Private Security Services Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 174 SKU: IRTNTR71582

Private Security Services Market Report Forecast 2024-2028 

The private security services market size is forecast to increase by USD 181.2 billion at a CAGR of 9.52% between 2023 and 2028. A major driver propelling the market is the growing recognition of the indispensable role played by specialized security services within the private security sector. Private companies increasingly prioritize safety, fueling the demand for advanced security technologies and protective measures. As the security service market expands, private security agencies find themselves at the forefront, offering tailored solutions to address evolving threats.

The heightened focus on risk handling amplifies the significance of private security companies. Most businesses across various sectors now rely on services to protect their assets and ensure safety. Their expertise in navigating the nuances of the private-security market positions them as crucial contributors, driving sustained growth and innovation within the dynamic landscape of security services. Increasingly, companies turn to private security firms to mitigate data vulnerabilities against hackers, phishing, and malware attacks, recognizing the importance of protecting company information and IT systems. Integrated security solutions have become essential for residential and commercial customers, integrating both manned guarding and electronic-security system services to protect premises round-the-clock against evolving threats.

Market Overview

To learn more about this report,  Request Free Sample

Market Dynamics and Customer Landscape

The Hemodialysis and Peritoneal Dialysis Market is experiencing significant growth driven by the growing recognition of the indispensable role these treatments play in managing kidney diseases and improving patient outcomes. A notable trend in this market is the increasing popularity of integrated security solutions, data pooling, and leveraging advanced security technologies to safeguard sensitive data and protect against cyber threats. However, a significant challenge facing the industry is the shortage of personnel, particularly skilled professionals capable of managing complex security systems and responding effectively to emerging threats.

Despite advancements in physical security, surveillance, and access control, the escalating sophistication of cybersecurity threats poses risks to individuals, businesses, and government agencies alike. To address these challenges, private security firms and government law enforcement agencies must collaborate to implement robust protective measures and enhance risk handling capabilities, leveraging technologies such as AI and the Internet of Things (IoT) to mitigate the impact of hackers, phishing, and malware on company information, employees, and data vulnerabilities.

Key Market Driver

A major driver propelling the market is the growing recognition of the indispensable role played by security companies within the private-security sector. Private companies increasingly prioritize safety, fueling the demand for comprehensive services. As the security-service market expands, private-security agency find themselves at the forefront, offering tailored solutions to address evolving threats. The heightened focus on protecting assets and personnel amplifies the significance of private-security company. Most businesses across various sectors now rely on services to protect their assets and ensure safety. Their expertise in navigating the nuances of the private security's market positions them as crucial contributors, driving sustained growth and innovation within the dynamic landscape of security-services.

Significant Market Trends

Increasing popularity of integrated security solutions due to the increase of crimes is a major trend in the market. Integrated security-solutions have become a necessity for residential and commercial customers, as the threat of crime rates such as thefts and burglaries puts premises at risk. Integrated security-solutions are multi-layer security-solutions that integrate both manned guarding and electronic security system services into one service. Market players offer integrated security-solutions that consist of services such as access control, fire and smoke detection, round-the-clock staff, and video monitoring. Such solutions play a vital role in protecting premises round-the-clock. Hence, commercial complexes and businesses prefer integrated security-solutions.

In addition, face recognition software solutions are being adopted to automatically detect and capture the image of people. Thus, such advances in AI will significantly enhance the applications of integrated security-solutions and make them a crucial tool to improve the security of premises during the forecast period. Hence, such factors are expected to drive market growth during the forecast period.

Major Market Challenge

Shortage of personnel is a major challenge in the market. The demand increasing significantly due to the rapid growth of the urban population across the world. Nevertheless, service providers are facing a shortage of skilled personnel, which affects their financial health. This is a challenge for the growth of the market, as the expansion of services is dependent on manned security guarding. Additionally, factors such as a lack of career path, the disparity in pay packages, and long working hours are leading to the shortage of personnel across the world.

Furthermore, the shortage of security-personnel is expected to result in a change in the strategy of service providers to retain security personnel and attract a new workforce through competitive payments during the forecast period. Moreover, the shortage of security-personnel is raising the cost of labor, which is increasing the cost of services for clients. Such factors are expected to impede market growth during the forecast period.

Market Segmentation by End-user, Service, and Geography

End-user Segment Analysis

The industrial segment will account for a major share of the market's growth during the forecast period.?The industrial segment of the market includes the manufacturing industries that adopt the services of service providers for their daily-security needs and operations. Manufacturing industries include sophisticated manufacturing plants, warehouses, and assemblies that require round-the-clock security and surveillance services. The industrial segment is the largest adopter of services such as manned guarding and electronic-security systems.

Customised Report as per your requirements!

The industrial segment was valued at USD 102.00 billion in 2018. Furthermore, the industrial segment is expected to witness the adoption of drone technology during the forecast period for patrolling and supervision purposes. G4S, a subsidiary of Allied Universal, a prominent vendor in the market, provides numerous solutions for facilitating patrolling and surveillance by drones as per consumers' requirements. Different regulatory authorities are also focusing on facilitating the adoption of drone technology. Thus, such factors are expected to drive the growth of the industrial segment of the market during the forecast period.

