SEARCH   
MEMBER LOGIN    

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 | Oct 2014

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

IBISWorld’s Security Alarm 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
$20bn
Annual Growth 09-14
2.8%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
125,319
Businesses
9,785
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 - Starting a New Business Chapter

The Security Alarm Services industry generally has a low level of concentration, which indicates that there are few barriers to entry. However, large players are likely to secure high-value office or commercial security alarm contracts based on established reputation and the ability to provide services on a regional or national basis.

New entrants are also likely to be discouraged by this industry's low average profit rate, estimated at 4.4% in 2014. In addition, this industry is in the mature phase of its life cycle, evidenced by an increasing level of mergers and acquisitions that have occurred in the past few years. During the past five years, competition in this industry has largely been driven by price... 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
Residential security alarm system services with monitoringNonresidential security alarm system services with monitoringResidential security system and lock installation without monitoringNonresid. security system and lock installation without monitoring
 
Industry Activities
Alarm system monitoring Alarm system sales, installation and repairBurglar alarm monitoring Burglar alarm sales, installation and repairFire alarm monitoring Fire alarm sales, installation and repairSecurity systems monitoring Security alarm sales, installation and repair Providing locksmith services


View Sample
Quote
Select Clients