2014

US Private Security Services Market

NEW YORK, Nov. 8, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Private Security Services Market

http://www.reportlinker.com/p0702390/US-Private-Security-Services-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Security_Services

US demand to rise 5.2% annually through 2016

US demand for private contracted security services is projected to increase 5.2 percent annually to $63.8 billion in 2016. The market will be supported by a high perceived risk of crime (from conventional violent and property crimes to white collar crimes and terrorism) and a concern that public safety officials are overburdened. The outsourcing of security activities to contracted firms, instead of relying on in-house security, will support demand. The privatization of some public safety operations, such as guarding government facilities and correctional facilities management, will also boost gains.

Higher tech services hold especially good prospects

Security services that capitalize on continuing technological developments hold especially good prospects. For instance, both security consulting and systems integration revenues will see above-average growth. Security consultants and systems integrators are able to manage a wide variety of services when creating, upgrading or implementing security plans and when installing or upgrading complex electronic security devices. In addition, the trend toward more sophisticated and automated security electronics that are increasingly integrated with other building operations will boost growth for these services.

Labor intensive services to see below average growth

In contrast, security services that are more labor intensive, such as private investigations and armored transport, are expected to see below average growth. These services face strong competition from a range of technological advancements, including improvements in security systems, information technology and, in the case of armored transport, electronic finance. In contrast, security guarding, though also labor intensive, will see solid gains through 2016 as providers continue to promote valueadded services and features, emphasizing their guards' special skills and high level of training as a way to differentiate themselves from low-price vendors.

Residential market to outpace nonresidential

Security service requirements vary across the major markets, influenced by factors such as exposure to potential loss, the nature of the customers' activities, and the availability of alternative security options. In 2012, the nonresidential market accounted for approximately three-fourths of all private security services demand. However, through 2016 the residential market is expected to outpace the nonresidential market, benefiting from the recovery in housing construction, which will spur strong growth in residential alarm monitoring. In the nonresidential market, the best growth prospects are in the industrial and institutional sectors. Industrial demand for security services will be supported by the recovery in manufacturing activity and rebound in industrial construction. The institutional market will also benefit from strong growth in construction activity, which will increase the number of facilities that require protection. In addition, demand will be supported by the gravity of security risks in institutional settings where large numbers of persons typically are gathered, many of whom are less able to protect themselves.

Study coverage

Details on these and other findings are contained in this upcoming industry study. It presents historical demand data for 2001, 2006 and 2011, plus forecasts for 2016 and 2021 by type, market, and US region. The study also assesses key market environment factors, evaluates company market share, and profiles 35 US industry competitors, such as ADT, AlliedBarton, CCA, G4S and Securitas.

TABLE OF CONTENTS

INTRODUCTION xii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Demographic & Social Environment 6

