Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Security Guard Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Security Guard Services - Recent Price Trend

The average price of security guard services has been increasing at an estimated annualized rate of 1.7% from 2014 to 2017, primarily due to increased demand. Among demand drivers, government consumption and the number of businesses have both been growing with the broader economy during the past three years. However, demand growth has been mitigated by falling nonresidential construction activity...

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Security Guard Services - Total Cost of Ownership

Assuming that the security guard provider is properly insured and licensed, which should be determined through the RFP process, there are no hidden fees or additional long-term costs of ownership associated with outsourcing security guard duties. A contract is for a definite period of time, and it specifies the price of service during the period. However, there are few costs that the buyer must...

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About this Report

This report is intended to assist buyers of security guard services. Vendors in this market provide security guards to patrol a company’s facilities and grounds and control access to company property. Guards serve as a deterrent for crimes and trespassers, as well as record and report suspicious activities. Their access-control duties may involve personnel screening, visitor processing, package screening, traffic control and vehicle inspection. Security guards are usually dedicated to a particular facility, although mobile patrol units can be used to serve multiple locations and clients. Security guard services can include bodyguard services, but they exclude investigative or detective services and guard dog rental.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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