Private Security Services Market Size to Grow by USD 56.33 Billion; 31% Of The Growth Contribution To Come From APAC - Technavio

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Oct 10, 2022, 03:00 ET

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- The private security services market is set to grow by USD 56.33 billion between 2021 to 2026, with an accelerating growth momentum at a CAGR of 4.81% during the forecast period, according to Technavio. Our report provides extensive information on the value chain analysis for the glycolic acid market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request a free sample report.

Technavio has announced its latest market research report titled Global Private Security Services Market 2022-2026

Private Security Services Market 2022-2026: Segmentation

Private Security Services Market is segmented as below:

End-user

Industrial
Residential
Financial Institutions
Others

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.

Service

Manned Guarding
Electronic Security Services
Cash Services

Manned guarding services include the deployment of security personnel for guarding client premises against unauthorized access, as well as protecting the assets and properties within facilities. These services include the surveillance and protection of facilities, transport security, security checks, close monitoring and protection, crowd management, event security, and executive protection. Manned guarding accounted for the largest share of the global private security services market in 2018 and is expected to continue holding the dominant share during the forecast period.

Geography

Europe
APAC
North America
South America
Middle East And Africa

31% of the market's growth will originate from APAC during the forecast period. 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. Our private security services market report covers the following areas:

Private Security Services Market 2022-2026: Vendor Analysis

The private security services market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. This statistical study of the private security services market encompasses successful business strategies deployed by the key vendors. Technavio provides a detailed analysis of around 25 vendors operating in the Private Security Services Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Private Security Services Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. The report identifies 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 are some of the major market participants.

ADT INC. - The company offers private security services that include Home Security Systems, Smart Security Cameras, Life Safety Alarms, and Life Safety Alarms.
Allied Universal - The company offers private security services that include Commercial Security Services which provide proactive security services and cutting-edge smart technology to deliver evolving, tailored solutions that allow clients to focus on their core business.
GardaWorld Security Corp. - The company offers private security services that include Physical Security, Security Consulting and Planning, Planning, Asset Tracking Solutions, and CCTV Surveillance and Electronic Response.
ISS AS - The company offers private security services that include Guarding and security awareness, Surveillance, and Security risk management. To know more about vendors Request a free sample report.

Private Security Services Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist private security services market growth during the next five years
Estimation of the private security services market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the private security services market
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

Related Reports:

Private Security Services Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.81%
Market growth 2022-2026	USD 56.33 billion
Market structure	Fragmented
YoY growth (%)	4.45
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 31%
Key consumer countries	US, China, India, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
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
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact 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.

Table Of Contents :

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

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