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Correctional Facilities in the US - Number of Businesses (2005–2030)

NAICS 56121 Last Updated: March 2024
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226 Correctional Facilities in the US Number of Businesses in 2024
-7.4% Correctional Facilities in the US Number of Businesses Growth in 2024
-10.7% Correctional Facilities in the US Number of Businesses CAGR 2019-2024
Correctional Facilities in the US Number of Businesses CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Correctional Facilities in the US Industry Report has got you covered.

Questions Clients Ask About This Industry

  • How many businesses are there in the Correctional Facilities in the US in 2023?

    There was 244 Correctional Facilities in the US businesses as of 2023, an decrease of -5.8% from 2022.

  • Has the number of Correctional Facilities in the US businesses grown or declined over the past 5 years?

    The number of Correctional Facilities in the US businesses has declined -5.8% per year on average over the five years between 2018 and 2023.

  • How many businesses are there in the Correctional Facilities in the US in 2024?

    There is 226 Correctional Facilities in the US businesses as of 2024, an decrease of -7.4% from 2023.

  • Has the number of Correctional Facilities in the US businesses grown or declined over the past 5 years?

    The number of Correctional Facilities in the US businesses has declined -10.7% per year on average over the five years between 2019 and 2024.

  • What is forecast business growth of Correctional Facilities in the US over the next 5 years?

    See our full analysis of the Correctional Facilities in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Correctional Facilities in the US?

    The Correctional Facilities in the US has high market share concentration and the largest business is Management & Training Corp..

  • What is forecast business growth of Correctional Facilities in the US over the next 5 years?

    See our full analysis of the Correctional Facilities in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.

  • What companies have the highest market share in the Correctional Facilities in the US?

    The Correctional Facilities in the US has high market share concentration and the largest business is Management & Training Corp..

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