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 |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
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.Industry Revenue by State [Sample]
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 | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
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 |
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