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Study #: 2675

Published: 11/2010

Pages: 354

Full Study Price: US$ 4,900

Per Page Price: US$ 35.00 (text) | 60.00 (table)

Private Security Services to 2014 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US sales of private contractual security services will rise 4.9 percent annually through 2014. Guarding and alarm monitoring will remain the largest segments while pre-employment screening, systems integration and management, and consulting will grow the fastest. The residential market will outpace nonresidential uses.

This study analyzes the $49.8 billion US private security service industry. It presents historical demand data (1999, 2004, 2009) and forecasts for 2014 and 2019 by type (e.g., guarding, alarm monitoring, private investigation, correctional facilities, armored transport, systems integration and management, security consulting, pre-employment screening), market (e.g., nonresidential, residential) and US region.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 industry players, including Tyco International, Securitas and G4S.

				    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