SEARCH   
MEMBER LOGIN    

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

IBISWorld’s Security Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 09-14
-0.2%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
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 - Starting a New Business Chapter

The Security Services industry has a low level of concentration, with the top four players accounting for 30.2% of market share. The industry's largest firms do not represent a substantial portion of the industry's market share, and smaller industry firms are generally able to enter and exit the industry with ease. However, companies that aim to enter the industry must be aware of increasing competition from other industries that provide comparable services such as alarm companies (IBISWorld report 56162). These firms will pose a threat to the industry as more clients look for cost-effective alternatives to hiring manned security staff.

This industry is highly labor intensive, but it has minimal capital requirements... 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


View Sample
Quote
Select Clients