Security Services in Virginia
Over the five years to 2018, as Virginia's economy continue to grow, the Security Services industry in the state continues to reap the benefits. Industry operators offer services such as investigative and detective services, guard and patrol services, and the transportation of valuables for a variety of markets, including residential markets, commercial markets and government institutions. Government agencies are the industry's largest market in Virginia, as the state is home to various federal intelligence agencies.State and local government expenditure has increased in Virginia, benefiting industry operators. Over the five years to 2023, industry revenue is expected to continue to increase as the current trends hold.
Operators in the Security Services industry in Virginia provide one or more of the following: investigation and detective services; guard and patrol services; and protected transport of valuables, such as money, receipts and other items. The industry does not include companies that 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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