An estimated 11.7 million people were detained in prisons around the world at the end of 2019, according to the United Nations Office on Drugs and Crime. This leads to the population of the entire country, including Belgium, Tunisia, Bolivia and Burundi. The number of people detained in prisons has increased by more than 25% since 2000. The majority of people incarcerated in the last 20 years are men, but at around 93%, the number of women in prisons is at a faster pace, growing by 33% compared to a 25% increase in men.
These increases are reflected in other trends in the industry. According to Grand View Research, the US law enforcement (personal protective equipment) industry had a market size of $839.4 million in 2021. It is expected to grow at a combined annual growth rate of 5.0% between 2022 and 2030. Demand for PPE in law enforcement, including face shields, protective clothing, artificial clothing, masks, goggles and surgical masks, especially during the Covid-19 pandemic.
A variety of other trends have also been realized in the law enforcement industry. At the end of 2024, CNBC reported that police departments across the United States were using AI to start writing police reports. Various companies are developing AI tools, helping police departments ease the burden of management tasks, and law enforcement is focusing on budgetary pressures and reducing crime rates while retaining and hiring staff.
However, legal experts are simultaneously raising the red flag, in addition to the increased use of AI in police work, citing concerns such as transparency, accuracy and potential bias. These challenges could impact the future of AI in law enforcement and police. An important part of the impact depends on the extent to which such tools are used and how they are adopted in the sector. CNBC reported that Utah Sen. Stephanie Pitcher, defense attorney for Parker & McConkey, said the following about the situation:
“I don’t know that it is worth it for all the issues that AI technology creates in terms of acceptability in terms of being completely transparent and trying to reduce the bias that AI technology can introduce into a system.”
As of April 25, 2025, we compiled a list of 20 prisons and law enforcement stocks, compiled a list of 20 prisons and law enforcement stocks, selecting the top 11. This list is ordered in ascending order of analyst potential rise.
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Chubb Limited (CB): Among the dividend zombies you invest in
A wide shot of a public facility with security guards monitoring the entrance.
Analyst Rise: 76.32%
Number of hedge fund holders: 2
Supercom Ltd. (NASDAQ: SPCB) offers traditional digital identity solutions and digital identity solutions, providing trace, identification and security products to governments, private and public organizations. The company operates through Cybersecurity, the Internet of Things (IoT) and the E-GOV segment. According to analysts, it ranks fourth on the list of best prison and law enforcement stocks.
The company recently acquired a new agreement with a key Midwest-based service provider. This is expected to encourage entry to three US states: Minnesota, Wisconsin and Michigan. The presence of an established market for providers is expected to support this growth and drive momentum for Supercom Ltd (NASDAQ: SPCB) nationwide expansion. The providers also focus on domestic violence surveillance, bringing positive emotions to future businesses and being well placed to route the company’s technology to a variety of high-impact community programs.
For the first nine months ending September 30th, Supercom Ltd. (NASDAQ: SPCB) saw revenues increase from $29 million to $21.3 million, while gross profits increase from $7.9 million to $10.7 million. The total profit margin also increased from 37.7% to 50.1%, highlighting its positive management.
Overall, SPCB 4th place On a list of the best prison and law enforcement stocks to buy. Although we acknowledge the potential as an investment in SPCB, our conviction lies in the belief that some AI stocks offer higher returns and hold a greater commitment to doing so within a shorter time frame. There have been AI stocks that have risen since the beginning of 2025, and the popular AI stocks have lost around 25%. If you’re looking for AI stocks that are more promising than SPCB, but are trading below 5 times the revenue, check out our report on this Cheapest AI stocks.
