Research and Markets: 2012 Report on the $16 Billion US Security System Services Industry Featuring ADT, Convergint, Monitronics and Protection One
Research and Markets (http://www.researchandmarkets.com/research/srtwpm/security_system) has announced the addition of the "Security System Services" report to their offering.
The security systems services industry in the US includes about 5,000 companies with combined annual revenue of about $16 billion. Major companies include ADT Security Services, Convergint Technologies, Monitronics, and Protection One. The industry is concentrated: the 50 largest companies generate about 60 percent of industry revenue.
Global security system monitoring revenues total about $40 billion, according to Global Industry Analysts. Europe and the US are the largest security system markets. Major companies outside the US include G4S (headquartered in the UK); Securitas (Sweden); and Secom (Japan).
Companies in the security systems services industry sell, install, and monitor commercial and residential electronic security alarm systems.
Demand is driven partly by home sales, new home construction, and new commercial and office construction. The profitability of monitoring companies depends on the volume of customers, as most costs are fixed. Large companies have advantages of scale in operating monitoring centers and in national advertising and brand recognition. Small companies often compete by selling customer contracts to the large monitoring companies, or reselling the monitoring companies services, which they buy wholesale. The industry is labor-intensive: average annual revenue per employee is about $140,000.
Products, Operations & Technology:
Major services are the sales, installation, and monitoring of electronic security systems. The industry consists of commercial and residential segments, each of which uses different types of equipment and monitoring. Most companies operate in only one segment.
Key Topics Covered:
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/srtwpm/security_system