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U.S. Security Systems Services Markets

Published by: Frost & Sullivan

Published: Apr. 21, 2006



Table of Contents


1 | EXECUTIVE SUMMARY
Market Overview & Research Findings

1. Introduction
2. Market Definition and Segmentation
3. Summary of Key Findings



2 | STRATEGIC ANALYSIS AND TRENDS OF THE U.S. SECURITY SYSTEMS SERVICES MARKET
Market Dynamics

1. Market Drivers
2. Market Restraints
3. Industry Challenges
4. Measurements

Market Forecasts and Trends

1. Total Market Forecast
2. Forecasts and Trends by Service Type

Competitive Scenario

1. Competitive Structure
2. Market Ranking and Company Profiles



3 | U.S. SECURITY SYSTEMS SERVICES MARKET - VERTICAL MARKET ANALYSIS
Vertical Market Analysis

1. Government
2. Education
3. Corporate and High Technology
4. Commercial and Banking
5. Healthcare
6. Residential



4 | APPENDIX
Decision Support Database

1. Number of Bank Branches
2. Number of Commercial Banks
3. Number of Households
4. Number of Manufacturing Enterprises
5. Number of Airports



List of Figures



Chapter 1

  • Security Systems Services Markets: Percentage of Revenue Forecasts by Service Type (US), 2002-2012




Chapter 2

  • Security Systems Services Markets: Market Drivers Ranked in Order of Impact (US), 2006-2012

  • Security Systems Services Markets: Market Restraints Ranked in Order of Impact (US), 2006-2012

  • Security Systems Services Markets: Industry Challenges Ranked in Order of Impact (US), 2006-2012

  • Security Systems Services Markets: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets: Revenue Forecasts by Service Type (US), 2002-2012

  • Security Systems Services Markets: Competitive Structure (US), 2005

  • Security Systems Services Markets: Market Ranking (US), 2005




Chapter 3

  • Security Systems Services Markets in Government Segment: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets in Education Segment: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets in Corporate and High technology Segment: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets in Commercial and Banking Segment: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets in Healthcare Segment: Revenue Forecasts (US), 2002-2012

  • Security Systems Services Markets in Residential Segment: Revenue Forecasts (US), 2002-2012


Abstract

Research Overview

The Frost & Sullivan research service titled United States Security Systems Services Markets provides market analysis, revenue forecasts across verticals, and an analysis of competitive structure. In this study, Frost & Sullivan's expert analysts thoroughly examine the following markets: government, education, corporate and high technology, commercial and banking, healthcare, as well as residential.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
  • Government
  • Education
  • Corporate and high technology
  • Commercial and banking
  • Healthcare
  • Residential
Technologies

The following technologies are covered in this research:
  • Video surveillance
  • IP surveillance
  • Access control
  • Intrusion alarms
Market Overview

Paradigm Shift in the Security Systems Services Market Expected to Increase Uptake of Security Applications

The evolution of security applications into integrated systems is mitigating the high cost of deployment. "These integrated systems that ride on a network reduce hardware and cabling costs and lower the final cost of deployment significantly," according to the analysts of this study. "System integrators are catering to the growing importance of services that support security systems, thereby altering their value proposition."

As the market shifts towards providing services, design and development are fast becoming major aspects of systems development. An intrinsic part of the business for integrators is the need to keep their systems abreast of changing trends as they now work with a software-centric technology that rides on end customers’ networks.

Convergence - A Boon to the Security Systems Services Market

The convergence of security applications in a network environment provides a clear picture of the return on investment (ROI). Until recently, the security and surveillance market was focused on selling products rather than offering services. Therefore, maintenance contracts were viewed as a necessary inconvenience offered in order to maintain a strong relationship with customers. However, this convergence has resulted in additional changes to the acquisition process.

"Prior to convergence, organizations’ justification for this large capital expense was its ability to control access to facilities," explain the analysts. "The shift to services and convergence in a network environment is expected to emphasize on ROI which in turn is expected to push sales, drive growth, and increase revenues."

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