Private Security Services Market by End-user, Service, and Geography - Forecast and Analysis 2022-2026
- Published: Sep 2022
- Pages: 159
- SKU: IRTNTR71582
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The private security services market share is expected to increase by USD 56.33 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.81%.
This private security services market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers private security services market segmentation by end-user (industrial, residential, financial institutions, and others), service (manned guarding, electronic security services, and cash services), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The private security services market report also offers information on several market vendors, including ADT INC., Allied Universal, AMZ Sicherheitsdienste GmbH, GardaWorld Security Corp., Hanwei International Security Services Co.Ltd., ICTS International NV, ISS AS, Kingdom Protection Services Pvt. Ltd, Loomis AB, Mitie Group Plc., Monitronics International Inc., OCS Group Ltd., Peregrine Guarding Pvt Ltd., Prosegur Compania de Seguridad SA, Provisor Security Services, SECOM Plc, Securitas AB, SIS Ltd., Corps of Commissionaires Management Ltd., and Top IPS Group among others.
What will the Private Security Services Market Size be During the Forecast Period?
Download Report Sample to Unlock the Private Security Services Market Size for the Forecast Period and Other Important Statistics
Private Security Services Market: Key Drivers, Trends, and Challenges
Rapid urbanization is notably driving the private security services market growth, although factors such as the shortage of private security personnel may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the private security services industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.
Key Private Security Services Market Driver
One of the key factors driving growth in the private security services market is rapid urbanization. The movement of people to urban areas has increased in the last few decades. The shift is more prominent in emerging economies, as most people find better employment opportunities in urban areas compared with rural areas. The growth of the urban population will increase the construction of residential and commercial complexes in urban areas, which will necessitate the need for private security services. Emerging economies such as India, China, and Nigeria will contribute significantly to the growth of the urban population between 2020 and 2050. The growth of the urban population will also necessitate the need for advanced security measures in cities to curb criminal activities. Hence, rapid urbanization will increase the demand for private security services, which will drive the growth of the global private security services market.
Key Private Security Services Market Trend
The popularity of virtual security systems is one of the major trends influencing the private security services market growth. The common applications of virtual security systems include retail security, construction security, residential complex security, parking lot security, hotel security, and government institution security. The adoption of virtual security systems is rising as they are a cost-effective tool for deterring and reducing criminal activities compared with deploying a high number of manned guarding personnel. As the cost of manned guarding is increasing significantly due to a labor wage hike, virtual security systems play a crucial role in the functioning of small businesses that require security services. Hence, Technavio expects virtual security systems to gain prominence shortly.
Key Private Security Services Market Challenge
The shortage of private security personnel will be a major challenge for the private security services market during the forecast period. The demand for private security services is increasing significantly due to the rapid growth of the urban population across the world. However, private security service providers are facing a shortage of skilled private security personnel, which affects their financial health. This is a challenge for the growth of the market as the expansion of private security services is dependent on manned security services. Factors such as a lack of career path, the disparity in pay packages, and long working hours are leading to the shortage of private security personnel across the world. The shortage of security personnel is raising the cost of labor, which is increasing the cost of private security services for clients. Hence, the shortage of private security personnel is a challenge for vendors across the world.
This private security services market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global private security services market as a part of the global environmental and facilities services market within the global industrial market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the private security services market during the forecast period.
Who are the Major Private Security Services Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ADT INC.
- Allied Universal
- AMZ Sicherheitsdienste GmbH
- GardaWorld Security Corp.
- Hanwei International Security Services Co.Ltd.
- ICTS International NV
- ISS AS
- Kingdom Protection Services Pvt. Ltd
- Loomis AB
- Mitie Group Plc.
- Monitronics International Inc.
- OCS Group Ltd.
- Peregrine Guarding Pvt Ltd.
- Prosegur Compania de Seguridad SA
- Provisor Security Services
- SECOM Plc
- Securitas AB
- SIS Ltd.
- Corps of Commissionaires Management Ltd.
- Top IPS Group
This statistical study of the private security services market encompasses successful business strategies deployed by the key vendors. The private security services market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The private security services market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Private Security Services Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the private security services market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for the Private Security Services Market?
