Research related to licence application demand in the private security industry

Demand forecasting, in this context, is an estimation of the level of licence applications expected to be received in a period. It is fundamental in that licensing demand drives a high percentage of the total Security Industry Authority (SIA) income but is outside the organisation’s control. It is therefore vital that as an organisation, we have a better understanding of the drivers of licence applications and a good estimation of the volumes of applications expected in the future. Therefore, the SIA envisioned t...