US demand for private contracted security services will rise 5.4 percent annually to $64.5 billion in 2016. Security consulting will lead gains, followed closely by systems integration and management. Alarm monitoring and correctional facilities management will also do well. The residential market will outpace the dominant nonresidential segment.
This study analyzes the $49.7 billion US private security service industry. It presents historical demand data for the years 2001, 2006 and 2011, with forecasts for 2016 and 2021 by type (e.g., guarding, alarm monitoring, private investigation, correctional facility management, armored transport, systems integration, 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 Securitas, ADT, and G4S.