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Security Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Security Services Market Research Report | NAICS 56161 | Feb 2016

Lock and key: Rising corporate spending on security will expand industry revenue

IBISWorld’s Security Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Operators in the Security Services industry provides security measures for businesses and public areas that have chosen to outsource security systems rather than take on the logistical burden of protecting their facilities themselves. Therefore, as US corporate profit levels increased after the recession, businesses had more funds available to spend on security services. In addition, an increase in the number of new businesses during the past five years has led to an expansion in the potential pool of clientele for industry services. In the five years to 2021, the Security Services industry is expected to face serious competition from security alarm service systems, which install remote-monitoring security systems, as well as provide off-site response services... purchase to read more

Industry Report - Industry Locations Chapter

The Security Services industry is largely concentrated according to population density. A greater concentration of security services companies occurs in regions with large populations and cities, especially in the Southeast, West and Mid-Atlantic. Similarly, the dispersion of revenue largely follows the concentration of establishments. Since areas with higher populations often have a greater number of businesses requiring security services, the industry's presence is strongest among large metropolitan areas. This level of geographic concentration is not expected to change during the next five years.


The Southeast region has the largest number of industry establishments. The region accounts for about 26.7% of total industry offices in 2016... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Security Services Industry?

Security service companies provide one or more of the following: investigation and detective services; guard and patrol services; and protected transport of valuables including money, receipts and other items. The industry does not include companies that sell security systems, such as burglar and fire alarms.

Industry Products
Security guard services for buildings and groundsSecurity guard services for special eventsArmored vehicle servicesInvestigation servicesOther services
Industry Activities
Armored car servicesSecurity guard and patrol servicesPolygraph servicesCorporate investigative servicesSecurity guard and crowd control services for temporary eventsPrivate detective servicesBodyguard services

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