Industry Data & Market Research

2023 U.S. Industry Statistics & Market Forecast - Investigation & Security Services

Market Size & Industry Statistics

The total U.S. industry market size for Investigation & Security Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Investigation & Security Services market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Investigation & Security Services industry is experiencing a number of key trends that are driving change and shaping the future of the sector. These include:

1. Increasing demand for digital security services With the rise of digital technology, businesses and individuals are increasingly turning to investigation and security services to protect themselves against cyber threats and online fraud. This has resulted in an increasing demand for digital security services such as cybersecurity audits, online monitoring, and digital risk assessments.

2. Changing legal and regulatory landscape Changes in laws and regulations around data privacy, intellectual property, and workplace safety are affecting the way that investigation and security firms operate. Firms must stay up to date with the latest legal requirements to ensure that their services remain compliant and effective.

3. Growing awareness of workplace safety The COVID-19 pandemic has put a renewed focus on workplace safety and health. As a result, investigation and security firms are increasingly being called on to provide expertise in risk assessments, pandemic response planning, and workplace safety protocols.

4. Emphasis on diversity and inclusion As movements such as #MeToo and Black Lives Matter gain momentum, there is growing pressure on businesses to demonstrate a commitment to diversity and inclusion. Investigation and security firms must ensure that their services are free from bias and discrimination, and that they provide a safe and inclusive environment for all.

5. Adoption of new technology As technology continues to advance, investigation and security firms are increasingly adopting new tools and techniques to improve their services. These include everything from drones and surveillance equipment to machine learning and predictive analytics.

Product & Services Breakdown

Research products and services in the Investigation & Security Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Investigation Services, Including Personal Background Checks

Domestic And Family Investigation Services

Legal Investigation Services

Insurance Investigation Services

Corporate Investigation Services

Pre-Employment Services (E.G., Background Investigations.)

Other Investigation Services

Security Guard And Patrol Services

Security Guard And Patrol Services For Buildings And Grounds

Security Services For Special Events, Including Crowd Control

Bodyguard Services

Armored Car Services

Armored Car Transportation Of Cash And Valuables (Except For Automated Teller Machines)

Armored Car Automated Teller Machine Services

Building Security System Services (With Monitoring)

Residential Security System Services (With Monitoring)

Non-Residential Security System Services (With Monitoring)

Building Security System And Lock Installation, Including Repair Services (Without Monitoring)

Building Security System And Lock Installation, Including Repair Services (Without Monitoring) - Residential

Building Security System And Lock Installation, Including Repair Services (Without Monitoring) - Non-Residential

Key Duplication Services

Security Consulting Services

Security Training Services

Cash Handling And Management Services For Business

Resale Of Merchandise

Resale Of Merchandise, Over-The-Counter Or Separate From Services Provided

All Other Receipts

All Other Operating Receipts

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Investigation & Security Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Investigation & Security Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Investigation & Security Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers2%
Protective Service Occupations 78%
Other Protective Service Workers 75%
Security Guards and Gambling Surveillance Officers 73%
Security Guards 73%
Sales and Related Occupations 11%
Sales Representatives, Services 8%
Miscellaneous Sales Representatives, Services 8%
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 8%
Office and Administrative Support Occupations 6%
Installation, Maintenance, and Repair Occupations 7%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers 5%
Miscellaneous Electrical and Electronic Equipment Mechanics, Installers, and Repairers 5%
Security and Fire Alarm Systems Installers 5%
Other Installation, Maintenance, and Repair Occupations 9%
Miscellaneous Installation, Maintenance, and Repair Workers 8%
Locksmiths and Safe Repairers 7%
Source: Bureau of Labor Statistics

Investigation & Security Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Investigation & Security Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Investigation & Security Services industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Investigation & Security Services industry.

Government Contracts

In 2022, the federal government spent a total of $27,494,838,131 on Investigation & Security Services. It has awarded 12462 contracts to 2275 companies, with an average value of $12,085,643 per company.   

Most Recent Contracts Date Total Award Amount
4850 E Perry Pkwy
Greenwood Village, CO
Jun 30, 2023$5,048

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