Private Security Services

Abstract:

US demand for private contracted security services will rise 4.2 percent annually through 2019 to $66.9 billion. Systems integration and security consulting will be the fastest growing services, while guarding and alarm monitoring will remain dominant. The nonresidential market will remain the largest segment, while the institutional market grows the fastest.This study analyzes the $54.5 billion US private security service industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by type (e.g., guarding, alarm monitoring, private investigation, correctional facility management, systems integration and management, armored transport, security consulting, pre-employment screening), market (e.g., commercial, government, industrial, institutional, residential) and US region.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 industry players, including ADT, Securitas, and AlliedBarton.

Source:

The Freedonia Group

Document ID

3268

Country

United States

Industry

Business Services

Industry

Electronic Components

Industry

Telecommunications

Format:

PDF

Title	Starting Page	Number of Pages
EXECUTIVE SUMMARY	6	3
MARKET ENVIRONMENT	9	93
General	10	3
Demographic &Social Environment	13	1
Demographic Trends	14	4
Employment Outlook	18	3
Macroeconomic Environment	21	6
Consumer Spending Trends	27	3
Building Construction Outlook	30	3
Business Establishment Trends	33	4
Manufacturing Outlook	37	5
Retail Sales Outlook	42	4
Service Sector Outlook	46	4
Public Safety Environment	50	7
Crime	57	14
Adult Inmate Trends	71	5
Fire	76	4
Technological Environment	80	5
Regulatory Environment	85	1
Security Guards	86	2
Alarm Monitoring	88	3
Private Investigators	91	1
Correctional Facility Management	92	2
Armored Transport	94	1
Pre-Employment Screening	95	1
Others	96	1
World Market	97	5
SERVICES	102	120
General	103	6
Guarding	109	5
Market Trends	114	6
Applications	120	2
Vendors &Market Share	122	5
Alarm Monitoring Services	127	8
Residential Intrusion &Fire	135	8
Nonresidential	143	4
Personal Emergency Response System	147	4
Vendors &Market Share	151	6
Private Investigation Services	157	3
Market Trends	160	3
Vendors	163	2
Correctional Facility Management	165	4
Market Trends	169	2
Market Threats	171	3
Vendors &Market Share	174	8
Systems Integration &Management	182	4
Services &Technologies	186	2
Vendors	188	1
Armored Transport Services	189	2
Traditional Armored Transport	191	3
ATM Servicing &Other	194	3
Vendors &Market Share	197	4
Security Consulting	201	3
Services	204	2
Vendors	206	2
Pre-Employment Screening	208	5
Market Trends	213	3
Vendors	216	3
Other Security Services	219	3
MARKETS	222	63
General	223	5
Nonresidential	228	6
Commercial	234	16
Government	250	4
Industrial	254	2
Manufacturing Facilities -- In 2014, manufacturing facilities accounted for 64 percent of total security service revenues in the industrial sector. Going forward, demand for private security services used in manufacturing facilities is expected to gr...	256	3
Warehouses -- In 2014, demand for security services in warehouses accounted for 36 percent of the total industrial security service market. Going forward, revenues for security services in warehouses are projected to expand 3.7 percent annually throu...	259	2
Institutional	261	3
Healthcare Facilities -- Demand for private security services in healthcare facilities is forecast to advance at a 6.4 percent annual rate through 2019 to $3.1 billion. Growth will be supported by the rising number of healthcare facilities, which wil...	264	3
Schools -- A wide variety of educational facilities utilize private security services, although most expenditures are concentrated in high schools, colleges, and universities. Demand for private security services in schools is projected to expand 6.9...	267	4
Other Institutional Markets -- Beyond schools and healthcare facilities, most institutional buildings (e.g., religious institutions, libraries, museums, and community centers) are limited users of contract security services, but instead rely on basic ...	271	1
Other Nonresidential Markets	272	1
Public Venues -- Demand for private security services at public venues (e.g., theaters, concert halls, convention centers, sports arenas, and stadiums) is projected to advance 5.1 percent annually through 2019 to $3.3 billion. Because of the large nu...	273	2
All Other -- All other nonresidential markets which utilize contract security services include private utilities, and the passenger and cargo transportation industry, as well as smaller markets such as nonprofit agencies. Through 2019, contract secur...	275	3
Residential	278	2
Alarm Monitoring	280	3
Guarding &Other Services	283	2
REGIONAL MARKETS	285	75
General	286	1
Regional Demographic &Economic Trends	287	1
Population Patterns	288	3
Economic Outlook	291	3
Construction Activity	294	3
Public Safety Trends	297	1
Regional Crime Rates	298	5
Local Crime Trends	303	3
Fire Trends	306	2
Regional Private Security Service Overview	308	7
Northeast	315	2
Market Outlook	317	2
New England	319	2
Middle Atlantic	321	2
Midwest	323	2
Market Outlook	325	2
East North Central	327	2
West North Central	329	1
South	330	2
Market Outlook	332	2
South Atlantic	334	3
East South Central	337	2
West South Central	339	3
West	342	2
Market Outlook	344	2
Mountain	346	3
Pacific	349	3
Major Metropolitan Areas	352	5
Correctional Facility Management	357	3
INDUSTRY STRUCTURE	360	44
General	361	1
Industry Composition	362	6
Guarding Firms	368	1
Alarm Monitoring Firms	369	1
Private Investigation Firms	370	1
Correctional Facility Management Firms	371	1
Armored Transport Firms	372	1
Security Systems Integration Firms	373	1
Security Consulting Firms	374	1
Pre-Employment Screening Firms	375	1
Market Share	376	6
Competitive Strategies	382	3
Marketing	385	1
Nonresidential	386	2
Residential	388	2
Mergers &Acquisitions	390	9
Cooperative Agreements	399	5
Company Profiles	404	104
ABM Industries Incorporated	405	2
ADT Corporation	407	2
Akal Security Incorporated	409	2
AlliedBarton Security Services LLC	411	2
Altegrity Incorporated	413	3
APX Group Holdings Incorporated	416	2
Armstrong Group	418	2
Automatic Data Processing Incorporated	420	2
	422	2
Centerra Group LLC	424	2
Corrections Corporation of America	426	4
Day &Zimmermann Group Incorporated	430	2
Diebold Incorporated	432	2
Dunbar Companies	434	4
Garda World Security Corporation	438	2
GEO Group Incorporated	440	4
G4S plc	444	4
Guardsmark LLC	448	3
Honeywell International Incorporated	451	2
Inter-Con Security Systems Incorporated	453	1
Johnson Controls Incorporated	454	2
Loomis AB	456	2
Management &Training Corporation	458	2
Monitronics International Incorporated	460	2
Protection One Incorporated	462	3
Red Hawk Fire and Security US	465	2
RELX Group plc	467	3
Royal Philips NV	470	3
Securitas AB	473	4
Siemens AG	477	2
	479	1
Stanley Black &Decker Incorporated	480	3
Tyco International plc	483	4
Universal Services of America LP	487	4
US Security Associates Incorporated	491	2
Vector Security Incorporated	493	2
Other Companies Mentioned In This Study	495	13

Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.


MLA:	Freedonia Market Research. "Private Security Services" May 31, 2015. Alacra Store. May 11, 2025. <http://www.alacrastore.com/storecontent/Freedonia-Market-Research/Private-Security-Services-2039-811>

APA:	Freedonia Market Research. (2015). Private Security Services May 31, 2015. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/storecontent/Freedonia-Market-Research/Private-Security-Services-2039-811>

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