Service Segment Analysis:

Based on service, the market has been segmented into manned guarding, electronic services, and cash services. The manned guarding?segment will account for the largest share of this segment.?Currently, unorganized players occupy the maximum share of the manned guarding segment globally. However, the strict enforcement of regulations, the increasing demand for skilled security-personnel, and the preference for organized players are among the factors leading to the growth of organized players in the manned guarding segment. Furthermore, the global e-commerce industry is witnessing significant growth. This is leading to a rise in warehouse construction, which can further support the need for manned guarding personnel to prevent thefts. Thus, such factors are expected to drive the growth of the manned guarding segment of the market during the forecast period.

Regional Analysis

For more insights on the market share of various regions Download Sample PDF now!

APAC is estimated to contribute 33% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. APAC witnessed high growth in the market in 2023 due to the presence of countries such as China, India, Thailand, and Indonesia, which are witnessing rapid economic development. With the rapid economic growth of these countries, the per capita income has significantly increased over the last few decades. Thus, such factors are creating significant demand for residential and commercial complexes, which is subsequently fueling the demand in the region. Further, APAC is also witnessing a surge in the number of organized players as customers prefer organized players to unorganized players for advanced integrated services. Due to these factors, the market in APAC is expected to grow significantly during the forecast period.

Key Players in the Market

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ADT Inc.: The company offers Home-Security Systems, Smart-Security Cameras, Life Safety Alarms, and Life Safety Alarms.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Allied Universal, AMZ Sicherheitsdienste GmbH, Hanwei International Security-Services Co.Ltd., ICTS Europe S.A, Indian Facility Solutions Pvt Ltd., ISS AS, Kingdom Protection Services Pvt. Ltd, Loomis AB, Mitie Group Plc, OCS Group International Ltd., Peregrine Guarding Pvt Ltd., Prosegur Compania de Seguridad SA, SECOM Plc, Securitas AB, SIS Ltd., The Brinks Co., Corps of Commissionaires Management Ltd., Top IPS Group, and Provisor Security-Services 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Competitive Analysis

The market exhibits intense competition among organizations vying for prominence. Security companies, both armed and unarmed, play a pivotal role in safeguarding property and ensuring the safety of the private sector. With a focus on Spain, the market's landscape extends its range from routine security-tasks to specialized investigation services. The economy heavily influences the demand for such services, affecting the employment of security-guards. Companies distinguish themselves through comprehensive training programs for their employees. This competitive analysis underscores the dynamic nature of the private security market, where adept organizations continually adapt to evolving security challenges.

Market Analyst Overview

In today's world, the market plays a critical role in safeguarding individuals, businesses, and organizations against various criminal activities and threats. From physical security to cybersecurity, private security firms offer a wide range of services to address diverse security needs.

These services encompass event security, personal protection, investigations, and security consulting, conducted by trained professionals with expertise in risk assessment and security training. Both government law enforcement agencies and private organizations rely on private security-services to complement the efforts of public law enforcement agencies.

Advanced technologies such as thermal cameras, CCTV cameras, and access control systems enhance security measures, enabling remote monitoring and intrusion detection. Additionally, cloud-based surveillance solutions provide efficient storage and management of camera feeds and recorded video.

Amid escalating cybersecurity threats and terrorism, private-security firms employ cutting-edge technology like biometrics, artificial intelligence, and machine learning to identify and mitigate risks effectively. Furthermore, specialized services such as executive protection and asset protection cater to the unique security requirements of high-profile persons and businesses.

By offering proactive risk reduction strategies and customized protection services, private-security firms contribute to maintaining safety, confidentiality, and peace of mind in a rapidly evolving security-landscape.

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook 
    • Industrial
    • Residential
    • Financial institutions
    • Others
  • Service Outlook 
    • Manned guarding
    • Electronic 
    • Cash services
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • APAC
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

174

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.52%

Market Growth 2024-2028

USD 181.2 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

8.86

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ADT Inc., Allied Universal, AMZ Sicherheitsdienste GmbH, Hanwei International Co.Ltd., ICTS Europe S.A, Indian Facility Solutions Pvt Ltd., ISS AS, Kingdom Protection Services Pvt. Ltd, Loomis AB, Mitie Group Plc, OCS Group International Ltd., Peregrine Guarding Pvt Ltd., Prosegur Compania de Seguridad SA, SECOM Plc, Securitas AB, SIS Ltd., The Brinks Co., Corps of Commissionaires Management Ltd., Top IPS Group, and Provisor Services

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, market growth analysis, market research and growth, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

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.

