Security Alarm Services in the US - Industry Market Research Report

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.


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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