Demographic Trends 6

Employment Outlook 11

Macroeconomic Environment 14

Consumer Spending Trends 18

Building Construction Outlook 21

Business Establishment Trends 24

Manufacturing Outlook 27

Retail Sales Outlook 30

Service Sector Outlook 34

Public Safety Environment 37

Crime 42

Violent Crimes 44

Property Crimes 46

Terrorism & Other Nonconventional Crimes 49

Terrorism 50

Other Nonconventional Crimes 52

Adult Inmate Trends 54

Fire 58

Technological Environment 62

Regulatory Environment 66

Security Guards 67

Alarm Monitoring 69

Private Investigators 71

Correctional Facility Management 71

Armored Transport 72

Pre-Employment Screening 73

Others 74

World Market 74

III. SECURITY SERVICES 78

General 78

Guarding 81

Market Trends 86

Pre-Employment Screening 86

Training 87

Wages & Benefits 89

Applications 91

Vendors & Market Share 93

Alarm Monitoring Services 95

Residential Intrusion & Fire 99

Market Trends 103

Market Threats 106

Nonresidential 108

Personal Emergency Response Service 112

Vendors & Market Share 115

Competition 116

Leading Vendors 117

Private Investigation Services 119

Market Trends 122

Vendors 124

Correctional Facility Management 126

Market Trends 130

Market Threats 132

Vendors & Market Share 135

Armored Transport Services 139

Traditional Armored Transport 140

ATM Servicing & Other 143

ATMs 144

Other Services 146

Vendors & Market Share 146

Systems Integration & Management 148

Services & Technologies 152

Vendors 154

Security Consulting 156

Services 159

Vendors 160

Pre-Employment Screening 162

Market Trends 166

Vendors 169

Other Security Services 171

IV. MARKETS 175

General 175

Nonresidential 178

Commercial 181

Commercial Offices & Office Buildings 184

Financial Institutions 188

Retail 192

Other Commercial 196

Government 199

Industrial 203

Manufacturing Facilities 206

Warehouses 208

Institutional 210

Health Care Facilities 213

Schools 216

Other Institutional Markets 220

Other Nonresidential Markets 221

Public Venues 223

All Other 225

Residential 227

Alarm Monitoring 229

Guarding & Other Services 232

V. REGIONAL MARKETS 234

General 234

Regional Demographic & Economic Trends 234

Population Patterns 235

Economic Outlook 237

Construction Activity 239

Public Safety Trends 241

Regional Crime Rates 242

Local Crime Trends 244

Fire Trends 247

Regional Private Security Service Overview 248

Northeast 252

Market Outlook 253

New England 255

Middle Atlantic 256

Midwest 258

Market Outlook 259

East North Central 261

West North Central 262

South 263

Market Outlook 264

South Atlantic 267

East South Central 269

West South Central 270

West 272

Market Outlook 273

Mountain 276

Pacific 278

Major Metropolitan Areas 280

Correctional Facility Management 286

VI. INDUSTRY STRUCTURE 289

General 289

Industry Composition 289

Guarding Firms 295

Alarm Monitoring Firms 295

Private Investigation Firms 297

Correctional Facility Management Firms 297

Armored Transport Firms 298

Security Systems Integration Firms 298

Security Consulting Firms 298

Pre-Employment Screening Firms 299

Market Share 300

Competitive Strategies 304

Marketing 306

Nonresidential 306

Residential 308

Mergers & Acquisitions 310

Cooperative Agreements 316

Company Profiles 319

ABM Industries Incorporated 320

Accuity Holdings, see Reed Elsevier Group

Adesta, see G4S

ADT Corporation 321

Advanced Solutions, see Protection One

Akal Security Incorporated 323

AlliedBarton Security Services 325

Altegrity Incorporated 327

American Alert, see Vector Security

Armstrong Group 331

Automatic Data Processing Incorporated 332

BI, see GEO Group

Brink's Company 333

Camtronic Security Integration, see Protection One

Central Alarm, see Protection One

Certified Security Systems, see Vector Security

Champions of the West, see G4S

Coastal International Security, see Akal Security

Corrections Corporation of America 335

Counterforce USA, see United Technologies

Day & Zimmermann Group Incorporated 338

Diebold Incorporated 339

Diversco Integrated Services, see ABM Industries

Doyon-Akal JV, see Akal Security

Dunbar Companies 341

Garda World Security Corporation 344

GEO Group Incorporated 346

G4S plc 349

Guardian Protection Services, see Armstrong Group

Guardsmark LLC 353

Hamilton Pacific, see Stanley Black & Decker

Heritage Security Services, see TransNational Security

Group

HireRight, see Altegrity

Honeywell International Incorporated 355

HR/Plus, see AlliedBarton Security Services

Integration Logistics, see Protection One

Inter-Con Security Systems Incorporated 357

Johnson Controls Incorporated 358

Kroll Advisory Solutions, see Altegrity

Loomis AB 360

Management & Training Corporation 362

Mason & Hanger Group, see Day & Zimmermann Group

Monitronics International Incorporated 363

Niscayah Group, see Stanley Black & Decker

Paragon Systems, see Securitas

Philips Lifeline, see Royal Philips Electronics

Pinkerton Consulting & Investigations, see Securitas

Protection One Incorporated 365

Red Hawk Fire and Security US 367

Reed Elsevier Group plc 369

Regent Security Services, see TransNational Security

Group

Royal Philips Electronics NV 371

Securitas AB 373

Security Consultants Group, see Securitas

