Security Services in the US
Operators in the Security Services industry commonly provide guard and patrol services, in-transit cash and valuables protection and investigation and detective services. Over the five years to 2018, industry revenue is expected to increase as guard, investigative and other industry services became increasingly popular among corporate and government agencies. The industry provides security measures for businesses and public areas that have chosen to outsource security systems rather than take on the logistical burden of protecting their facilities themselves. Over the five years to 2023, the Security Services industry is expected to encounter serious competition from security alarm service systems, which install remote-monitoring security systems and provide off-site response services. However, industry operators will continue to combat alarm service systems by offering integrated security systems, which incorporate surveillance, communications and verification systems while stressing the importance of guard and patrol services.
Security service companies provide one or more of the following: investigative and detective services; guard and patrol services; and protected transport of valuables, including money, receipts and other items. The industry does not include companies that perform credit checks or sell security systems, such as burglar and fire alarms.
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.
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