Security Systems Services - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry comprises establishments engaged in (1) selling security systems, such as burglar and fire alarms and locking devices, along with installation, repair, or monitoring services or (2) remote monitoring of electronic security alarm systems. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Security Systems Services Market Size

This report includes historical and forecasted market sizes and industry trends for Security Systems Services. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Security Systems Services industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Security Systems Services industry.

Geographic Breakdown by U.S. State

Security Systems Services market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Security Systems Services companies in the United States.

Distribution by Company Size

Company Size	All Industries	Security Systems Services
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Security Systems Services company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Security Systems Services industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Building security system services (with monitoring)
Non-residential security system services
Residential security system services
Building security sys & lock inst & repair (without monitoring)
Bldg security sys & lock inst & repair (w/o monitoring) - non-res
Bldg security sys & lock inst & repair (w/o monitor) -residential
All other operating receipts
Resale of merchandise
Resale of over-the-counter merchandise

Compensation and Salary Surveys

Salary information for employees working in the Security Systems Services industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%	Included
Chief Executives	0%
General and Operations Managers	4%
Sales and Related Occupations	12%
Sales Representatives, Services	8%
Miscellaneous Sales Representatives, Services	8%
Sales Representatives, Services, All Other	8%
Office and Administrative Support Occupations	25%
Information and Record Clerks	8%
Customer Service Representatives	7%
Customer Service Representatives	7%
Installation, Maintenance, and Repair Occupations	44%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers	30%
Miscellaneous Electrical and Electronic Equipment Mechanics, Installers, and Repairers	30%
Security and Fire Alarm Systems Installers	29%
Other Installation, Maintenance, and Repair Occupations	11%
Miscellaneous Installation, Maintenance, and Repair Workers	10%
Locksmiths and Safe Repairers	9%

Government Contracts

The federal government spent an annual total of $642,253,253 on the Security Systems Services industry. It has awarded 8,109 contracts to 1,215 companies, with an average value of $528,604 per company.

Top Companies in Security Systems Services and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included