Security is Big Business…
The US protective service industry employs more than 3 million people, with more than 1 million working as security officers and guards. As a whole, the industry takes in about $32 billion each year in the US alone.
…With Many Major Players
The most recent data shows that the top 37 US security companies staff an average of 12,000 employees across 52 offices. Their combined annual revenues top $15 billion.
…So Competition is Fierce
Demand is high for peace of mind. To cash in, large security firms are growing, taking on more business, and squeezing out smaller competitors. Experts cite the importance of HQ efficiency and excellent customer service as top factors that can help improve profitability and client retention.
http://info.shiftboard.com/competitive-snapshot-security?utm_campaign=20160331-Security-In%26Out&utm_content=Card-CompSnap1&utm_medium=social&utm_source=twitter
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