- call +1-201-465-4211
- email sales@mrinsights.biz
The private security services industry consists of companies who provide private security guards and patrol vehicles, as well as additional ancillary services such as alarm systems, cyber security, background screening, investigation, risk analysis and security consultancy services.
The private security services industry consists of companies who provide private security guards and patrol vehicles, as well as additional ancillary services such as alarm systems, cyber security, background screening, investigation, risk analysis and security consultancy services.
The industry is expected to witness robust growth driven by sustained security threat perception and increase in labor wages according to statutory guidelines. Procurement and retention of quality manpower is the key challenge facing the industry. Manpower procurement and retention is expected to get tough with increase in alternate employment opportunities and rapid rise in manpower requirement to support the industry’s growth.
The industry is considerably fragmented today, and is expected to get more organized and increase in organized play in user industry segments. Adherence to regulatory norms, particularly those related to wages is expected to improve going forward, and will impact margins, which are already under pressure due to intense competition.
According to this study, over the next five years the Private Security Service market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 239.5 million by 2024, from US$ 195.4 million in 2019. In particular, this report presents the global revenue market share of key companies in Private Security Service business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Private Security Service market by product type, application, key companies and key regions.
This study considers the Private Security Service value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Guard Services
Alarm Monitoring
Private Investigation
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Commercial and Industrial
Government and Institutional
Residential
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Securitas AB
Secom
G4S
Allied Universal
Prosegur
ADT
Brinks
Garda
Loomisba
SIS
ISS
ICTS Europe
Beijing Baoan
OCS Group
Transguard
Andrews International
TOPSGRUP
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Private Security Service market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Private Security Service market by identifying its various subsegments.
Focuses on the key global Private Security Service players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Private Security Service with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Private Security Service submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Private Security Service Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Private Security Service Market Size 2014-2024
2.1.2 Private Security Service Market Size CAGR by Region
2.2 Private Security Service Segment by Type
2.2.1 Guard Services
2.2.2 Alarm Monitoring
2.2.3 Armored Transport
2.2.4 Private Investigation
2.2.5 Others
2.3 Private Security Service Market Size by Type
2.3.1 Global Private Security Service Market Size Market Share by Type (2014-2019)
2.3.2 Global Private Security Service Market Size Growth Rate by Type (2014-2019)
2.4 Private Security Service Segment by Application
2.4.1 Commercial and Industrial
2.4.2 Government and Institutional
2.4.3 Residential
2.5 Private Security Service Market Size by Application
2.5.1 Global Private Security Service Market Size Market Share by Application (2014-2019)
2.5.2 Global Private Security Service Market Size Growth Rate by Application (2014-2019)
3 Global Private Security Service by Players
3.1 Global Private Security Service Market Size Market Share by Players
3.1.1 Global Private Security Service Market Size by Players (2017-2019)
3.1.2 Global Private Security Service Market Size Market Share by Players (2017-2019)
3.2 Global Private Security Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Private Security Service by Regions
4.1 Private Security Service Market Size by Regions
4.2 Americas Private Security Service Market Size Growth
4.3 APAC Private Security Service Market Size Growth
4.4 Europe Private Security Service Market Size Growth
4.5 Middle East & Africa Private Security Service Market Size Growth
5 Americas
5.1 Americas Private Security Service Market Size by Countries
5.2 Americas Private Security Service Market Size by Type
5.3 Americas Private Security Service Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Private Security Service Market Size by Countries
6.2 APAC Private Security Service Market Size by Type
6.3 APAC Private Security Service Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Private Security Service by Countries
7.2 Europe Private Security Service Market Size by Type
7.3 Europe Private Security Service Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Private Security Service by Countries
8.2 Middle East & Africa Private Security Service Market Size by Type
8.3 Middle East & Africa Private Security Service Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Private Security Service Market Forecast
10.1 Global Private Security Service Market Size Forecast (2019-2024)
10.2 Global Private Security Service Forecast by Regions
10.2.1 Global Private Security Service Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Private Security Service Forecast by Type
10.8 Global Private Security Service Forecast by Application
11 Key Players Analysis
11.1 Securitas AB
11.1.1 Company Details
11.1.2 Private Security Service Product Offered
11.1.3 Securitas AB Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Securitas AB News
11.2 Secom
11.2.1 Company Details
11.2.2 Private Security Service Product Offered
11.2.3 Secom Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Secom News
11.3 G4S
11.3.1 Company Details
11.3.2 Private Security Service Product Offered
11.3.3 G4S Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 G4S News
11.4 Allied Universal
11.4.1 Company Details
11.4.2 Private Security Service Product Offered
11.4.3 Allied Universal Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Allied Universal News
11.5 Prosegur
11.5.1 Company Details
11.5.2 Private Security Service Product Offered
11.5.3 Prosegur Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 Prosegur News
11.6 ADT
11.6.1 Company Details
11.6.2 Private Security Service Product Offered
11.6.3 ADT Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 ADT News
11.7 Brinks
11.7.1 Company Details
11.7.2 Private Security Service Product Offered
11.7.3 Brinks Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Brinks News
11.8 Garda
11.8.1 Company Details
11.8.2 Private Security Service Product Offered
11.8.3 Garda Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Garda News
11.9 Loomisba
11.9.1 Company Details
11.9.2 Private Security Service Product Offered
11.9.3 Loomisba Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Loomisba News
11.10 SIS
11.10.1 Company Details
11.10.2 Private Security Service Product Offered
11.10.3 SIS Private Security Service Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 SIS News
11.11 ISS
11.12 ICTS Europe
11.13 Beijing Baoan
11.14 OCS Group
11.15 Transguard
11.16 Andrews International
11.17 TOPSGRUP
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Private Security Service
Figure Private Security Service Report Years Considered
Figure Market Research Methodology
ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems
Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system
Global Outreach6 Major regions and 40+ countries level analysis accomplished
Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery
