Industry Analysis & Industry Trends
During the five years to 2015, industry revenue modestly increased as guard, investigative and other industry services became increasingly popular among corporate and government services. 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. Furthermore, increased residential, commercial and public construction activity in the five years to 2015 has heightened the need for security services. However, In the five years to 2020, the Security Services industry is expected to face serious competition from security alarm service systems... purchase to read more
Industry Report - Industry Products Chapter
The security products offered by this industry include patrols and guarding services, cash transit, security transport (of documents, data and valuables) and security consulting services.
On-site security guard services
The security guards segment includes security professionals who are hired to guard people, property and buildings. On-site guards perform a variety of tasks, including maintaining a security presence at a front desk or gate, guarding manufacturing plants and equipment, monitoring computer rooms, checking automatic machinery and maintaining visitor logs. On-site security guards for buildings and grounds are expected to account for 67.0% of industry revenue in 2015... purchase to read more