Industry Analysis & Industry Trends
The industry installs, maintains and monitors security and fire alarms and surveillance equipment. The industry also includes the installation and maintenance of mechanical or electronic locking devices such as safes and security vaults. The industry is relatively safeguarded from economic volatility because consumers largely consider the service provided by industry operators to be essential. Security systems are considered a necessary precaution in homes and businesses. Over the past five years through 2016-17, the compound annual growth of crime in the United Kingdom has fallen, but public concern over terrorism has increased, with threat levels changing from ‘substantial' in 2011-12 to ‘severe' in 2016-17, boosting demand for industry services... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a medium level of industry concentration. The four largest players account for an estimated 53.3% of industry revenue in 2016-17. The leading players in the industry supply a wide range of fire and security services, including surveillance and monitoring equipment. These companies include ADT Fire & Security, G4S, Securitas and MITIE.
The industry is very fragmented and includes a lot of small-scale players. In 2016, an estimated 90.6% of enterprises employed fewer than 10 people. This reflects the large number of small firms in the industry. Industry concentration has remained at a medium level over the past five years. However, it is expected that the industry will become increasingly fragmented. Ove.. purchase to read more