Industry Analysis & Industry Trends
Over the five years to 2018, revenue for the Security Alarm Services industry is expected to continue trending higher. In addition to growth in the number of business and rising disposable income, rising housing starts are expected to boost revenue. The residential client market (the industries second-largest market) is expected to benefit as housing construction increases. Although growth prospects for industry operators are bright, the industry is expected to face potential hurdles. Crime rates are expected to fall over the five years to 2018, which will likely cause businesses and residents to defer purchases on security alarm services... purchase to read more
Industry Report - Industry Key Buyers Chapter
In 2013, the top four industry players are expected to account for less than 34.0% of industry revenue. The industry is characterized by a large number of small players, some of which are subcontractors for major players and provide installation and maintenance services. Also, about 40.4% of industry establishments are nonemployers, which demonstrates the prevalence of independent contractors. In particular, many retired police officers, for example, provide security services.
While nonemployers make up a large share of the industry, the industry's largest player also occupies a significant portion of the market... purchase to read more