Security Management, see Securitas

Security Professionals, see Securitas

Siemens AG 377

Silver Shield Security, see TransNational Security Group

SimplexGrinnell, see Tyco International

Slomin's Incorporated 378

Software House, see Tyco International

Sonitrol, see Stanley Black & Decker

Stanley Black & Decker Incorporated 380

TransCor America, see Corrections Corporation

of America

TransNational Security Group LLC 383

Tyco International Limited 387

United Technologies Corporation 392

Universal Services of America, see TransNational

Security Group

US Security Associates Incorporated 393

USIS, see Altegrity

Vector Security Incorporated 395

Visonic, see Tyco International

Vivint Incorporated 397

Wackenhut Services, see G4S

Whelan Security, see TransNational Security Group

Other Security Service Companies 399

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Population & Households 11

2 Employment Outlook 14

3 Macroeconomic Indicators 18

4 Personal Consumption Expenditures 21

5 Building Construction Expenditures 24

6 Business Establishments 27

7 Manufacturers' Shipments 30

8 Retail Sales 33

9 Service Income 37

10 Public Safety Sector Employment, 2001-2010 41

11 Violent Crime Levels, 2001-2010 46

12 Property Crime Levels, 2001-2010 49

13 Terrorism, 2001-2010 52

14 Selected Other Nonconventional Crimes, 2001-2010 53

15 Adult Inmate Population 58

16 Fire Levels & Losses, 2001-2010 62

SECTION III -- SECURITY SERVICES

1 Private Security Service Revenues 80

2 Security Guard Revenues 85

3 Alarm Monitoring Service Revenues 98

4 Residential Intrusion & Fire Alarm Monitoring Market 103

5 Nonresidential Alarm Monitoring Market 111

6 Personal Emergency Response Service Monitoring Market 115

7 Private Investigation Revenues 121

8 Correctional Facility Management Revenues 130

9 Selected Correctional Facility Management

Contract Agreements 137

10 Armored Transport Service Revenues 140

11 Systems Integration & Management Service Revenues 152

12 Security Consulting Revenues 159

13 Pre-Employment Screening Service Revenues 166

14 Other Security Service Revenues 174

SECTION IV -- MARKETS

1 Private Security Service Revenues by Market 177

2 Nonresidential Security Service Revenues by Market 180

3 Commercial Security Service Revenues by Service & Sector 184

4 Commercial Offices & Office Buildings Security Service

Revenues 188

5 Financial Institutions Security Service Revenues 192

6 Retail Security Service Revenues 196

7 Other Commercial Security Service Revenues 199

8 Government Security Service Revenues 203

9 Industrial Security Service Revenues by Service & Market 205

10 Institutional Security Service Revenues by Service & Market 213

11 Higher Education Campus Crime Levels, 2001-2010 220

12 Other Nonresidential Security Service Revenues by Service

& Market 223

13 Residential Security Service Revenues 229

SECTION V -- REGIONAL MARKETS

1 Population by Region 237

2 Gross Domestic Product by Region 239

3 Construction Expenditures by Region 241

4 Crime Rates by Region, 2001-2010 243

5 Reported Crimes & Crime Rates by Type of Area, 2001-2010 246

6 Regional Fire Overview, 2010 248

7 Private Security Service Market by Region 251

8 Northeast Security Service Market Profile, 2011 253

9 Northeast Security Service Revenues by Subregion 255

10 Midwest Security Service Market Profile, 2011 259

11 Midwest Security Service Revenues by Subregion 261

12 South Security Service Market Profile, 2011 264

13 South Security Service Market by Subregion 266

14 West Security Service Market Profile, 2011 273

15 West Security Service Market by Subregion 275

16 Private Security Service Market Profile by Selected Major

Metropolitan Areas, 2011 284

17 Private Security Service Market by Selected Major

Metropolitan Areas 285

SECTION VI -- INDUSTRY STRUCTURE

1 Private Security Service Revenues by Company, 2011 293

2 Selected Acquisitions & Divestitures 312

3 Selected Cooperative Agreements 317

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Safety Sector Employment, 2011 41

2 US Crime Rates, 2001-2010 44

3 World Security Service Market, 2011 77

SECTION III -- SECURITY SERVICES

1 Security Service Revenues by Type of Service, 2011 81

2 Security Guard Market Share, 2011 95

3 Alarm Monitoring Revenues by Market, 2011 99

4 Alarm Monitoring Market Share, 2011 119

5 Correctional Facility Management Market Share, 2011 136

6 Armored Transport Service Market Share, 2011 148

SECTION IV -- MARKETS

1 Private Security Service Revenues by Market, 2001-2021 177

2 Nonresidential Security Service Revenues by Market, 2011 181

SECTION V -- REGIONAL MARKETS

1 Crime Rates by Region, 2001-2010 244

2 Private Security Service Market by Region, 2011 252

3 Percent of State & Federal Inmates Held Under Private

Correctional Facility Management Contracts

by Subregion, 2011 288

SECTION VI -- INDUSTRY STRUCTURE

1 Private Security Service Market Share, 2011 301

To order this report:

Security_Services Industry: US Private Security Services Market

Contact Nicolas: nicolasbombourg@reportlinker.com
US: (805)-652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker



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