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Global Private Prison Contract Services Market Research Report 2024

Published Date: December 2024

Report Code: QYRE-Auto-36N18638

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Global Private Prison Contract Services Market Research Report 2024

Code: QYRE-Auto-36N18638

Report

December 2024

Pages:67

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Companies

Government

CoreCivic

The GEO Group, Inc.

Management & Training Corporation (MTC)

Serco Group

Sodexo

Private Prison Contract Services Market Size

The global market for Private Prison Contract Services was valued at US$ 21650 million in the year 2023 and is projected to reach a revised size of US$ 31700 million by 2030, growing at a CAGR of 5.6% during the forecast period.

Private Prison Contract Services Market

Private prison contract services are provided by private prison corporations. Private Prison Corporations are business entities that operate correctional facilities on a for-profit basis. These are privately-owned companies that enter into contracts with governments (at various levels such as federal, state, or local) to build, manage, and operate prisons or detention centers. They are paid by the government based on different arrangements, which could include a fixed fee per inmate per day, payments for meeting certain performance metrics like maintaining security or providing inmate programs, or other contractual stipulations. Their main source of revenue comes from these government payments, and they aim to make a profit from running the correctional facilities.

North American market for Private Prison Contract Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Private Prison Contract Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Private Prison Contract Services in Aldult is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Private Prison Contract Services include CoreCivic Inc, The GEO Group, Inc., Management & Training Corporation (MTC), Serco Group, Sodexo, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Private Prison Contract Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Private Prison Contract Services.

The Private Prison Contract Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Private Prison Contract Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Private Prison Contract Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Private Prison Contract Services Market Report

Report Metric	Details
Report Name	Private Prison Contract Services Market
Accounted market size in year	US$ 21650 million
Forecasted market size in 2030	US$ 31700 million
CAGR	5.6%
Base Year	year
Forecasted years	2025 - 2030
Segment by Type	Criminal Guards Immigration Detention
Segment by Application	Aldult Child
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	CoreCivic Inc, The GEO Group, Inc., Management & Training Corporation (MTC), Serco Group, Sodexo
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Private Prison Contract Services company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Private Prison Contract Services Market growing?

Ans: The Private Prison Contract Services Market witnessing a CAGR of 5.6% during the forecast period 2025-2030.

What is the Private Prison Contract Services Market size in 2030?

Ans: The Private Prison Contract Services Market size in 2030 will be US$ 31700 million.

Who are the main players in the Private Prison Contract Services Market report?

Ans: The main players in the Private Prison Contract Services Market are CoreCivic Inc, The GEO Group, Inc., Management & Training Corporation (MTC), Serco Group, Sodexo

What are the Application segmentation covered in the Private Prison Contract Services Market report?

Ans: The Applications covered in the Private Prison Contract Services Market report are Aldult, Child

What are the Type segmentation covered in the Private Prison Contract Services Market report?

Ans: The Types covered in the Private Prison Contract Services Market report are Criminal Guards, Immigration Detention

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1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Private Prison Contract Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030

1.2.2 Criminal Guards

1.2.3 Immigration Detention

1.3 Market by Application

1.3.1 Global Private Prison Contract Services Market Growth by Application: 2019 VS 2023 VS 2030

1.3.2 Aldult

1.3.3 Child

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Private Prison Contract Services Market Perspective (2019-2030)

2.2 Global Private Prison Contract Services Growth Trends by Region

2.2.1 Global Private Prison Contract Services Market Size by Region: 2019 VS 2023 VS 2030

2.2.2 Private Prison Contract Services Historic Market Size by Region (2019-2024)

2.2.3 Private Prison Contract Services Forecasted Market Size by Region (2025-2030)

2.3 Private Prison Contract Services Market Dynamics

2.3.1 Private Prison Contract Services Industry Trends

2.3.2 Private Prison Contract Services Market Drivers

2.3.3 Private Prison Contract Services Market Challenges

2.3.4 Private Prison Contract Services Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Private Prison Contract Services Players by Revenue

3.1.1 Global Top Private Prison Contract Services Players by Revenue (2019-2024)

3.1.2 Global Private Prison Contract Services Revenue Market Share by Players (2019-2024)

3.2 Global Private Prison Contract Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Private Prison Contract Services Revenue

3.4 Global Private Prison Contract Services Market Concentration Ratio

3.4.1 Global Private Prison Contract Services Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Private Prison Contract Services Revenue in 2023

