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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 2014

Staying vigilant: Slow economic recovery and competition will lead to minimal industry 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
$25bn
Annual Growth 09-14
-0.2%
Annual Growth 14-19
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Profit
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Employment
699,838
Businesses
10,922
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

 


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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