Fire Protection · Memphis, TN

Fire Protection Market in
Memphis, TN

$56M TAM · Market Score 95/100 · Ranked #50 of 925 MSAs by TAM

Bottom-up market data for the Memphis, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$56M
rank #50 of 925
Market Score
95/100
rank #41 of 925 · 96th percentile
Operators
Pop. growth (5-yr)
-0.2%
rank #564 of 872

Market Score breakdown

How Memphis scored 95/100 for Fire Protection

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 96th percentile nationally for Fire Protection.

ComponentWeightValuePercentile
Total Housing Units40%580,18595
New Business Applications35%24,54396
Total Population25%1,341,92495

TAM by segment

$56M in Memphis broken down by segment

Protection_fire Residential Monitoring
$42M
77% of total TAM
Protection_fire Commercial Inspection
$13M
23% of total TAM

Demographic snapshot

Who lives and buys in Memphis

Population
1,341,924
-0.2% 5-yr growth
Median HH income
$66,401
16.9% HHs $150K+
Housing units
580,185
15.1% age 65+
GDP per capita
$80,095

Frequently asked questions

Fire Protection market in Memphis: common questions

How big is the fire protection market in Memphis, TN?

The fire protection market in Memphis, TN has a total addressable market of $56M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #50 largest fire protection market of 925 U.S. MSAs.

How does Memphis rank nationally for fire protection?

Memphis scores 95/100 on PinpointIQ's Fire Protection Market Score, ranking #41 of 925 U.S. metros — the 96th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for fire protection operators and investors.

What drives fire protection demand in Memphis?

PinpointIQ scores Memphis's fire protection market on 3 components: Total Housing Units (40% weight, 95th percentile); New Business Applications (35% weight, 96th percentile); Total Population (25% weight, 95th percentile). The weights are calibrated to the fire protection vertical and applied consistently across every U.S. MSA.

What are the biggest fire protection sub-segments in Memphis?

Memphis's $56M fire protection TAM breaks down into: Protection_fire Residential Monitoring ($42M, 77% of TAM); Protection_fire Commercial Inspection ($13M, 23% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Memphis growing? How does population affect the fire protection market?

Memphis has a population of 1,341,924 and has declined 0.2% over the last 5 years. Population change is one of the drivers of fire protection demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.

TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.

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