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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 | Jul 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
$18bn
Annual Growth 09-14
1.4%
Annual Growth 14-19
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Profit
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Employment
118,568
Businesses
9,625
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 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, subsequently, the most industry activity.

Southeast

The Southeast generates about one-quarter of industry revenue and an estimated 28.4% of total industry establishments, on par with its share of the nation's population. While the Southeast has more establishments per capita than any other region in the United States, each office tends to have fewer employees. With 9.4% of total industry establishments, Florida has a dominant presence in the region... 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 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


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