Description

The industrial and commercial security services and installation market in Europe is highly competitive and characterised by a shift towards fully integrated security services driven by digital, networked technology, with the exciting remote monitoring sector becoming increasingly highly prized. The total security services market in 2004 was valued at $2.2 billion with a growth rate of 5.9 percent and the total installation market is valued at $1.8 with a growth rate of 3.1 percent. By the end of the forecast period the markets should reach respective values of approximately $3.2 billion and $2.2 billion with annual compound growth rates of 5.7 percent and 3.1 percent for the 2004 to 2011 period.