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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 | Jun 2014

Staying vigilant: Recovery across the US economy will enable consistent revenue growth

The Security Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 09-14
-0.2%
Annual Growth 14-19
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Profit
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Employment
695,227
Businesses
10,883
Industry Analysis & Industry Trends

Security providers experienced flat revenue growth during the recession as companies scaled back their security spending and bankruptcies reduced the pool of potential clients. However, as the economy recovers, so will industry demand. Security providers will face competition from high-tech alternatives like CCTV and alarm systems, but large operators will adapt by providing integrated security 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 firms occurs in regions with large populations and cities, especially in the Southeast and the West. 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.

Southeast

The Southeast region has the largest number of industry establishments. The region accounts for about 26.7% of total industry offices and 26.6% of revenue... 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
On-site security guard servicesArmored vehicle servicesInvestigation servicesOther servicesSecurity personnel at special events
 
Industry Activities
Armored car servicesBodyguard servicesPolygraph servicesPrivate detective servicesSecurity guard services


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