For more insights on the market share of various regions Request PDF Sample now!
31% of the market's growth will originate from Europe during the forecast period. Germany and the UK are the key markets for private security services in Europe. Market growth in Europe will be faster than the growth of the market in other regions.
European countries such as France and the UK have been witnessing a rise in terror threats from various terror groups recently. Europe witnessed the largest number of right-wing attacks in the last 2 decades. These factors will facilitate the private security services market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 propelled the growth of the regional market in 2020. Various countries in the region, such as China, Japan, South Korea, and India, witnessed a high number of COVID-19-positive cases. The Government of India imposed a nationwide lockdown in March 2020 and later extended it for a few more weeks. This resulted in the closure of public places but increased the demand for private security services to monitor the closed, empty spaces. Furthermore, with the reopening of shopping malls, movie theatres, and other public places, the need for private security services is growing rapidly in the country.
What are the Revenue-generating End-user Segments in the Private Security Services Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The private security services market share growth by the industrial segment will be significant during the forecast period. The industrial segment is the largest adopter of security services such as manned guarding and electronic security systems. Rising urbanization and the increasing population are creating significant demand for various products, which is leading to an increase in the number of manufacturing activities globally. The rising manufacturing output is the result of the expansion of manufacturing plants, which is creating significant demand for private security services.
This report provides an accurate prediction of the contribution of all the segments to the growth of the private security services market size and actionable market insights on the post-COVID-19 impact on each segment.
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Private Security Services Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.81% |
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Market growth 2022-2026 |
$56.33 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
4.45 |
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Regional analysis |
APAC, North America, Europe, South America, and the Middle East and Africa |
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Performing market contribution |
APAC at 31% |
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Key consumer countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
ADT INC., Allied Universal, AMZ Sicherheitsdienste GmbH, GardaWorld Security Corp., Hanwei International Security Services Co.Ltd., ICTS International NV, ISS AS, Kingdom Protection Services Pvt. Ltd, Loomis AB, Mitie Group Plc., Monitronics International Inc., OCS Group Ltd., Peregrine Guarding Pvt Ltd., Prosegur Compania de Seguridad SA, Provisor Security Services, SECOM Plc, Securitas AB, SIS Ltd., Corps of Commissionaires Management Ltd., and Top IPS Group |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Private Security Services Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive private security services market growth during the next five years
- Precise estimation of the private security services market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the private security services industry across APAC, North America, Europe, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of private security services market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 27: Chart on Comparison by End-user
- Exhibit 28: Data Table on Comparison by End-user
- 5.3 Industrial - Market size and forecast 2021-2026
- Exhibit 29: Chart on Industrial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Data Table on Industrial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 31: Chart on Industrial - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
- 5.4 Residential - Market size and forecast 2021-2026
- Exhibit 33: Chart on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Data Table on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 35: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.5 Financial institutions - Market size and forecast 2021-2026
- Exhibit 37: Chart on Financial institutions - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Data Table on Financial institutions - Market size and forecast 2021-2026 ($ billion)
- Exhibit 39: Chart on Financial institutions - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Financial institutions - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 41: Chart on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 42: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by End-user
- Exhibit 45: Market opportunity by End-user ($ billion)
6 Market Segmentation by Service
- 6.1 Market segments
- Exhibit 46: Chart on Service - Market share 2021-2026 (%)
- Exhibit 47: Data Table on Service - Market share 2021-2026 (%)
- 6.2 Comparison by Service
- Exhibit 48: Chart on Comparison by Service
- Exhibit 49: Data Table on Comparison by Service
- 6.3 Manned guarding - Market size and forecast 2021-2026
- Exhibit 50: Chart on Manned guarding - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on Manned guarding - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on Manned guarding - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Manned guarding - Year-over-year growth 2021-2026 (%)
- 6.4 Electronic security services - Market size and forecast 2021-2026
- Exhibit 54: Chart on Electronic security services - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on Electronic security services - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on Electronic security services - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Electronic security services - Year-over-year growth 2021-2026 (%)
- 6.5 Cash services - Market size and forecast 2021-2026
- Exhibit 58: Chart on Cash services - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on Cash services - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on Cash services - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Cash services - Year-over-year growth 2021-2026 (%)
- 6.6 Market opportunity by Service
- Exhibit 62: Market opportunity by Service ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 64: Chart on Market share by geography 2021-2026 (%)
- Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 66: Chart on Geographic comparison
- Exhibit 67: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2021-2026
- Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.4 North America - Market size and forecast 2021-2026
- Exhibit 72: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 73: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 74: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.5 Europe - Market size and forecast 2021-2026
- Exhibit 76: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 77: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 78: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 India - Market size and forecast 2021-2026
- Exhibit 96: Chart on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 97: Data Table on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 98: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.11 Germany - Market size and forecast 2021-2026
- Exhibit 100: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 101: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 102: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.12 UK - Market size and forecast 2021-2026
- Exhibit 104: Chart on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 105: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 106: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 107: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 108: Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 112: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 113: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 11.3 ADT INC.
