Global Private Security Service Market Size, Status and Forecast 2019-2025

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The global private security services industry is estimated to be US$ 199.707 billion in 2018 and is expected to grow at a CAGR of 4.01% to reach US$ 273.621 billion by 2025.

This report focuses on the global Private Security Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Private Security Service development in United States, Europe, China, Japan, Southeast Asia, India, Central & South America and Other Regions

The key players covered in this study
Securitas AB
Secom
G4S
Allied Universal
Prosegur
ADT
Brinks
Garda
Loomisba
SIS
ISS
ICTS Europe
Beijing Baoan
OCS Group
Transguard
Andrews International
TOPSGRUP

Market segment by Type, the product can be split into
Guard Services
Alarm Monitoring
Armored Transport
Private Investigation
Others

Market segment by Application, split into
Commercial & Industrial
Government & Institutional
Residential

The industry is expected to witness robust growth driven by sustained security threat perception and increase in labor wages according to statutory guidelines. Procurement and retention of quality manpower is the key challenge facing the industry. Manpower procurement and retention is expected to get tough with increase in alternate employment opportunities and rapid rise in manpower requirement to support the industry’s growth.

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Other Regions

Frequently Asked Questions

What is the scope of the report?

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

What are the key segments in the market?

By product type
By End User/Applications
By Technology
By Region

Which market dynamics affect the business?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.