Market Overview:
The global secure outsourcing services market is expected to grow from USD 9.5 billion in 2018 to USD 17.8 billion by 2030, at a CAGR of 7.6% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for security solutions across different industry verticals and the rising need for managed security services among small and medium-sized businesses (SMBs). However, lack of awareness about secure outsourcing services among end users is a major restraining factor for the growth of this market. Based on type, the global secure outsourcing services market has been segmented into service and equipment. The service segment is expected to hold a larger share than the equipment segment during the forecast period.
Product Definition:
Secure Outsourcing Services refers to the process of outsourcing certain business functions or operations to a third-party service provider that is deemed reliable and trustworthy. The importance of Secure Outsourcing Services lies in the fact that it can help businesses reduce costs, improve efficiency, and focus on their core competencies. Additionally, Secure Outsourcing Services can help businesses mitigate risk by ensuring that critical data and systems are protected against unauthorized access or theft.
Service:
Service is a process that involves offering to perform certain tasks for another person or company. The service may be in the form of professional services such as consulting, designing, programming, testing or business services such as data processing and database design. Service has been an important part of the IT industry since its inception and continues to remain so even today with new technologies emerging constantly. Outsourcing service is when companies outsource their core competencies i.e.
Equipment:
Equipment is used in secure outsourcing services to provide physical access control, monitoring and reporting functionality. It helps monitor the workforce, equipment and facility locations in real-time along with providing a history of past events.
The market for secure outsourcing services has been witnessing significant growth over the last few years on account of rising demand from various end-use industries including BFSI, healthcare & life sciences and IT & telecom among others.
Application Insights:
The commercial buildings segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for IT & Telecom, BFSI, retail and healthcare services across the globe. The industrial buildings segment is also estimated to witness significant growth owing to growing demand from manufacturing sectors such as oil & gas, pharmaceuticals, chemicals and food processing across various regions including North America and Europe.
The Asia Pacific region has been witnessing tremendous growth in recent years on account of rapid urbanization along with rising middle-class population that requires better housing facilities coupled with improved living standards which will drive industry expansion over the forecast period.
Regional Analysis:
The European region dominated the market in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. This growth can be attributed to the increasing outsourcing activities in various countries such as Germany, U.K., France, Italy, and Spain among others. The growing number of service providers along with their rising investments for improving customer experience are driving the regional market growth.
Asia Pacific is projected to emerge as one of the fastest-growing regions during the forecast period owing to several factors such as economic development and industrialization leading toward improved infrastructure facilities that have led toward increased adoption of technology across various industries thereby fueling industry expansion opportunities for global players operating within it areas like security & monitoring systems installation/service; access control systems installation/service; fire alarm & detection system installation/service; CCTV camera installations) etc.
Growth Factors:
- Increased demand for secure outsourcing services from small and medium-sized businesses (SMBs) due to the growing complexity of IT infrastructure and security threats
- Rapid adoption of cloud-based services by organizations, which is resulting in an increased need for secure outsourcing services
- The increasing trend of BYOD (Bring Your Own Device) among employees, which is leading to an increase in data breaches and cyber attacks
- Growing concerns about data privacy and protection among customers, who are increasingly opting for secure outsourcing services
- The increasing number of government regulations mandating the use of certain types of security controls, which is driving demand for secure outsourcing services
Scope Of The Report
Report Attributes
Report Details
Report Title
Secure Outsourcing Services Market Research Report
By Type
Service, Equipment
By Application
Commercial Buildings, Industrial Buildings, Residential Buildings
By Companies
G4S, Securitas, Allied Universal, US Security Associates, SIS, TOPSGRUP, Beijing Baoan, OCS Group, ICTS Europe, Transguard, Andrews International, Control Risks, Covenant, China Security & Protection Group, Axis Security, DWSS
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Secure Outsourcing Services Market Report Segments:
The global Secure Outsourcing Services market is segmented on the basis of:
Types
Service, Equipment
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 Buildings, Industrial Buildings, Residential Buildings
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:
- G4S
- Securitas
- Allied Universal
- US Security Associates
- SIS
- TOPSGRUP
- Beijing Baoan
- OCS Group
- ICTS Europe
- Transguard
- Andrews International
- Control Risks
- Covenant
- China Security & Protection Group
- Axis Security
- DWSS
Highlights of The Secure Outsourcing Services 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:
- Service
- Equipment
- By Application:
- Commercial Buildings
- Industrial Buildings
- Residential Buildings
- 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 Secure Outsourcing Services 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Secure outsourcing services are a type of outsourced service that provide security for organizations. These services can help protect an organization's data, systems, and networks from cyberattacks. They can also help ensure the safety of employees who use the organization's resources online.
