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Security & Investigative Services (not Police) in Australia

Published by: IBISWorld

Published: Jun. 4, 2004 - 37 Pages


Table of Contents


Definition
Key Statistics
Market Characteristics
Industry Segmentation
Industry Conditions
Performance
Industry Participants
Key Factors
Industry Outlook

Abstract

This report deals with establishments mainly engaged in providing security, protection services or private enquiry services, other than units of police forces and government security agencies. The industry includes guards and patrols, monitored security systems, casual and permanent security staff at licensed premises and similar establishments and at events, ATM and cash collection services and some aspects of secure document and computer data storage.

The Industry L7864 - Security and Investigative Services (Except Police) in Australia ranks 216 out of 496 by industry turnover and its life cycle is in a decline phase, which means that the industry is generally growing at slower than the economy.

Capital/labour intensity is low and the uptake of new technology is high. The industry's globalisation level is low and the trend is increasing.

The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand.

The trend for exports is steady and for imports it's increasing. The level of regulation is medium and increasing and government assistance is insignificant and steady.

This industry is forecast to have a strong average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!

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