3.5 Global Key Players of Private Prison Contract Services Head office and Area Served

3.6 Global Key Players of Private Prison Contract Services, Product and Application

3.7 Global Key Players of Private Prison Contract Services, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Private Prison Contract Services Breakdown Data by Type

4.1 Global Private Prison Contract Services Historic Market Size by Type (2019-2024)

4.2 Global Private Prison Contract Services Forecasted Market Size by Type (2025-2030)

5 Private Prison Contract Services Breakdown Data by Application

5.1 Global Private Prison Contract Services Historic Market Size by Application (2019-2024)

5.2 Global Private Prison Contract Services Forecasted Market Size by Application (2025-2030)

6 North America

6.1 North America Private Prison Contract Services Market Size (2019-2030)

6.2 North America Private Prison Contract Services Market Growth Rate by Country: 2019 VS 2023 VS 2030

6.3 North America Private Prison Contract Services Market Size by Country (2019-2024)

6.4 North America Private Prison Contract Services Market Size by Country (2025-2030)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Private Prison Contract Services Market Size (2019-2030)

7.2 Europe Private Prison Contract Services Market Growth Rate by Country: 2019 VS 2023 VS 2030

7.3 Europe Private Prison Contract Services Market Size by Country (2019-2024)

7.4 Europe Private Prison Contract Services Market Size by Country (2025-2030)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Private Prison Contract Services Market Size (2019-2030)

8.2 Asia-Pacific Private Prison Contract Services Market Growth Rate by Country: 2019 VS 2023 VS 2030

8.3 Asia-Pacific Private Prison Contract Services Market Size by Region (2019-2024)

8.4 Asia-Pacific Private Prison Contract Services Market Size by Region (2025-2030)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Private Prison Contract Services Market Size (2019-2030)

9.2 Latin America Private Prison Contract Services Market Growth Rate by Country: 2019 VS 2023 VS 2030

9.3 Latin America Private Prison Contract Services Market Size by Country (2019-2024)

9.4 Latin America Private Prison Contract Services Market Size by Country (2025-2030)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Private Prison Contract Services Market Size (2019-2030)

10.2 Middle East & Africa Private Prison Contract Services Market Growth Rate by Country: 2019 VS 2023 VS 2030

10.3 Middle East & Africa Private Prison Contract Services Market Size by Country (2019-2024)

10.4 Middle East & Africa Private Prison Contract Services Market Size by Country (2025-2030)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 CoreCivic Inc

11.1.1 CoreCivic Inc Company Details

11.1.2 CoreCivic Inc Business Overview

11.1.3 CoreCivic Inc Private Prison Contract Services Introduction

11.1.4 CoreCivic Inc Revenue in Private Prison Contract Services Business (2019-2024)

11.1.5 CoreCivic Inc Recent Development

11.2 The GEO Group, Inc.

11.2.1 The GEO Group, Inc. Company Details

11.2.2 The GEO Group, Inc. Business Overview

11.2.3 The GEO Group, Inc. Private Prison Contract Services Introduction

11.2.4 The GEO Group, Inc. Revenue in Private Prison Contract Services Business (2019-2024)

11.2.5 The GEO Group, Inc. Recent Development

11.3 Management & Training Corporation (MTC)

11.3.1 Management & Training Corporation (MTC) Company Details

11.3.2 Management & Training Corporation (MTC) Business Overview

11.3.3 Management & Training Corporation (MTC) Private Prison Contract Services Introduction

11.3.4 Management & Training Corporation (MTC) Revenue in Private Prison Contract Services Business (2019-2024)

11.3.5 Management & Training Corporation (MTC) Recent Development

11.4 Serco Group

11.4.1 Serco Group Company Details

11.4.2 Serco Group Business Overview

11.4.3 Serco Group Private Prison Contract Services Introduction

11.4.4 Serco Group Revenue in Private Prison Contract Services Business (2019-2024)

11.4.5 Serco Group Recent Development

11.5 Sodexo

11.5.1 Sodexo Company Details

11.5.2 Sodexo Business Overview

11.5.3 Sodexo Private Prison Contract Services Introduction

11.5.4 Sodexo Revenue in Private Prison Contract Services Business (2019-2024)

11.5.5 Sodexo Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Companies

Government

CoreCivic

The GEO Group, Inc.