Some of the major players in the secure outsourcing services market are G4S, Securitas, Allied Universal, US Security Associates, SIS, TOPSGRUP, Beijing Baoan, OCS Group, ICTS Europe, Transguard, Andrews International, Control Risks, Covenant, China Security & Protection Group, Axis Security, DWSS.
The secure outsourcing services market is expected to register a CAGR of 7.6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Secure Outsourcing Services 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 Secure Outsourcing Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Secure Outsourcing Services 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 Secure Outsourcing Services 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 Secure Outsourcing Services Market Size & Forecast, 2018-2028
4.5.1 Secure Outsourcing Services Market Size and Y-o-Y Growth
4.5.2 Secure Outsourcing Services Market Absolute $ Opportunity
Chapter 5 Global Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Type
5.2.1 Service
5.2.2 Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Applications
6.2.1 Commercial Buildings
6.2.2 Industrial Buildings
6.2.3 Residential Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Secure Outsourcing Services 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 Secure Outsourcing Services 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 Secure Outsourcing Services Analysis and Forecast
9.1 Introduction
9.2 North America Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Type
9.6.1 Service
9.6.2 Equipment
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 Secure Outsourcing Services Market Size Forecast by Applications
9.10.1 Commercial Buildings
9.10.2 Industrial Buildings
9.10.3 Residential Buildings
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 Secure Outsourcing Services Analysis and Forecast
10.1 Introduction
10.2 Europe Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Type
10.6.1 Service
10.6.2 Equipment
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 Secure Outsourcing Services Market Size Forecast by Applications
10.10.1 Commercial Buildings
10.10.2 Industrial Buildings
10.10.3 Residential Buildings
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 Secure Outsourcing Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Type
11.6.1 Service
11.6.2 Equipment
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 Secure Outsourcing Services Market Size Forecast by Applications
11.10.1 Commercial Buildings
11.10.2 Industrial Buildings
11.10.3 Residential Buildings
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 Secure Outsourcing Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Secure Outsourcing Services 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 Secure Outsourcing Services Market Size Forecast by Type
12.6.1 Service
12.6.2 Equipment
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 Secure Outsourcing Services Market Size Forecast by Applications
12.10.1 Commercial Buildings
12.10.2 Industrial Buildings
12.10.3 Residential Buildings
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) Secure Outsourcing Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Secure Outsourcing Services 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) Secure Outsourcing Services Market Size Forecast by Type
13.6.1 Service
13.6.2 Equipment
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) Secure Outsourcing Services Market Size Forecast by Applications
13.10.1 Commercial Buildings
13.10.2 Industrial Buildings
13.10.3 Residential Buildings
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 Secure Outsourcing Services Market: Competitive Dashboard
14.2 Global Secure Outsourcing Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 G4S
14.3.2 Securitas
14.3.3 Allied Universal
14.3.4 US Security Associates
14.3.5 SIS
14.3.6 TOPSGRUP
14.3.7 Beijing Baoan
14.3.8 OCS Group
14.3.9 ICTS Europe
14.3.10 Transguard
14.3.11 Andrews International
14.3.12 Control Risks
14.3.13 Covenant
14.3.14 China Security & Protection Group
14.3.15 Axis Security
14.3.16 DWSS
