Industry Analysis & Industry Trends
While the recession caused businesses to reduce security budgets, revenue will recover over the next five years. Revived disposable incomes will encourage investment in low-cost monitored security systems, and Security Alarm Services industry players will increasingly take advantage of new technology, including biometrics. Furthermore, heightened fire and security regulations will positively affect growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Security Alarm Services industry has a low level of market share concentration. The industry is characterized by a large number of small players, some of which are subcontractors for major players and provide installation and maintenance services. About 80.5% of industry enterprises are small businesses with nine or fewer employees. Similarly, firms with fewer than 20 employees represent 91.4% of the industry total.
However, on the opposite end of the spectrum, the industry's largest player occupies a significant portion of the market. While the largest player, ADT, is expected to account for 19.8% of industry revenue in 2014, the next-largest player is a fraction of that size... purchase to read more