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Security Guard Services in the US Procurement Price, Data and Insights
Vendors in this market provide security guards to patrol a company's facilities and grounds as well as control access to company property. Guards serve as a deterrent for crimes and trespassers as well as to record and report suspicious activities. Security guards are usually dedicated to a particular facility, although mobile patrol units can be used to serve multiple locations and clients.
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What’s included in this market coverage
IBISWorld's research coverage on the Security Guard Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Security Guard Services market in the United States includes Visitor Processing, Vehicle Inspections, Personnel Screening, Traffic Control, Package Screening, Unarmed Patrol, Armed Patrol and Personnel Security. Standard coding in this coverage includes ISIC-801-Private security activities, NACE-80.10-Private Security Activities, NAICS-561612-Security Guards and Patrol Services and UNSPSC-92121504-Security guard services.
What common market terminology is included?
Common market terminology included in the Security Guard Services procurement coverage includes Markup (The total yearly price of security guard services divided by the yearly base wage of the guards.), Unarmed Guard (A guard that is not licensed to carry guns or trained to detain people. Also called an observe-and-report guard.) and Mobile Patrol (Guarding that is done at multiple facilities that belong to different customers.).
What companies are included as top suppliers?
The top companies covered in the Security Guard Services procurement report as suppliers are Covenant Services Worldwide Llc, Metropolitan Security Services Inc., Inter-Con Security Systems, Inc., Contemporary Services Corporation and Prosegur Compania de Seguridad, S.A..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Security Guard Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour per guard, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Security Guard Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Security Guard Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Security Guard Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Security Guard Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Security Guard Services?
The 2026 benchmark market price for Security Guard Services is $42.6 per hour per guard. Prices have increased at a CAGR of 5.44 from 2023-26.
Who are the top vendors in the Security Guard Services market?
The top vendors in the Security Guard Services market include Covenant Services Worldwide Llc, Metropolitan Security Services Inc., Inter-Con Security Systems, Inc., Contemporary Services Corporation and Prosegur Compania de Seguridad, S.A..
What industries supply the Security Guard Services market?
The top industries supplying the Security Guard Services market are Background Check Services in the US, Credit Bureaus & Rating Agencies in the US, Costume & Team Uniform Manufacturing in the US, Printing, Paper, Food, Textile & Other Machinery Manufacturing in the US, Gun & Ammunition Stores in the US and Guns & Ammunition Manufacturing in the US.
What is the supply chain risk for Security Guard Services?
Growing market share concentration may compress buyer options and pricing leverage. Although the market remains competitive, an upward trend in market share concentration over the past three years means fewer suppliers are commanding larger portions of business. As large providers gain more influence, buyers could face reduced bargaining power and may encounter higher prices for services. Buyers should proactively manage supplier relationships, explore long-term contracts with current partners, and regularly benchmark against industry rates to mitigate the risk of unfavorable terms or service lock-in.
What factors affect the price of Security Guard Services?
The degree of guard training significantly affects the pricing of security guard services, as higher levels of training typically command premium rates. For example, guards with specialized training in areas such as firearms training, first aid, emergency response, or conflict resolution are often valued more highly, leading to increased costs for clients seeking comprehensive protection.
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