Sodexo Basic Information, Area Served and Competitors
Table 66. Sodexo Major Business
Table 67. Sodexo Private Prison Service Product and Services
Table 68. Sodexo Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 69. Sodexo Recent Developments/Updates
Table 70. LaSalle Corrections Basic Information, Area Served and Competitors
Table 71. LaSalle Corrections Major Business
Table 72. LaSalle Corrections Private Prison Service Product and Services
Table 73. LaSalle Corrections Private Prison Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 74. Global Key Players of Private Prison Service Upstream (Raw Materials)
Table 75. Private Prison Service Typical Customers

LIST OF FIGURES

Figure 1. Private Prison Service Picture
Figure 2. World Private Prison Service Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Private Prison Service Total Market Size (2018-2029) & (USD Million)
Figure 4. World Private Prison Service Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World Private Prison Service Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company Private Prison Service Revenue (2018-2029) & (USD Million)
Figure 13. Private Prison Service Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 16. World Private Prison Service Consumption Value Market Share by Region (2018-2029)
Figure 17. United States Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 18. China Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 23. India Private Prison Service Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of Private Prison Service by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for Private Prison Service Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for Private Prison Service Markets in 2022
Figure 27. United States VS China: Private Prison Service Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Private Prison Service Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World Private Prison Service Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World Private Prison Service Market Size Market Share by Type in 2022
Figure 31. Teenager Detention Services
Figure 32. Adult Detention Services
Figure 33. World Private Prison Service Market Size Market Share by Type (2018-2029)
Figure 34. World Private Prison Service Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 35. World Private Prison Service Market Size Market Share by Application in 2022
Figure 36. Adult
Figure 37. Teenager
Figure 38. Private Prison Service Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source


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