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 | Jun 2015

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

IBISWorld’s Security Alarm Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 10-15
3.1%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
171,513
Businesses
58,423
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 Investment Chapter

The Security Alarm Services industry has a low level of capital intensity. IBISWorld estimates that for every $1.00 spent on wages in 2015, $0.05 will be spent on the use and replacement of buildings and equipment, indicating a high level of labor intensity. In 2015, wages account for about 27.8% of industry revenue. The industry demands a high amount of labor, as employees are used to install and maintain alarm systems and are also hired to monitor possible security breaches and respond by notifying the proper authorities. Larger companies that are implementing online monitoring systems spend more on wages due to the hiring of skilled engineers and computer programmers... 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