Management & Training Corporation (MTC)

Serco Group

Sodexo

List of Tables

Table 1. Global Private Prison Contract Services Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

Table 2. Key Players of Criminal Guards

Table 3. Key Players of Immigration Detention

Table 4. Global Private Prison Contract Services Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

Table 5. Global Private Prison Contract Services Market Size by Region (US$ Million): 2019 VS 2023 VS 2030

Table 6. Global Private Prison Contract Services Market Size by Region (2019-2024) & (US$ Million)

Table 7. Global Private Prison Contract Services Market Share by Region (2019-2024)

Table 8. Global Private Prison Contract Services Forecasted Market Size by Region (2025-2030) & (US$ Million)

Table 9. Global Private Prison Contract Services Market Share by Region (2025-2030)

Table 10. Private Prison Contract Services Market Trends

Table 11. Private Prison Contract Services Market Drivers

Table 12. Private Prison Contract Services Market Challenges

Table 13. Private Prison Contract Services Market Restraints

Table 14. Global Private Prison Contract Services Revenue by Players (2019-2024) & (US$ Million)

Table 15. Global Private Prison Contract Services Market Share by Players (2019-2024)

Table 16. Global Top Private Prison Contract Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Private Prison Contract Services as of 2023)

Table 17. Ranking of Global Top Private Prison Contract Services Companies by Revenue (US$ Million) in 2023

Table 18. Global 5 Largest Players Market Share by Private Prison Contract Services Revenue (CR5 and HHI) & (2019-2024)

Table 19. Global Key Players of Private Prison Contract Services, Headquarters and Area Served

Table 20. Global Key Players of Private Prison Contract Services, Product and Application

Table 21. Global Key Players of Private Prison Contract Services, Date of Enter into This Industry

Table 22. Mergers & Acquisitions, Expansion Plans

Table 23. Global Private Prison Contract Services Market Size by Type (2019-2024) & (US$ Million)

Table 24. Global Private Prison Contract Services Revenue Market Share by Type (2019-2024)

Table 25. Global Private Prison Contract Services Forecasted Market Size by Type (2025-2030) & (US$ Million)

Table 26. Global Private Prison Contract Services Revenue Market Share by Type (2025-2030)

Table 27. Global Private Prison Contract Services Market Size by Application (2019-2024) & (US$ Million)

Table 28. Global Private Prison Contract Services Revenue Market Share by Application (2019-2024)

Table 29. Global Private Prison Contract Services Forecasted Market Size by Application (2025-2030) & (US$ Million)

Table 30. Global Private Prison Contract Services Revenue Market Share by Application (2025-2030)

Table 31. North America Private Prison Contract Services Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 32. North America Private Prison Contract Services Market Size by Country (2019-2024) & (US$ Million)

Table 33. North America Private Prison Contract Services Market Size by Country (2025-2030) & (US$ Million)

Table 34. Europe Private Prison Contract Services Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 35. Europe Private Prison Contract Services Market Size by Country (2019-2024) & (US$ Million)

Table 36. Europe Private Prison Contract Services Market Size by Country (2025-2030) & (US$ Million)

Table 37. Asia-Pacific Private Prison Contract Services Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 38. Asia-Pacific Private Prison Contract Services Market Size by Region (2019-2024) & (US$ Million)

Table 39. Asia-Pacific Private Prison Contract Services Market Size by Region (2025-2030) & (US$ Million)

Table 40. Latin America Private Prison Contract Services Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 41. Latin America Private Prison Contract Services Market Size by Country (2019-2024) & (US$ Million)

Table 42. Latin America Private Prison Contract Services Market Size by Country (2025-2030) & (US$ Million)

Table 43. Middle East & Africa Private Prison Contract Services Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 44. Middle East & Africa Private Prison Contract Services Market Size by Country (2019-2024) & (US$ Million)

Table 45. Middle East & Africa Private Prison Contract Services Market Size by Country (2025-2030) & (US$ Million)

Table 46. CoreCivic Inc Company Details

Table 47. CoreCivic Inc Business Overview

Table 48. CoreCivic Inc Private Prison Contract Services Product

Table 49. CoreCivic Inc Revenue in Private Prison Contract Services Business (2019-2024) & (US$ Million)

