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Market Research Report

Private Security Services Market by Service, End-users, and Geography - Global Forecast and Analysis 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 913027
Published Content info 157 Pages
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Private Security Services Market by Service, End-users, and Geography - Global Forecast and Analysis 2019-2023
Published: September 25, 2019 Content info: 157 Pages
Description

About this market

Private security services are security-related services provided by private organizations and individuals. Technavio's private security services market analysis considers sales from industrial, residential, financial institutions, and other end-user segments. Our analysis also considers the sales of private security services in APAC, Europe, North America, South America, and MEA. In 2018, the industrial segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the strict enforcement of regulations and the increasing demand for skilled security personnel will play a significant role in the industrial segment to maintain its market position. Also, our global private security services market report looks at factors such as rapid urbanization, concerns about terrorism and crime, and the low ratio of police officers-to-population. However, shortage of private security personnel, issues related to weapon licensing due to use of untrained security personnel, and presence of complex laws that govern private security services may hamper the growth of the private security services industry over the forecast period.

Overview

Concerns about terrorism and crime

Many businesses and residential complexes are adopting private security services with growing concerns about terrorism and crime. The population explosion in modern cities has exposed these cities to the threat of crime and terrorism. Hence, businesses, as well as commercial and residential complexes, are employing integrated security solutions, which involve manned guarding with advanced electronic security systems, to improve the safety of their premises. Thus, the growing concern about crime and terrorism will drive the expansion of the global private security services market at a CAGR of over 5% during the forecast period.

Popularity of virtual security systems

The advent of innovative digital video systems and security camera products has made electronic security systems more efficient and reliable for surveillance. Virtual security systems consist of security cameras connected to networks via the internet. They are digital remote monitoring systems and are extensively used in various premises including government institutions, parking lot, retail, hotel, and construction. The increasing cost of manned guarding will further boost the demand for virtual security systems, especially from small businesses for deterring and reducing criminal activities. They are n cost-effective and their adoption is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global private security services market during the forecast period 2019-2023, view our report.

Competitive Landscape

With the presence of several major players, the global private security services market is moderately fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading private security services manufacturers, that include Allied Universal, G4S Plc, GardaWorld Corp., ISS AS, Loomis AB, Prosegur Compania de Seguridad SA, SECOM Plc, Securitas AB, Security and Intelligence Services (India) Ltd., and The Brink's Co.

Also, the private security services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR32100

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY SERVICE

  • Market segmentation by service
  • Comparison by service
  • Manned guarding - Market size and forecast 2018-2023
  • Electronic security services - Market size and forecast 2018-2023
  • Cash services - Market size and forecast 2018-2023
  • Market opportunity by service

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Industrial - Market size and forecast 2018-2023
  • Residential - Market size and forecast 2018-2023
  • Financial institutions - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023

Key leading countries

  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Popularity of virtual security systems
  • Popularity of integrated security solutions
  • Increasing number of women security guards

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Allied Universal
  • G4S Plc
  • GardaWorld Corp.
  • ISS AS
  • Loomis AB
  • Prosegur Compania de Seguridad SA
  • SECOM Plc
  • Securitas AB
  • Security and Intelligence Services (India) Ltd.
  • The Brink's Co.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

LIST OF EXHIBITS:

