Market Overview:
The global non-public security service market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for security services from commercial & industrial, government & institutional, and residential applications. Additionally, the increasing adoption of advanced security technologies such as video surveillance and access control systems is also contributing to the growth of the market. However, lack of awareness about private security services among end users is restraining the growth of this market. The guard services segment accounted for the largest share in 2017 and is projected to grow at a CAGR of 7.8% during the forecast period. This segment includes manned guarding services that provide physical protection against theft, vandalism, or other illegal activities in commercial & industrial premises as well as government institutions and residences. The alarm monitoring segment accounted for second largest share in 2017 and it projected grow at a CAGR 8%.
Product Definition:
Non-public Security Service is a service that provides security to individuals, businesses, and other organizations. It can be used to protect people and property from crime, terrorism, and other threats.
Guard Services:
Guard services are the protective services provided to protect a person, property or assets from criminal activity or damage. The global market for guard services is expected to witness significant growth over the forecast period owing to rise in demand for private security and safety across various industry verticals such as retail, hospitality, healthcare & life sciences and industrial manufacturing. Moreover, increasing incidences of corporate crimes coupled with rising awareness regarding personal safety at workplace is also anticipated to drive the market growth over the next seven years.
Alarm Monitoring:
Alarm monitoring is a service that monitors activated alarms and notifies the user via SMS or phone call when the security alarm is triggered. It also provides information about the nature of the threat, e-mail or text message with details of events occurring around you.
Alarm Monitoring Service Market By Component (Hardware, Software & Services), By Application (Public Security Service, Non-public Security Service) And Segment Forecasts To 2022 -> The global alarm monitoring.
Application Insights:
The commercial & industrial segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing demand for security services from companies operating globally. Companies operating in highly competitive markets, where there is a high risk of theft, break-ins or cyberattacks, are likely to turn towards private security firms rather than relying on government agencies or self-defending systems.
The residential segment is expected to witness considerable growth over the forecast period owing to rising awareness about safety among consumers and an increase in their disposable income levels across various regions of the world including North America and Europe. Consumers are also increasingly demanding home monitoring solutions with features such as video door phones with face recognition technology that allow them access videos recorded by cameras at a moments notice without havingto enter passwords or PINs.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to various factors such as increasing crime rate, terrorist attacks, and natural calamities. In addition, stringent government regulations for private security services are also expected to drive the demand for these services in North America over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and growing population across countries such as India and China. Moreover, rising cases of crime against women are also driving demand for female private security service providers across this region which will further boost industry expansion over this period.
Growth Factors:
- Increasing demand for security services from small and medium businesses (SMBs) due to the increasing number of cyber-attacks.
- Proliferation of cloud-based security solutions that make it easier for businesses to outsource their security needs.
- The increasing number of Bring Your Own Device (BYOD) policies in organizations, which has led to a rise in the need for mobile device management (MDM) solutions.
- The growing trend of Internet of Things (IoT), which is creating new opportunities for security vendors to provide innovative solutions that protect connected devices and networks from cyber threats.
- The increasing awareness among businesses about the importance of data protection, which has led to an increase in demand for data loss prevention (DLP) solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-public Security Service Market Research Report
By Type
Guard Services, Alarm Monitoring, Armored Transport, Private Investigation, Others
By Application
Commercial & Industrial, Government & Institutional, Residential
By Companies
Securitas AB, Secom, G4S, Allied Universal, Prosegur, ADT, Brinks, Garda, Loomisba, SIS, ISS, ICTS Europe, Beijing Baoan, OCS Group, Transguard, Andrews International, TOPSGRUP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Non-public Security Service Market Report Segments:
The global Non-public Security Service market is segmented on the basis of:
Types
Guard Services, Alarm Monitoring, Armored Transport, Private Investigation, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial & Industrial, Government & Institutional, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Securitas AB
- Secom
- G4S
- Allied Universal
- Prosegur
- ADT
- Brinks
- Garda
- Loomisba
- SIS
- ISS
- ICTS Europe
- Beijing Baoan
- OCS Group
- Transguard
- Andrews International
- TOPSGRUP
Highlights of The Non-public Security Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Guard Services
- Alarm Monitoring
- Armored Transport
- Private Investigation
- Others
- By Application:
- Commercial & Industrial
- Government & Institutional
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-public Security Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-public security service is a type of security service that provides protection for information that is not considered public. This could include information about the government, businesses, or individuals.
