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Correctional Facilities in the US - Number of Businesses (2005–2031)

NAICS 56121 Last Updated: May 2025
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350 Correctional Facilities in the US Number of Businesses in 2025
-1.1% Correctional Facilities in the US Number of Businesses Growth in 2025
-1.4% Correctional Facilities in the US Number of Businesses CAGR 2020-2025
Correctional Facilities in the US Number of Businesses CAGR 2025-2030

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 2024?

    There was 354 Correctional Facilities in the US businesses as of 2024, an decrease of -1.9% 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 -1.9% per year on average over the five years between 2019 and 2024.

  • How many businesses are there in the Correctional Facilities in the US in 2025?

    There is 350 Correctional Facilities in the US businesses as of 2025, an decrease of -1.1% from 2024.

  • 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 -1.4% per year on average over the five years between 2020 and 2025.

  • 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 moderate market share concentration and the largest business is The Geo Group, Inc..

  • 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 moderate market share concentration and the largest business is The Geo Group, Inc..

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