The school security industry is valued at $3.1 billion. Here's why that may not be enough

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The school security industry is valued at $3.1 billion. Watch the video to learn how much it costs to secure schools and why it may not be enough.

"We've gone into schools where they've had a one-time shot-in-the-arm funding through a grant or a school board allocation for putting in additional cameras, for example, and we go in three or four years later, the cameras aren't working," said Ken Trump, president of National School Safety and Security Services. Trump is not related to former President Donald Trump.

"They have no budget at the school or school district level for maintenance, repair, replacement," Trump added. "Yet, there's this facade, this security theater that they made school safer when, in reality, a lot of the technology and equipment is not being used." On top of inconsistent funding for schools to buy these services, the demand from parents and school districts also tends to ebb and flow based on news events.

This sporadic demand is affecting industry growth. When it comes to companies that provide security equipment and services to control who can access the building, the growth rates can vary from 5% to 15% depending on how many shootings took place in a given year, according to Omdia. Watch the video above to learn about the growing school security industry, what fortification measures schools are taking and how much it costs.

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Why the hell don’t we have armed guards at every school in the country? I’ll tell you why… because a democrat senator from Connecticut vetoed the bill on 2021. Our children’s blood is on his hands because he chose not to arm schools. Which would have stopped Nashville’s deat

Something something teach people not to be violent something something equity

Arming teachers

Change the gun laws

Cameras in classroom would really help.

Fix the beginning of the problem which is piss poor parenting. Children must be taught respect and appropriate behavior. Look at the school bus incident in Fl where teenage boys beat the crap out of a 9 year old. Those boys should have had their butts kicked 10 ways to Sunday.

Give teachers a damn gun!!!

Such a shame our children have to live in fear every going to school. All because gun happy extremist can’t make a sacrifice for their country to make it a better place.

Hurrah! 🎉 My State just legalized abortion up to the moment of birth!!! We are soooo progressive!!! 😃 Oops, sorry, I’m on the wrong article. 😝 Gee, but reading this article, I wonder why all these shootings happen? Why has life become so cheap? 🤔 I can’t figure it out. 🤷🏻‍♂️

Ridiculous that we have to live like this. People call this freedom?

We have lost our moral & ethical integrity in this country. Only if that changes will things get better.

Shouldn't be hard. This is in fact a major issue. If we can't protect our children we fail as a society.

Also seems like an odd segment to highlight. The bad guys could be watching this.

And they are ineffective!

Not the unnecessary gif so someone had a job to do making an unchanging graph expand while making it harder to read

Unfortunately, many on the left do not want schools secured. Many democrats have pushed to get police and security out of schools

along with the school-to-prison pipeline, those who profit off the suffering of children are making a killing.

Gif of an stagnant graph was a good idea? Communications majors😂

Problems within

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Shut the schools down & lose track of 3 million kids due to a bad flu virus?

Public Schools are the problem Get your kids out and keep them out!!!

A camera does not prevent someone from entering. It is not a safety item. It is a tool for after an incident.

Cnbc can’t be trusted

As any good lawyer can tell you / Schools are an attractive nuisance … stop sending your children there!

None these killers just walk right on in. Scared security allows it while sleeping on the job. You know because they are MOST QUALIFIED.

Here is an Idea....Stop giving kids SSRI drugs and leaving them with single moms.

Idk dont allow cnbc and pfizer in or your gonna get jabbed .This tweet is not paid for by Pfizer...

Everything about this is insane.

hey isn't this what some crazy economists would call a 'perverse incentive'?

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