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: [email protected]
US: (805)-652-2626
Intl: +1 805-652-2626
SOURCE Reportlinker
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