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Security Monitoring Services


ProcurementIQ’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. ProcurementIQ’s Security Monitoring Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Security Monitoring Services - Recent Price Trend

The price of security monitoring services has been increasing at an estimated annualized rate of 1.5% in the three years to 2018, thereby restricting buyer power. Service prices have been rising on the back of increasing demand, although suppliers’ virtually stagnant input costs have slowed growth in service prices.Key buyers of security monitoring services, such as commercial businesses,.

Security Monitoring Services - Total Cost of Ownership

Total cost of ownership is high for security monitoring services. Namely, buyers face considerable acquisition and reconfiguration costs when purchasing and installing the hardware necessary to provide monitoring services. Many vendors charge a hefty sum for equipment and installation, averaging about $800 for a midsize facility, and, in turn, offer lower monthly monitoring rates. These large.

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About this Report

This report is intended to assist buyers of security monitoring services. Security monitoring providers alert buyers and, if necessary, relevant law enforcement departments in the case of a security breach on the buyer’s property. Suppliers in this market provide video surveillance, fire alarm monitoring, access control, intrusion detection and security equipment maintenance, among other services. Monitoring is generally conducted off the buyer's premises in a remote facility operated by the supplier. Key buyers include residential and commercial property owners. This report does not include security guard services, information security or security system installation.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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