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Private Security Services


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Private Security Services

Demand for private security services in the US will increase 4.2 percent per year through 2019 to $66.9 billion. Gains will be supported by both real and perceived concerns regarding security risks, fueled by a wide variety of highly publicized incidents. The rising technological complexity of security devices will work to both complement and compete with private security services, in some cases reducing the need for manned personnel and in others necessitating the need for higher value services.

This report segments the US private security services industry by service, market, and region. In addition, demand is broken out for key metropolitan markets. Data is provided in dollars.

Services covered in this report include:
Guarding
Alarm Monitoring
Private Investigations
Correctional Facility Management
Systems Integration & Management
Armored Transport
Security Consulting
Pre-Employment Screening

Guarding and alarm monitoring services represent the two largest market segments, both of which will account for roughly one-third of US sales in 2019. The fastest gains will be seen in systems integration and management services and security consulting. Rising need for these services will be driven by the need for streamlined interoperability between both security systems and other building management systems.

Private security services demand is further broken out into two markets:
Nonresidential
Residential

Although both markets are expected to see similar gains through 2019, sales to the nonresidential market will continue to account for the larger share of demand, with approximately three-quarters of US sales. Growth will be driven by strong gains in the institutional market, particularly as healthcare providers continue to use more complex, highly integrated security systems and related services.

US regions covered in the study include:
Northeast
Midwest
South
West

The South and West will continue to represent the two largest regional markets for private security services through 2019. Growth in these regions will outpace that seen in the Northeast or Midwest, supported by the comparatively large and faster growing populations in the South and West.

