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Security Alarm Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Security Alarm Services Market Research Report | NAICS 56162 | Dec 2013

Heightened security: Revived incomes and new technologies will spur demand for security systems

The Security Alarm 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
$17bn
Annual Growth 08-13
0.0%
Annual Growth 13-18
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Profit
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Employment
115,921
Businesses
9,444
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 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 Locations Chapter

In general, the industry is distributed evenly with the spread of population. This distribution pattern can be applied to revenue, establishments and employment. The Southeast, West and Mid-Atlantic regions have the highest populations and therefore the most industry activity.

Southeast

The Southeast generates about one-quarter of industry revenue, on par with its share of the nation's population. Although the Southeast has more establishments per capita than any other region in the United States, each office tends to have fewer employees. Florida has a dominant presence in the region as its most populous state. The Southeast is also home to Virginia, which spends more money per capita than any other state in the United States... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Security Alarm Services Industry?

This industry comprises establishments that sell security systems, such as burglar and fire alarms and locking devices. They also offer installation, repair and monitoring services of electronic security alarm systems. While the industry includes locksmiths, the locksmith segment is not a primary focus of this report because it generates a relatively small portion of revenue.

Industry Products
Security alarms and monitoring servicesFire alarm systemsLocksmith services
 
Industry Activities
Alarm system monitoring Alarm system sales, installation, repair and monitoringBurglar alarm monitoring Burglar alarm sales, installation, repair and monitoringFire alarm monitoring Fire alarm sales, installation, repair and monitoringSecurity alarm sales, installation, repair and monitoring Security systems monitoring Providing locksmith services


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