- Exhibit 115: ADT INC. - Overview
- Exhibit 116: ADT INC. - Product / Service
- Exhibit 117: ADT INC. - Key news
- Exhibit 118: ADT INC. - Key offerings
- 11.4 Allied Universal
- Exhibit 119: Allied Universal - Overview
- Exhibit 120: Allied Universal - Product / Service
- Exhibit 121: Allied Universal - Key news
- Exhibit 122: Allied Universal - Key offerings
- 11.5 GardaWorld Security Corp.
- Exhibit 123: GardaWorld Security Corp. - Overview
- Exhibit 124: GardaWorld Security Corp. - Product / Service
- Exhibit 125: GardaWorld Security Corp. - Key news
- Exhibit 126: GardaWorld Security Corp. - Key offerings
- 11.6 ISS AS
- Exhibit 127: ISS AS - Overview
- Exhibit 128: ISS AS - Business segments
- Exhibit 129: ISS AS - Key news
- Exhibit 130: ISS AS - Key offerings
- Exhibit 131: ISS AS - Segment focus
- 11.7 Loomis AB
- Exhibit 132: Loomis AB - Overview
- Exhibit 133: Loomis AB - Business segments
- Exhibit 134: Loomis AB - Key news
- Exhibit 135: Loomis AB - Key offerings
- Exhibit 136: Loomis AB - Segment focus
- 11.8 Monitronics International Inc.
- Exhibit 137: Monitronics International Inc. - Overview
- Exhibit 138: Monitronics International Inc. - Product / Service
- Exhibit 139: Monitronics International Inc. - Key offerings
- 11.9 Prosegur Compania de Seguridad SA
- Exhibit 140: Prosegur Compania de Seguridad SA - Overview
- Exhibit 141: Prosegur Compania de Seguridad SA - Business segments
- Exhibit 142: Prosegur Compania de Seguridad SA - Key offerings
- Exhibit 143: Prosegur Compania de Seguridad SA - Segment focus
- 11.10 SECOM Plc
- Exhibit 144: SECOM Plc - Overview
- Exhibit 145: SECOM Plc - Business segments
- Exhibit 146: SECOM Plc - Key offerings
- Exhibit 147: SECOM Plc - Segment focus
- 11.11 Securitas AB
- Exhibit 148: Securitas AB - Overview
- Exhibit 149: Securitas AB - Product / Service
- Exhibit 150: Securitas AB - Key news
- Exhibit 151: Securitas AB - Key offerings
- 11.12 SIS Ltd.
- Exhibit 152: SIS Ltd. - Overview
- Exhibit 153: SIS Ltd. - Business segments
- Exhibit 154: SIS Ltd. - Key offerings
- Exhibit 155: SIS Ltd. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 156: Inclusions checklist
- Exhibit 157: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 158: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 159: Research methodology
- Exhibit 160: Validation techniques employed for market sizing
- Exhibit 161: Information sources
- 12.5 List of abbreviations
- Exhibit 162: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- India
- Germany
- UK
- Rapid urbanization
- Popularity of virtual security systems
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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