Although there are some large national providers of security services, most segments of the industry are highly fragmented, composed of thousands of firms, most of which are small and provide a limited range of services. Key industry participants include ADT, Akal Security, AlliedBarton Security Services, Brink’s, Corrections Corporation of America, Garda World Security, GEO Group, G4S, Guardsmark, Loomis, Securitas, Siemens, Stanley Black & Decker, Tyco International, and US Security Associates.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table PRIVATE SECURITY SERVICE REVENUES
  • MARKET ENVIRONMENT
    • General
    • Demographic & Social Environment
      • Demographic Trends
        • Table POPULATION & HOUSEHOLDS
      • Employment Outlook
        • Table EMPLOYMENT OUTLOOK
    • Macroeconomic Environment
      • Table MACROECONOMIC INDICATORS
    • Consumer Spending Trends
      • Table PERSONAL CONSUMPTION EXPENDITURES
    • Building Construction Outlook
      • Table BUILDING CONSTRUCTION EXPENDITURES
    • Business Establishment Trends
      • Table BUSINESS ESTABLISHMENTS
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS
    • Retail Sales Outlook
      • Table RETAIL SALES
    • Service Sector Outlook
      • Table SERVICE INCOME
    • Public Safety Environment
      • Table PUBLIC SAFETY SECTOR EMPLOYMENT, 2004-2013
      • Table CHART II-1 SAFETY SECTOR EMPLOYMENT, 2014
      • Crime
        • Table CHART II-2 US CRIME RATES, 2004-2013
        • Table VIOLENT CRIME LEVELS, 2004-2013
        • Table PROPERTY CRIME LEVELS, 2004-2013
        • Table INCIDENCES OF TERRORISM IN THE US, 2004-2013
        • Table SELECTED OTHER NONCONVENTIONAL CRIMES, 2004-2013
      • Adult Inmate Trends
        • Table ADULT INMATE POPULATION
      • Fire
        • Table FIRE LEVELS & LOSSES, 2004-2013
    • Technological Environment
    • Regulatory Environment
      • Security Guards
      • Alarm Monitoring
      • Private Investigators
      • Correctional Facility Management
      • Armored Transport
      • Pre-Employment Screening
      • Others
    • World Market
      • Table CHART II-3 WORLD SECURITY SERVICE MARKET, 2014
  • SERVICES
    • General
      • Table PRIVATE SECURITY SERVICE REVENUES
      • Table CHART III-1 SECURITY SERVICE REVENUES BY TYPES OF SERVICE, 2014
    • Guarding
      • Table SECURITY GUARD REVENUES
      • Market Trends
      • Applications
      • Vendors & Market Share
        • Table CHART III-2 SECURITY GUARD MARKET SHARE, 2014
    • Alarm Monitoring Services
      • Table ALARM MONITORING SERVICE REVENUES
      • Table CHART III-3 ALARM MONITORING REVENUES BY MARKET, 2014
      • Residential Intrusion & Fire
        • Table RESIDENTIAL INTRUSION & FIRE ALARM MONITORING MARKET
      • Nonresidential
        • Table NONRESIDENTIAL ALARM MONITORING MARKET
      • Personal Emergency Response System
        • Table PERSONAL EMERGENCY RESPONSE SYSTEM MONITORING MARKET
      • Vendors & Market Share
        • Table CHART III-4 ALARM MONITORING MARKET SHARE, 2014
    • Private Investigation Services
      • Table PRIVATE INVESTIGATION REVENUES
      • Market Trends
      • Vendors
    • Correctional Facility Management
      • Table CORRECTIONAL FACILITY MANAGEMENT REVENUES
      • Market Trends
      • Market Threats
      • Vendors & Market Share
        • Table CHART III-5 CORRECTIONAL FACILITY MANAGEMENT MARKET SHARE, 2014
        • Table SELECTED CORRECTIONAL FACILITY MANAGEMENT CONTRACT AGREEMENTS
    • Systems Integration & Management
      • Table SYSTEMS INTEGRATION & MANAGEMENT SERVICE REVENUES
      • Services & Technologies
      • Vendors
    • Armored Transport Services
      • Table ARMORED TRANSPORT SERVICE REVENUES
      • Traditional Armored Transport
      • ATM Servicing & Other
      • Vendors & Market Share
        • Table CHART III-6 ARMORED TRANSPORT SERVICE MARKET SHARE, 2014
    • Security Consulting
      • Table SECURITY CONSULTING REVENUES
      • Services
      • Vendors
    • Pre-Employment Screening
      • Table PRE-EMPLOYMENT SCREENING SERVICE REVENUES
      • Market Trends
      • Vendors
    • Other Security Services
      • Table OTHER SECURITY SERVICE REVENUES
  • MARKETS
    • General
      • Table PRIVATE SECURITY SERVICE REVENUES BY MARKET
      • Table CHART IV-1 PRIVATE SECURITY SERVICE REVENUES BY MARKET, 2004-2024
    • Nonresidential
      • Table NONRESIDENTIAL SECURITY SERVICE REVENUES BY MARKET
      • Table CHART IV-2 NONRESIDENTIAL SECURITY SERVICE REVENUES BY MARKET, 2014
      • Commercial
        • Table COMMERCIAL SECURITY SERVICE REVENUES BY SERVICE & SECTOR
        • Table COMMERCIAL OFFICES & OFFICE BUILDINGS SECURITY SERVICE REVENUES