Request Sample PDF 

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research 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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global private security services market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global private security services market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Service Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Service Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Industrial - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • 6.4 Residential - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Residential - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • 6.5 Financial institutions - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Financial institutions - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Financial institutions - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Financial institutions - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Financial institutions - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ billion)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Service

    • 7.1 Market segments
      • Exhibit 52: Chart on Service - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Service - Market share 2023-2028 (%)
    • 7.2 Comparison by Service
      • Exhibit 54: Chart on Comparison by Service
      • Exhibit 55: Data Table on Comparison by Service
    • 7.3 Manned guarding - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Manned guarding - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Manned guarding - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Manned guarding - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Manned guarding - Year-over-year growth 2023-2028 (%)
    • 7.4 Electronic security services - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Electronic security services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Electronic security services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Electronic security services - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Electronic security services - Year-over-year growth 2023-2028 (%)
    • 7.5 Cash services - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Cash services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Cash services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Cash services - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Cash services - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Service
      • Exhibit 68: Market opportunity by Service ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Service ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ADT Inc.
              • Exhibit 123: ADT Inc. - Overview
              • Exhibit 124: ADT Inc. - Business segments
              • Exhibit 125: ADT Inc. - Key news
              • Exhibit 126: ADT Inc. - Key offerings
              • Exhibit 127: ADT Inc. - Segment focus
            • 12.4 Allied Universal
              • Exhibit 128: Allied Universal - Overview
              • Exhibit 129: Allied Universal - Product / Service
              • Exhibit 130: Allied Universal - Key offerings
            • 12.5 AMZ Sicherheitsdienste GmbH
              • Exhibit 131: AMZ Sicherheitsdienste GmbH - Overview
              • Exhibit 132: AMZ Sicherheitsdienste GmbH - Product / Service
              • Exhibit 133: AMZ Sicherheitsdienste GmbH - Key offerings
            • 12.6 Hanwei International Security Services Co.Ltd.
              • Exhibit 134: Hanwei International Security Services Co.Ltd. - Overview
              • Exhibit 135: Hanwei International Security Services Co.Ltd. - Product / Service
              • Exhibit 136: Hanwei International Security Services Co.Ltd. - Key offerings
            • 12.7 ICTS Europe S.A
              • Exhibit 137: ICTS Europe S.A - Overview
              • Exhibit 138: ICTS Europe S.A - Product / Service
              • Exhibit 139: ICTS Europe S.A - Key offerings
            • 12.8 Indian Facility Solutions Pvt Ltd.
              • Exhibit 140: Indian Facility Solutions Pvt Ltd. - Overview
              • Exhibit 141: Indian Facility Solutions Pvt Ltd. - Product / Service
              • Exhibit 142: Indian Facility Solutions Pvt Ltd. - Key offerings
            • 12.9 Loomis AB
              • Exhibit 143: Loomis AB - Overview
              • Exhibit 144: Loomis AB - Business segments
              • Exhibit 145: Loomis AB - Key news
              • Exhibit 146: Loomis AB - Key offerings
              • Exhibit 147: Loomis AB - Segment focus
            • 12.10 Mitie Group Plc
              • Exhibit 148: Mitie Group Plc - Overview
              • Exhibit 149: Mitie Group Plc - Business segments
              • Exhibit 150: Mitie Group Plc - Key news
              • Exhibit 151: Mitie Group Plc - Key offerings
              • Exhibit 152: Mitie Group Plc - Segment focus
            • 12.11 Peregrine Guarding Pvt Ltd.
              • Exhibit 153: Peregrine Guarding Pvt Ltd. - Overview
              • Exhibit 154: Peregrine Guarding Pvt Ltd. - Key offerings
            • 12.12 Prosegur Compania de Seguridad SA
              • Exhibit 155: Prosegur Compania de Seguridad SA - Overview
              • Exhibit 156: Prosegur Compania de Seguridad SA - Business segments
              • Exhibit 157: Prosegur Compania de Seguridad SA - Key offerings
              • Exhibit 158: Prosegur Compania de Seguridad SA - Segment focus
            • 12.13 Securitas AB
              • Exhibit 159: Securitas AB - Overview
              • Exhibit 160: Securitas AB - Product / Service
              • Exhibit 161: Securitas AB - Key news
              • Exhibit 162: Securitas AB - Key offerings
            • 12.14 SIS Ltd.
              • Exhibit 163: SIS Ltd. - Overview
              • Exhibit 164: SIS Ltd. - Business segments
              • Exhibit 165: SIS Ltd. - Key offerings
              • Exhibit 166: SIS Ltd. - Segment focus
            • 12.15 The Brinks Co.
              • Exhibit 167: The Brinks Co. - Overview
              • Exhibit 168: The Brinks Co. - Business segments
              • Exhibit 169: The Brinks Co. - Key offerings
              • Exhibit 170: The Brinks Co. - Segment focus
            • 12.16 Corps of Commissionaires Management Ltd.
              • Exhibit 171: Corps of Commissionaires Management Ltd. - Overview
              • Exhibit 172: Corps of Commissionaires Management Ltd. - Product / Service
              • Exhibit 173: Corps of Commissionaires Management Ltd. - Key offerings
            • 12.17 Top IPS Group
              • Exhibit 174: Top IPS Group - Overview
              • Exhibit 175: Top IPS Group - Product / Service
              • Exhibit 176: Top IPS Group - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: 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

              PURCHASE FULL REPORT OF

              private security services market market

              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?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis