Private Detective Services in the US - Industry Market Research Report

Increased Surveillance: Increasing Corporate Profit and Consumer Spending Will Likely Drive Growth

Overall, the Private Detective Services industry has performed relatively well over the five years to 2019, as the improving economy has enabled businesses and consumers to enlist the wide range of services provided by industry operators. Corporate profit and per capita disposable income growth have enabled businesses and households to boost spending on discretionary services like those provided by industry operators. Over the five years to 2019, IBISWorld expects industry revenue to grow. As economic conditions have improved over the past five years, the industry has experienced increasing demand for services from both businesses and private citizens. Over the five years to 2024, IBISWorld expects industry growth to continue, albeit at a reduced pace. Ultimately, rising corporate profit as well as increases in per capita disposable income and the number of businesses are expected to drive this growth, as both consumers and businesses become better equipped to afford industry services. This industry comprises companies and individuals that provide investigation and detective services for corporate entities and private citizens. This industry does not include operators that mainly provide guard and patrol services and armored car services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.