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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 | Apr 2016

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
$23bn
Annual Growth 11-16
4.3%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
184,767
Businesses
56,848
Industry Threats & Opportunities
  • Business growth, rising disposable income and new technologies will bolster industry demand
  • The recession stunted housing starts and, consequently, security system sales for new homes
  • This industry will experience an improving operating environment as the economy expands
  • ... purchase to read more

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 and remote access. Also, improved corporate profit will allow companies to invest in more security systems. Furthermore, heightened government-mandated fire and security regulations will positively affect growth... ... purchase to read more

Industry Report - Industry Products Chapter

All industry segments sell and install systems and provide maintenance for security systems, alarms, locks and other industry-related equipment.

Security and alarm system services with monitoring

Security alarms are primarily designed to detect unwanted entry and include video surveillance systems and electronic access control. Some companies, such as ADT Security Services, have more advanced systems for specific industries. For example, its retail clients use radio frequency identification tags, which attach to individual merchandise to protect against theft. The segment also includes remote monitoring services, provided by security alarm services companies, which account for the majority of industry revenue. Mon.. ... purchase to read more

Additional Insights for the Security Alarm Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Security Alarm Services Industry are

  • Must comply with government regulations
  • Effective cost controls
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Housing starts and Value of private nonresidential construction in the Security Alarm Services industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    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


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Value of private nonresidential construction
  • Per capita disposable income
  • Crime rate
  • Private spending on home improvements
  • Current Performance
  • Modest recovery
  • Consolidation and profit
  • Chart: Revenue Growth
  • Industry Outlook
  • Gradual growth
  • Consolidation and profit
  • Table: Security Alarm Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Security Alarm Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Retail Trade
  • Educational Services
  • Healthcare and Social Assistance
  • Public Administration
  • Consumers
  • Key Selling Industries
  • Electricians
  • Power Conversion Equipment Manufacturing
  • Security Services
  • Products & Services
  • Residential security alarm system services with monitoring
  • Nonresidential security alarm system services with monitoring
  • Nonresid. security system and lock installation without monitoring
  • Residential security system and lock installation without monitoring
  • Chart: Security Alarm Services Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Residential clients
  • Business and commercial clients
  • Government clients
  • Chart: Major Market Segmentation for the Security Alarm Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Security Alarm Services
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Security Alarm Services Industry
  • Industry Globalization
    Major Companies
    ADT LLC
  • Table: ADT LLC - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Security Alarm Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Security Alarm Services Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Value of residential construction (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Biometrics
  • A technology that involves the use of face-, fingerprint- or similar recognition of individuals to allow secure access.
  • Closed-Circuit Tv (Cctv)
  • The use of video cameras to transmit a signal to a specific place on a limited set of monitors.
  • Monitored Security System
  • A security system that involves CCTV monitoring or similar technologies.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Security Alarm Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Security Alarm Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Security Alarm Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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