  • Exhibit 01: Vendor: Key offerings
  • Exhibit 02: Global facilities management market
  • Exhibit 03: Segments of global facilities management market
  • Exhibit 04: Market characteristics
  • Exhibit 05: Market segments
  • Exhibit 06: Market definition - Inclusions and exclusions checklist
  • Exhibit 07: Market size 2018
  • Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
  • Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 10: Five forces analysis 2018
  • Exhibit 11: Five forces analysis 2023
  • Exhibit 12: Bargaining power of buyers
  • Exhibit 13: Bargaining power of suppliers
  • Exhibit 14: Threat of new entrants
  • Exhibit 15: Threat of substitutes
  • Exhibit 16: Threat of rivalry
  • Exhibit 17: Market condition - Five forces 2018
  • Exhibit 18: Service - Market share 2018-2023 (%)
  • Exhibit 19: Comparison by service
  • Exhibit 20: Manned guarding - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 21: Manned guarding - Year-over-year growth 2019-2023 (%)
  • Exhibit 22: Electronic security services - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 23: Electronic security services - Year-over-year growth 2019-2023 (%)
  • Exhibit 24: Cash services - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 25: Cash services - Year-over-year growth 2019-2023 (%)
  • Exhibit 26: Market opportunity by service
  • Exhibit 27: Customer landscape
  • Exhibit 28: End-user - Market share 2018-2023 (%)
  • Exhibit 29: Comparison by end-user
  • Exhibit 30: Industrial - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 31: Industrial - Year-over-year growth 2019-2023 (%)
  • Exhibit 32: Residential - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 33: Residential - Year-over-year growth 2019-2023 (%)
  • Exhibit 34: Financial institutions - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 35: Financial institutions - Year-over-year growth 2019-2023 (%)
  • Exhibit 36: Others - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 37: Others - Year-over-year growth 2019-2023 (%)
  • Exhibit 38: Market opportunity by end-user
  • Exhibit 39: Market share by geography 2018-2023 (%)
  • Exhibit 40: Geographic comparison
  • Exhibit 41: APAC - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 42: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 43: North America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 44: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 45: Europe - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 46: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 47: South America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 48: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 49: MEA - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 50: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 51: Key leading countries
  • Exhibit 52: Market opportunity
  • Exhibit 53: Impact of drivers and challenges
  • Exhibit 54: Vendor landscape
  • Exhibit 55: Landscape disruption
  • Exhibit 56: Vendors covered
  • Exhibit 57: Vendor classification
  • Exhibit 58: Market positioning of vendors
  • Exhibit 59: Allied Universal - Vendor overview
  • Exhibit 60: Allied Universal - Business segments
  • Exhibit 61: Allied Universal - Organizational developments
  • Exhibit 62: Allied Universal - Key offerings
  • Exhibit 63: G4S Plc - Vendor overview
  • Exhibit 64: G4S Plc - Business segments
  • Exhibit 65: G4S Plc - Organizational developments
  • Exhibit 66: G4S Plc - Geographic focus
  • Exhibit 67: G4S Plc - Segment focus
  • Exhibit 68: G4S Plc - Key offerings
  • Exhibit 69: GardaWorld Corp. - Vendor overview
  • Exhibit 70: GardaWorld Corp. - Service segments
  • Exhibit 71: GardaWorld Corp. - Organizational developments
  • Exhibit 72: GardaWorld Corp. - Key offerings
  • Exhibit 73: ISS AS - Vendor overview
  • Exhibit 74: ISS AS - Service segments
  • Exhibit 75: ISS AS - Organizational developments
  • Exhibit 76: ISS AS - Geographic focus
  • Exhibit 77: ISS AS - Key offerings
  • Exhibit 78: Loomis AB - Vendor overview
  • Exhibit 79: Loomis AB - Business segments
  • Exhibit 80: Loomis AB - Organizational developments
  • Exhibit 81: Loomis AB - Geographic focus
  • Exhibit 82: Loomis AB - Segment focus
  • Exhibit 83: Loomis AB - Key offerings
  • Exhibit 84: Prosegur Compania de Seguridad SA - Vendor overview
  • Exhibit 85: Prosegur Compania de Seguridad SA - Business segments
  • Exhibit 86: Prosegur Compania de Seguridad SA - Organizational developments
  • Exhibit 87: Prosegur Compania de Seguridad SA - Geographic focus
  • Exhibit 88: Prosegur Compania de Seguridad SA - Segment focus
  • Exhibit 89: Prosegur Compania de Seguridad SA - Key offerings
  • Exhibit 90: SECOM Plc - Vendor overview
  • Exhibit 91: SECOM Plc - Service segments
  • Exhibit 92: SECOM Plc - Organizational developments
  • Exhibit 93: SECOM Plc - Key offerings
  • Exhibit 94: Securitas AB - Vendor overview
  • Exhibit 95: Securitas AB - Business segments
  • Exhibit 96: Securitas AB - Organizational developments
  • Exhibit 97: Securitas AB - Geographic focus
  • Exhibit 98: Securitas AB - Segment focus
  • Exhibit 99: Securitas AB - Key offerings
  • Exhibit 100: Security and Intelligence Services (India) Ltd. - Vendor overview
  • Exhibit 101: Security and Intelligence Services (India) Ltd. - Business segments
  • Exhibit 102: Security and Intelligence Services (India) Ltd. - Geographic focus
  • Exhibit 103: Security and Intelligence Services (India) Ltd. - Segment focus
  • Exhibit 104: Security and Intelligence Services (India) Ltd. - Key offerings
  • Exhibit 105: The Brink's Co. - Vendor overview
  • Exhibit 106: The Brink's Co. - Business segments
  • Exhibit 107: The Brink's Co. - Organizational developments
  • Exhibit 108: The Brink's Co. - Geographic focus
  • Exhibit 109: The Brink's Co. - Segment focus
  • Exhibit 110: The Brink's Co. - Key offerings
  • Exhibit 111: Validation techniques employed for market sizing
  • Exhibit 112: Definition of market positioning of vendors
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