TABLE OF CONTENTS
SECTION PAGE
Introduction xii
I. Executive Summary 1
II. Market Environment 4
General 4
Demographic & Social Environment 6
Demographic Trends 6
Employment Outlook 9
Macroeconomic Environment 11
Consumer Spending Trends 15
Building Construction Outlook 17
Business Establishment Trends 19
Manufacturing Outlook 21
Retail Sales Outlook 23
Service Sector Outlook 26
Public Safety Environment 28
Crime 31
Violent Crime 33
Property Crime 35
Terrorism & Other Nonconventional Crime 38
Terrorism 38
Other Nonconventional Crimes 39
Adult Inmate Trends 40
Fire 44
Technological Environment 48
Regulatory Environment 50
Security Guards 50
Alarm Monitoring 51
Private Investigators 53
Correctional Facilities Management 53
Armored Transport 55
Pre-Employment Screening 55
Others 55
World Market 56
III. Security Services 60
General 60
Guarding 63
Market Trends 66
Pre-Employment Screening 67
Training 68
Wages & Benefits 69
Applications 71
Vendors & Market Share 73
Alarm Monitoring Services 76
Residential Intrusion & Fire 78
Demand Trends 81
Competitive Threats 83
Nonresidential 85
Personal Emergency Response Service 88
Vendors & Market Share 91
Competition 92
Leading Vendors 93
Private Investigation Services 95
Market Trends 97
Vendors 99
Correctional Facilities Management 100
Market Trends 104
Market Threats 106
Vendors & Market Share 109
Armored Transport Services 113
Traditional Armored Transport 115
ATM Servicing & Other 118
ATMs 118
Other Services 120
Vendors & Market Share 120
Systems Integration & Management 123
Services & Technologies 125
Vendors 126
Security Consulting 127
Services 129
Vendors 130
Pre-Employment Screening 131
Trends 134
Vendors 137
All Other Security Services 138
IV. Markets 141
General 141
Nonresidential 144
Commercial 146
Commercial Offices & Office Buildings 149
Financial Institutions 152
Retail 155
Other Commercial 159
Government 162
Industrial 165
Manufacturing Facilities 167
Warehouses 169
Institutional 171
Healthcare Facilities 173
Schools 176
Other Nonresidential Markets 179
Public Venues 181
All Other 183
Residential 185
Alarm Monitoring 187
Guarding & Other Services 190
V. Regional Markets 192
General 192
Regional Demographic & Economic Trends 192
Population Patterns 193
Economic Outlook 195
Construction Activity 196
Public Safety Trends 198
Regional Crime Rates 199
Local Crime Trends 201
Fire Trends 204
Regional Private Security Services Overview 205
Northeast 209
Market Outlook 210
New England 211
Middle Atlantic 212
Midwest 213
Market Outlook 214
East North Central 216
West North Central 217
South 218
Market Outlook 219
South Atlantic 221
East South Central 222
West South Central 224
West 225
Market Outlook 226
Mountain 228
Pacific 229
Major Metropolitan Areas 230
Correctional Facility Management 236
VI. Industry Structure 239
General 239
Industry Composition 239
Guarding Firms 244
Alarm Monitoring Firms 245
Private Investigation Firms 245
Correctional Facilities Management Firms 246
Armored Transport Firms 246
Security Systems Integration Firms 247
Pre-Employment Screening Firms 247
Market Share 247
Competitive Strategies 252
Marketing 254
Nonresidential 254
Residential 255
Mergers & Acquisitions 257
Cooperative Agreements 263
Company Profiles 266
ABM Industries Incorporated 267
Adesta, see G4S
ADT Security Services, see Tyco International
AFI International Group, see TransNational Security Group
Akal Security Incorporated 269
AlliedBarton Security Services 271
Altegrity Incorporated 273
Armstrong Group 277
Automatic Data Processing Incorporated 278
Brink’s Company 279
Brink’s Home Security Holdings, see Tyco International
Broadview Security, see Tyco International
Certified Security Systems, see Vector Security
Champions of the West, see G4S
ChoicePoint, see Reed Elsevier Group
Coastal International Security, see Akal Security
Continental Secret Service Bureau, see TransNational Security Group
Cornell Companies, see GEO Group
Corporate Risk International, see Altegrity
Corrections Corporation of America 282
Counterforce USA, see United Technologies
Day & Zimmermann Group Incorporated 285
Doyon-Akal JV, see Akal Security
Dunbar Companies 287
Frisco Bay Industries, see Stanley Black & Decker
Garda World Security Corporation 290
GEO Group Incorporated 292
G4S plc 297
Guardian Protection Services, see Armstrong Group
Guardsmark LLC 301
Hamilton Pacific, see Niscayah Group
HireRight, see Altegrity
Honeywell International Incorporated 303
HR/Plus, see Allied Security Holdings
Inter-Con Security Systems Incorporated 304
Johnson Controls Incorporated 305
Kessler International 307
Loomis AB 308
Management & Training Corporation 310
Marsh & McLennan Companies Incorporated 311
Mason & Hanger Group, see Day & Zimmerman Group
Monitronics International Incorporated 312
Moore Security, see Securitas
National Diagnostics, see Altegrity
Niscayah Group AB 314
Nuclear Security Services, see G4S
Paragon Systems, see Securitas
Pinkerton Consulting & Investigations, see Securitas
Protection One Incorporated 316
Red Hawk Industries, see United Technologies
