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Market size of security services in the U.S. 2017-2020

The market size of the security services industry in the United States increased steadily since 2011, reaching a value of approximately 49.2 billion U.S. dollars in 2020. Despite the economic effects of the coronavirus (COVID-19), the industry is expected to increase by 0.2 percent in 2021.

Security services

Companies operating in the security services industry provide private security guards and patrol vehicles, as well as additional ancillary services such as alarm systems, background screening, investigation, risk analysis, and security consultancy services. In 2019, the leading three contract security services companies in the United States generated combined revenue of approximately 16 billion U.S. dollars.

What about cybersecurity?

As internet use increases, cybercrime has become one of the fastest growing security threats worldwide. Data breaches, for instance, have become some sort of new normal in the digital realm. As a result, companies and individuals look to protect themselves and their devices. Spending in the cybersecurity industry has grown steadily in recent years, reaching approximately 41 billion U.S. dollars in 2019.

Market size of security services in the United States from 2017 to 2020

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Release date



United States

Survey time period

2017 to 2020

Supplementary notes

Figures have been rounded.
* Estimated figure

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Statistics on "Security services in the U.S."

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