Some of the key players operating in the non-public security service market are Securitas AB, Secom, G4S, Allied Universal, Prosegur, ADT, Brinks, Garda, Loomisba, SIS, ISS, ICTS Europe, Beijing Baoan, OCS Group, Transguard, Andrews International, TOPSGRUP.
The non-public security service market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-public Security Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Non-public Security Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Non-public Security Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Non-public Security Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Non-public Security Service Market Size & Forecast, 2018-2028
4.5.1 Non-public Security Service Market Size and Y-o-Y Growth
4.5.2 Non-public Security Service Market Absolute $ Opportunity
Chapter 5 Global Non-public Security Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Non-public Security Service Market Size 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 Attractiveness Analysis by Type
Chapter 6 Global Non-public Security Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Non-public Security Service Market Size Forecast by Applications
6.2.1 Commercial & Industrial
6.2.2 Government & Institutional
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-public Security Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Non-public Security Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Non-public Security Service Analysis and Forecast
9.1 Introduction
9.2 North America Non-public Security Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Non-public Security Service Market Size Forecast by Type
9.6.1 Guard Services
9.6.2 Alarm Monitoring
9.6.3 Armored Transport
9.6.4 Private Investigation
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Non-public Security Service Market Size Forecast by Applications
9.10.1 Commercial & Industrial
9.10.2 Government & Institutional
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Non-public Security Service Analysis and Forecast
10.1 Introduction
10.2 Europe Non-public Security Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Non-public Security Service Market Size Forecast by Type
10.6.1 Guard Services
10.6.2 Alarm Monitoring
10.6.3 Armored Transport
10.6.4 Private Investigation
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Non-public Security Service Market Size Forecast by Applications
10.10.1 Commercial & Industrial
10.10.2 Government & Institutional
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Non-public Security Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Non-public Security Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Non-public Security Service Market Size Forecast by Type
11.6.1 Guard Services
11.6.2 Alarm Monitoring
11.6.3 Armored Transport
11.6.4 Private Investigation
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Non-public Security Service Market Size Forecast by Applications
11.10.1 Commercial & Industrial
11.10.2 Government & Institutional
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Non-public Security Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Non-public Security Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Non-public Security Service Market Size Forecast by Type
12.6.1 Guard Services
12.6.2 Alarm Monitoring
12.6.3 Armored Transport
12.6.4 Private Investigation
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Non-public Security Service Market Size Forecast by Applications
12.10.1 Commercial & Industrial
12.10.2 Government & Institutional
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Non-public Security Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Non-public Security Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Non-public Security Service Market Size Forecast by Type
13.6.1 Guard Services
13.6.2 Alarm Monitoring
13.6.3 Armored Transport
13.6.4 Private Investigation
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Non-public Security Service Market Size Forecast by Applications
13.10.1 Commercial & Industrial
13.10.2 Government & Institutional
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Non-public Security Service Market: Competitive Dashboard
14.2 Global Non-public Security Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Securitas AB
14.3.2 Secom
14.3.3 G4S
14.3.4 Allied Universal
14.3.5 Prosegur
14.3.6 ADT
14.3.7 Brinks
14.3.8 Garda
14.3.9 Loomisba
14.3.10 SIS
14.3.11 ISS
14.3.12 ICTS Europe
14.3.13 Beijing Baoan
14.3.14 OCS Group
14.3.15 Transguard
14.3.16 Andrews International
14.3.17 TOPSGRUP