Reed Elsevier Group plc 318
Royal Philips Electronics NV 320
Safemasters, see Stanley Black & Decker
Securitas AB 322
Security America, see TransNational Security Group
Security Forces, see TransNational Security Group
Siemens AG 325
SimplexGrinnell, see Tyco International
Slomin’s Incorporated 326
Software House, see Tyco International
Sonitrol, see Stanley Black & Decker
Spartan Security Services, see Temco Service Industries
SSA Security, see ABM Industries
Stanley Black & Decker 328
Star Protection Agency, see TransNational Security Group
Temco Service Industries Incorporated 331
TransCor America, see Corrections of America
TransNational Security Group LLC 332
Tyco International Limited 336
United Technologies Corporation 341
US Security Associates Incorporated 342
USIS, see Altegrity
Vector Security Incorporated 344
Vyne Industries, see Westec Intelligent Surveillance
Westec Intelligent Surveillance Incorporated 346
Whelan Security, see TransNational Security Group
Additional Companies Mentioned in the Study 348
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- Executive Summary
Summary Table 3
SECTION II -- Market Environment
1 Population & Households 9
2 Employment Outlook 11
3 Macroeconomic Indicators 14
4 Personal Consumption Expenditures 16
5 Building Construction Expenditures 19
6 Business Establishments 20
7 Manufacturers’ Shipments 23
8 Retail Sales 25
9 Service Revenue 28
10 Public Safety Sector Employment, 1999-2009 31
11 Violent Crime Levels, 1999-2008 35
12 Property Crime Levels, 1999-2008 37
13 Other Crimes, 1999-2008 40
14 Adult Inmate Population 44
15 Fire Levels & Losses, 1999-2008 47
SECTION III -- Security Services
1 Security Services Market 62
2 Security Guard Market 66
3 Alarm Monitoring Market 77
4 Residential Alarm Monitoring Market 81
5 Nonresidential Alarm Monitoring Market 88
6 Personal Emergency Response Service Market 91
7 Private Investigation Market 97
8 Correctional Facilities Management Market 104
9 Selected Correctional Facilities Management
Contract Agreements 112
10 Armored Transport Service Market 115
11 Systems Integration & Management Service Market 124
12 Security Consulting Market 129
13 Pre-Employment Screening Market 134
14 All Other Security Services Market 140
SECTION IV -- Markets
1 Private Security Service Revenues by Market 143
2 Nonresidential Security Service Revenues by Market 145
3 Commercial Security Service Revenues by Service & Sector 149
4 Commercial Offices & Office Buildings Security
Service Revenues 152
5 Financial Institutions Security Service Revenues 155
6 Retail Security Service Revenues 159
7 Other Commercial Markets for Security Services 162
8 Government Security Service Revenues 165
9 Industrial Security Service Revenues by Service & Market 167
10 Institutional Security Service Revenues by Service & Market 173
11 Higher Education Campus Crime Levels, 1999-2008 179
12 Other Nonresidential Markets for Security Services
by Service & Market 181
13 Residential Security Service Revenues 187
SECTION V -- Regional Markets
1 Population by Region 194
2 Gross Domestic Product by Region 196
3 Construction Expenditures by Region 198
4 Crime Rates by Region, 1999-2009 200
5 Reported Crimes & Crime Rates by Type of Area, 1999-2009 203
6 Regional Fire Overview, 2009 205
7 Private Security Services Market by Region 208
8 Northeast Security Services Market Profile, 2009 209
9 Northeast Security Service Revenues by Subregion 211
10 Midwest Security Services Market Profile, 2009 214
11 Midwest Security Service Revenues by Subregion 216
12 South Security Services Market Profile, 2009 219
13 South Security Services Market by Subregion 221
14 West Security Services Market Profile, 2009 226
15 West Security Services Market by Subregion 228
16 Private Security Services Market Profile by Selected Major
Metropolitan Areas, 2009 234
17 Private Security Services Market by Selected Major
Metropolitan Areas 235
SECTION VI -- Industry Structure
1 Private Security Service Revenues by Company, 2009 243
2 Selected Acquisitions & Divestitures 261
3 Selected Cooperative Agreements 265
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- Market Environment
1 Safety Sector Employment, 2009 30
2 US Crime Rates, 1998-2008 33
3 World Security Services Market, 2009 59
SECTION III -- Security Services
1 Security Service Market by Type of Service, 2009 63
2 Security Guard Market Share, 2009 75
3 Alarm Monitoring Demand by Market, 2009 78
4 Alarm Monitoring Market Share, 2009 95
5 Correctional Facilities Management Market Share, 2009 111
6 Armored Transport Services Market Share, 2009 122
SECTION IV -- Markets
1 Private Security Service Revenues by Market, 1999-2019 143
2 Nonresidential Security Service Revenues by Market, 2009 146
SECTION V -- Regional Markets
1 Crime Rates by Region, 1999-2009 201
2 Private Security Services Market by Region, 2009 208
3 Percent of State & Federal Inmates Held Under
Private Correctional Facilities Management Contracts
by Subregion, 2009 238
SECTION VI -- Industry Structure
1 Private Security Service Market Share, 2009 248
