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Security Alarm Services in the US - Industry Market Research Report

  • ID: 239687
  • Report
  • August 2019
  • Region: United States
  • 32 pages
  • IBISWorld
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Safe and secure: Rising disposable income levels will spur industry revenue growth

FEATURED COMPANIES

Security Alarm Services in the US

The Security Alarm Services industry expanded over the five years to 2019. Much of this growth was driven by rising residential and commercial construction activity, which bolstered demand for new security system installations. In addition, rising employment and per capita disposable income over the past five years made security services more affordable for households, while rising corporate profit margins enabled many businesses to increase their security budgets, ultimately benefiting industry players. Over the five years to 2024, expected small business growth and increased disposable income levels will likely contribute to rising industry demand. Furthermore, the growing acceptance of new technologies is expected to continue to drive industry revenue expansion in the residential market. Many security alarm service companies will likely offer secure internet access, enabling customers to monitor their homes, control appliances and set home temperature from a computer or a mobile device.

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.

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

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
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