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 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. Security systems and monitoring devices are covered in the Security Alarm Services industry (IBISWorld report 56162).
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 account for 69.2% of industry revenue... purchase to read more