The United States is the world’s largest market for security products and services. In 2007, the industry’s commercial, institutional and government sectors produced 180,000 jobs nationwide and had a national economic impact of nearly $18 billion.
Employment impact of industry: 180,000 jobs
•• Average salary: $38,382 (compared to average U.S. salary of $36,000)
Nationwide economic impact of industry in 2007: $17.9 billion
•• Total security market: $9.7 billion
•• Supporting industries (installers, integrators, etc.): $8.2 billion
Annual growth in 2008 (projected)
Access control . . . . . . . 6.4%
CCTV/Video surveillance . . . . . . . . . . 6.7%
Fire detection . . . . . . . . . . . . . 4.8%
Intrusion detection . . . . . . . . . . . . . .6.4%
Electronic article surveillance (EAS) . . . . . 5.5%
Provided by SIA’s United States Security Market Report and Economic Impact Study