Fire Protection · Providence, RI

Fire Protection Market in
Providence, RI

$93M TAM · Market Score 95/100 · Ranked #38 of 925 MSAs by TAM

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

Total TAM
$93M
rank #38 of 925
Market Score
95/100
rank #44 of 925 · 95th percentile
Operators
Pop. growth (5-yr)
4.4%
rank #301 of 872

Market Score breakdown

How Providence scored 95/100 for Fire Protection

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 95th percentile nationally for Fire Protection.

ComponentWeightValuePercentile
Total Housing Units40%730,95796
New Business Applications35%16,58994
Total Population25%1,684,07196

TAM by segment

$93M in Providence broken down by segment

Protection_fire Residential Monitoring
$79M
85% of total TAM
Protection_fire Commercial Inspection
$14M
15% of total TAM

Demographic snapshot

Who lives and buys in Providence

Population
1,684,071
4.4% 5-yr growth
Median HH income
$87,040
25.0% HHs $150K+
Housing units
730,957
18.4% age 65+
GDP per capita
$69,131

Frequently asked questions

Fire Protection market in Providence: common questions

How big is the fire protection market in Providence, RI?

The fire protection market in Providence, RI has a total addressable market of $93M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Providence the #38 largest fire protection market of 925 U.S. MSAs.

How does Providence rank nationally for fire protection?

Providence scores 95/100 on PinpointIQ's Fire Protection Market Score, ranking #44 of 925 U.S. metros — the 95th 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 Providence?

PinpointIQ scores Providence's fire protection market on 3 components: Total Housing Units (40% weight, 96th percentile); New Business Applications (35% weight, 94th percentile); Total Population (25% weight, 96th 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 Providence?

Providence's $93M fire protection TAM breaks down into: Protection_fire Residential Monitoring ($79M, 85% of TAM); Protection_fire Commercial Inspection ($14M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Providence has a population of 1,684,071 and has grown 4.4% 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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