        • Table FINANCIAL INSTITUTIONS SECURITY SERVICE REVENUES
        • Table RETAIL SECURITY SERVICE REVENUES
        • Table OTHER COMMERCIAL SECURITY SERVICE REVENUES
      • Government
        • Table GOVERNMENT SECURITY SERVICE REVENUES
      • Industrial
        • Table INDUSTRIAL SECURITY SERVICE REVENUES BY SERVICE & MARKET
      • Institutional
        • Table INSTITUTIONAL SECURITY SERVICE REVENUES BY SERVICE & MARKET
        • Table HIGHER EDUCATION CAMPUS CRIME LEVELS, 2004-2013
      • Other Nonresidential Markets
        • Table OTHER NONRESIDENTIAL SECURITY SERVICE REVENUES BY SERVICE & MARKET
    • Residential
      • Table RESIDENTIAL SECURITY SERVICE REVENUES
      • Alarm Monitoring
      • Guarding & Other Services
  • REGIONAL MARKETS
    • General
    • Regional Demographic & Economic Trends
      • Population Patterns
        • Table POPULATION BY REGION
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT BY REGION
    • Construction Activity
      • Table CONSTRUCTION EXPENDITURES BY REGION
    • Public Safety Trends
      • Regional Crime Rates
        • Table CRIMES RATES BY REGION, 2004-2013
        • Table CHART V-1 CRIME RATES BY REGION, 2004-2013
      • Local Crime Trends
        • Table REPORTED CRIMES & CRIME RATES BY TYPE OF AREA, 2004-2013
      • Fire Trends
        • Table REGIONAL FIRE OVERVIEW, 2014
    • Regional Private Security Service Overview
      • Table PRIVATE SECURITY SERVICE MARKET BY REGION
      • Table CHART V-2 PRIVATE SECURITY SERVICE MARKET BY REGION, 2014
    • Northeast
      • Table NORTHEAST SECURITY MARKET PROFILE, 2014
      • Market Outlook
        • Table NORTHEAST SECURITY SERVICE REVENUES BY SUBREGION
      • New England
      • Middle Atlantic
    • Midwest
      • Table MIDWEST SECURITY SERVICE MARKET PROFILE, 2014
      • Market Outlook
        • Table MIDWEST SECURITY SERVICE REVENUES BY SUBREGION
      • East North Central
      • West North Central
    • South
      • Table SOUTH SECURITY SERVICE MARKET PROFILE, 2014
      • Market Outlook
        • Table SOUTH SECURITY SERVICE REVENUES BY SUBREGION
      • South Atlantic
      • East South Central
      • West South Central
    • West
      • Table WEST SECURITY SERVICE MARKET PROFILE, 2014
      • Market Outlook
        • Table WEST SECURITY SERVICE REVENUES BY SUBREGION
      • Mountain
      • Pacific
    • Major Metropolitan Areas
      • Table PRIVATE SECURITY SERVICE MARKET PROFILE BY SELECTED MAJOR METROPOLITAN AREAS, 2014
      • Table PRIVATE SECURITY SERVICE REVENUES BY SELECTED MAJOR METROPOLITAN AREAS*
    • Correctional Facility Management
      • Table CHART V-3 PERCENT OF STATE & FEDERAL INMATES HELD UNDER PRIVATE CORRECTIONAL FACILITY MANAGEMENT CONTRACTS BY SUBREGION, 2014
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table PRIVATE SECURITY SERVICE REVENUES BY COMPANY, 2014
      • Guarding Firms
      • Alarm Monitoring Firms
      • Private Investigation Firms
      • Correctional Facility Management Firms
      • Armored Transport Firms
      • Security Systems Integration Firms
      • Security Consulting Firms
      • Pre-Employment Screening Firms
    • Market Share
      • Table CHART VI-1 PRIVATE SECURITY SERVICE MARKET SHARE, 2014
    • Competitive Strategies
    • Marketing
      • Nonresidential
      • Residential
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • ABM Industries Incorporated
      • ADT Corporation
      • Akal Security Incorporated
      • AlliedBarton Security Services LLC
      • Altegrity Incorporated
      • APX Group Holdings Incorporated
      • Armstrong Group
      • Automatic Data Processing Incorporated
      • Brink's Company
      • Centerra Group LLC
      • Corrections Corporation of America
      • Day & Zimmermann Group Incorporated
      • Diebold Incorporated
      • Dunbar Companies
      • Garda World Security Corporation
      • GEO Group Incorporated
      • G4S plc
      • Guardsmark LLC
      • Honeywell International Incorporated
      • Inter-Con Security Systems Incorporated
      • Johnson Controls Incorporated
      • Loomis AB
      • Management & Training Corporation
      • Monitronics International Incorporated
      • Protection One Incorporated
      • Red Hawk Fire and Security US
      • RELX Group plc
      • Royal Philips NV
      • Securitas AB
      • Siemens AG
      • Slomin's Incorporated
      • Stanley Black & Decker Incorporated
      • Tyco International plc
      • Universal Services of America LP
      • US Security Associates Incorporated
      • Vector Security Incorporated
    • Other Companies Mentioned In This Study

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