Table 50. CoreCivic Inc Recent Development

Table 51. The GEO Group, Inc. Company Details

Table 52. The GEO Group, Inc. Business Overview

Table 53. The GEO Group, Inc. Private Prison Contract Services Product

Table 54. The GEO Group, Inc. Revenue in Private Prison Contract Services Business (2019-2024) & (US$ Million)

Table 55. The GEO Group, Inc. Recent Development

Table 56. Management & Training Corporation (MTC) Company Details

Table 57. Management & Training Corporation (MTC) Business Overview

Table 58. Management & Training Corporation (MTC) Private Prison Contract Services Product

Table 59. Management & Training Corporation (MTC) Revenue in Private Prison Contract Services Business (2019-2024) & (US$ Million)

Table 60. Management & Training Corporation (MTC) Recent Development

Table 61. Serco Group Company Details

Table 62. Serco Group Business Overview

Table 63. Serco Group Private Prison Contract Services Product

Table 64. Serco Group Revenue in Private Prison Contract Services Business (2019-2024) & (US$ Million)

Table 65. Serco Group Recent Development

Table 66. Sodexo Company Details

Table 67. Sodexo Business Overview

Table 68. Sodexo Private Prison Contract Services Product

Table 69. Sodexo Revenue in Private Prison Contract Services Business (2019-2024) & (US$ Million)

Table 70. Sodexo Recent Development

Table 71. Research Programs/Design for This Report

Table 72. Key Data Information from Secondary Sources

Table 73. Key Data Information from Primary Sources

Table 74. Authors List of This Report

List of Figures

Figure 1. Private Prison Contract Services Picture

Figure 2. Global Private Prison Contract Services Market Size Comparison by Type (2024-2030) & (US$ Million)

Figure 3. Global Private Prison Contract Services Market Share by Type: 2023 VS 2030

Figure 4. Criminal Guards Features

Figure 5. Immigration Detention Features

Figure 6. Global Private Prison Contract Services Market Size by Application (2024-2030) & (US$ Million)

Figure 7. Global Private Prison Contract Services Market Share by Application: 2023 VS 2030

Figure 8. Aldult Case Studies

Figure 9. Child Case Studies

Figure 10. Private Prison Contract Services Report Years Considered

Figure 11. Global Private Prison Contract Services Market Size (US$ Million), Year-over-Year: 2019-2030

Figure 12. Global Private Prison Contract Services Market Size, (US$ Million), 2019 VS 2023 VS 2030

Figure 13. Global Private Prison Contract Services Market Share by Region: 2023 VS 2030

Figure 14. Global Private Prison Contract Services Market Share by Players in 2023

Figure 15. Global Top Private Prison Contract Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Private Prison Contract Services as of 2023)

Figure 16. The Top 10 and 5 Players Market Share by Private Prison Contract Services Revenue in 2023

Figure 17. North America Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 18. North America Private Prison Contract Services Market Share by Country (2019-2030)

Figure 19. United States Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 20. Canada Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 21. Europe Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 22. Europe Private Prison Contract Services Market Share by Country (2019-2030)

Figure 23. Germany Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 24. France Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 25. U.K. Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 26. Italy Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 27. Russia Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 28. Nordic Countries Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 29. Asia-Pacific Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 30. Asia-Pacific Private Prison Contract Services Market Share by Region (2019-2030)

Figure 31. China Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 32. Japan Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 33. South Korea Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 34. Southeast Asia Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 35. India Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 36. Australia Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 37. Latin America Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 38. Latin America Private Prison Contract Services Market Share by Country (2019-2030)

Figure 39. Mexico Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 40. Brazil Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 41. Middle East & Africa Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 42. Middle East & Africa Private Prison Contract Services Market Share by Country (2019-2030)

Figure 43. Turkey Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 44. Saudi Arabia Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 45. UAE Private Prison Contract Services Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 46. CoreCivic Inc Revenue Growth Rate in Private Prison Contract Services Business (2019-2024)

Figure 47. The GEO Group, Inc. Revenue Growth Rate in Private Prison Contract Services Business (2019-2024)

Figure 48. Management & Training Corporation (MTC) Revenue Growth Rate in Private Prison Contract Services Business (2019-2024)

Figure 49. Serco Group Revenue Growth Rate in Private Prison Contract Services Business (2019-2024)

Figure 50. Sodexo Revenue Growth Rate in Private Prison Contract Services Business (2019-2024)

Figure 51. Bottom-up and Top-down Approaches for This Report

Figure 52. Data Triangulation

Figure 53. Key Executives Interviewed

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