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Security Services in the US - Industry Market Research Report

  • ID: 239686
  • Report
  • October 2019
  • Region: United States
  • 35 pages
  • IBISWorld
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Stand guard: Electronic security systems are expected to pose a threat to industry revenue growth

FEATURED COMPANIES

  • Allied Universal
  • G4S PLC
  • MORE

Security Services in the US

The Security Services industry provides security measures for businesses and public areas that have chosen to outsource security systems rather than take on the logistical burden of protecting their facilities themselves. Several key developments reflect industry growth. For instance, an increase in US corporate profit levels over the past five years enabled businesses to spend more on security services. Secondly, an increase in the number of businesses has led to an expansion in the potential pool of clientele for industry services. Over the five years to 2024, the Security Services industry is expected to encounter serious competition from security alarm service systems, which leverage remote-monitoring security systems in conjunction with off-site response services. However, several trends will likely help industry operators as they continue to combat alarm service systems by offering integrated security systems, which incorporate surveillance, communications and verification systems while stressing the importance of guard and patrol services.

Security service companies provide one or more of the following: investigative and detective services; guard and patrol services; and protected transport of valuables, including money, receipts and other items. The industry does not include companies that perform credit checks or sell security systems, such as burglar and fire alarms.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Allied Universal
  • G4S PLC
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Allied Universal
  • G4S PLC
Note: Product cover images may vary from those shown
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