Global Private Security Services Market Opportunities and Forecast 2023-2030

  •   DLR2712
  •   August, 2021
  •   Pages: 120
  •  Global
Private Security Services Market Overview

The Private Security Services market is projected to witness significant growth during the forecast period. Rising concerns about terrorism and crime will be a significant factor in driving the growth of the private security services market.

Furthermore, various Govt initiatives in support of private security services are offering significant growth opportunities in the global Private Security Services market during the forecast period.

However, the Shortage of private security personnel, issues related to weapon licensing due to use of untrained security personnel are likely to affect the growth of this market during the forecast period.

Covid-19 Impact on Private Security Services Market:

Like many other industries, COVID-19 badly knocked the electronic and semiconductor industry. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the growth of the overall sector. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.

Private Security Services Market Segment Overview

On the basis of type, the global Private Security Services market is segmented into Guard Services, Alarm Monitoring, Armored Transport, Private Investigation, and Others. The Guard Services segment is expected to account for maximum market share in 2019. This segment is also projected to grow at the highest CAGR during the forecast period. Guards are used to ensure countless forms of security in a wide range of environments.

On the basis of application, the global Private Security Services market is segmented into Commercial and Industrial, Government and Institutional and Residential. The Commercial and Industrial segment is expected to account for maximum market share in 2019. Many profit-driven businesses, including banks and other financial service providers, as well as companies within the farming, construction, production and mining sectors are included in the commercial and industrial industry, Hence holds the highest market share among other segments.

Market Analysis, Insights and Forecast – By Type

·       Guard Services
·       Alarm Monitoring
·       Armored Transport
·       Private Investigation
·       Others

Market Analysis, Insights, and Forecast – By Application

·       Commercial and Industrial
·       Government and Institutional
·       Residential

Private Security Services Market Regional Overview

The regional analysis includes the adoption of Private Security Services products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA). North America accounted for largest market share in 2020, in the Private Security Services market. The US is the most lucrative market in North America driving the demand for global Private Security Services market growth. Factors such as growing focus on home and building security, increasing number of thefts, and growing investments in the field of security are largely contributing to the growth of Private Security Services market in North American region. Asia Pacific is also projected to be the fastest growing Private Security Services market Factors such as the fast-growing urban centers and increasing population, among other factor.

Private Security Services Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Private Security Services Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Private Security Services are highlighted below.

·       In August 2021, Allied Universal Acquires G4S plc; Creating A Global Integrated Security Services Leader.

Private Security Services Market, Key Players

·       Allied Universal
·       SECOM CO., LTD.
·       Prosegur
·       Brink’s Home Security
·       GardaWorld
·       ADT
·       ICTS Europe S.A.
·       OCS Group
·       Loomis
·       Transguard Group

Private Security Services Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Private Security Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Type
        • 5.2.1. Guard Services
        • 5.2.2. Alarm Monitoring
        • 5.2.3. Armored Transport
        • 5.2.4. Private Investigation
        • 5.2.5. Others
      • 5.3. Market Analysis, Insights, and Forecast – By Application
        • 5.3.1. Commercial and Industrial
        • 5.3.2. Government and Institutional
        • 5.3.3. Residential
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East, and Africa

      6. North America Private Security Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Type
        • 6.2.1. Guard Services
        • 6.2.2. Alarm Monitoring
        • 6.2.3. Armored Transport
        • 6.2.4. Private Investigation
        • 6.2.5. Others
      • 6.3. Market Analysis, Insights, and Forecast – By Application
        • 6.3.1. Commercial and Industrial
        • 6.3.2. Government and Institutional
        • 6.3.3. Residential
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Private Security Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Type
        • 7.2.1. Guard Services
        • 7.2.2. Alarm Monitoring
        • 7.2.3. Armored Transport
        • 7.2.4. Private Investigation
        • 7.2.5. Others
      • 7.3. Market Analysis, Insights, and Forecast – By Application
        • 7.3.1. Commercial and Industrial
        • 7.3.2. Government and Institutional
        • 7.3.3. Residential
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Private Security Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Type
        • 8.2.1. Guard Services
        • 8.2.2. Alarm Monitoring
        • 8.2.3. Armored Transport
        • 8.2.4. Private Investigation
        • 8.2.5. Others
      • 8.3. Market Analysis, Insights, and Forecast – By Application
        • 8.3.1. Commercial and Industrial
        • 8.3.2. Government and Institutional
        • 8.3.3. Residential
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Private Security Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Type
        • 9.2.1. Guard Services
        • 9.2.2. Alarm Monitoring
        • 9.2.3. Armored Transport
        • 9.2.4. Private Investigation
        • 9.2.5. Others
      • 9.3. Market Analysis, Insights, and Forecast – By Application
        • 9.3.1. Commercial and Industrial
        • 9.3.2. Government and Institutional
        • 9.3.3. Residential
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2020
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Allied Universal
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. SECOM CO., LTD.
      • 10.6. Prosegur
      • 10.7. Brink’s Home Security
      • 10.8. GardaWorld
      • 10.9. ADT
      • 10.10. ICTS Europe S.A.
      • 10.11. OCS Group
      • 10.12. Loomis

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      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model