Authored By: Sarah
07 Feb 2022

Private Security Services Market Growth Analysis | Rapid urbanization to Drive the Growth

Trends, Drivers and Vendor Forecasts for 2021-2025

Accelerating at a CAGR of 14%, the private security services market is expected to post an incremental growth of $ 53.58 billion over the next five years. ADT Inc., Allied Universal, GardaWorld Security Corp., ISS AS, Loomis AB, Monitronics International Inc., Prosegur Compania de Seguridad SA, SECOM Plc, Securitas AB, and SIS Group are among the key market players.

The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


Rely on our business insights to implement a COVID-19 Recovery Plan: Request for Free Sample Report


Private Security Services Market: Market Segments and Key Trends

The Private security services market is segmented by End-user (industrial, residential, financial institutions, and others), Service (manned guarding, electronic security services, and cash services), and Geography (North America, Europe, APAC, South America, and MEA).

Europe led the market with 30% of the market growth set to originate from this region during the forecast period. European countries such as France and the UK have been witnessing a rise in the terror threats from various terror groups. Europe has witnessed the largest number of right-wing attacks in the last two decades. Such factors will facilitate the demand for private security services market in Europe over the forecast period. Shortage of private security personnel is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Private Security Services Market: Top Drivers to Boost Demand

Rapid urbanization is one of the primary factors driving the growth of the private security services market. Rise in urban population has led to an increase in the construction of residential and commercial complexes in urban areas, which will necessitate the need for private security services. Emerging economies such as India, China, and Nigeria will contribute significantly to the growth of the urban population between 2020 and 2050. The growth of the urban population will also necessitate the need for advanced security measures in cities to curb criminal activities.

The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Private Security Services Market to Grow by grow by $ 53.58 Billion till 2025 | Trends, Drivers and Leading Vendors

Key Focus Areas in Our Reports:

  • Market segments
  • Comparison by Product
  • Filleting and skinning equipment - Market size and forecast 2020-2025
  • De-heading and gutting equipment - Market size and forecast 2020-2025
  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • ADT Inc.
  • Allied Universal
  • GardaWorld Security Corp.
  • ISS AS
  • Loomis AB
  • Monitronics International Inc.
  • Prosegur Compania de Seguridad SA
  • SECOM Plc
  • Securitas AB
  • SIS Group

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 4.71%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 53.58 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Rapid urbanization will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    30% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are ADT Inc., Allied Universal, GardaWorld Security Corp., ISS AS, Loomis AB, Monitronics International Inc., Prosegur Compania de Seguridad SA, SECOM Plc, Securitas AB, and SIS Group

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (industrial, residential, financial institutions, and others), Service (manned guarding, electronic security services, and cash services), and Geography (North America, Europe, APAC, South America, and MEA)
Read News Read Less
Interested in this report?
Get your sample now!
Technavio