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.
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