Global Manned Guarding Services Market Market Analysis, Trends and Insights 2025
Summary - A new market study, titled “Global Manned Guarding Services Market Research Report - Forecast to 2025 ” has been featured on WiseGuyReports.
Introduction
Manned guarding services refers to the service
offered by trained security personnel. It includes patrolling on the building
premises to avoid unauthorized entry or occupation, monitoring of assets
against damage and theft, and guarding people against any negative consequence
due to the unlawful conduct of others. Manned guarding is the largest part of
the security services industry and the manned guarding sector is getting more
organized every day. Integrated guarding solutions is the key trend observed in
this sector. In this report, the manned guarding services market market size
covers the market value of the services
offered by trained security personnel to ensure safety as well
as the market value of equipment that aids in providing these services. There
is a huge demand for guarding personnel in industrial, commercial, and
residential buildings. The market is highly organized and well regulated in
developed countries, such as the U.S and the U.K. In developing countries, such
as China and India, the market is highly fragmented and comprises various key
players operating at regional levels. The global manned guarding services
market is mainly driven by growing urban population and consequent asset
creation. Furthermore, increasing transition of people to living in secure
apartments and gated communities, owing to the rising crime rates also
positively imopacts the market growth. Meanwhile, rise of automated security
systems hinders the market growth to a certain extent. However, factors such as
development of training centres for security personnel and low police per
capita, especially in developing countries such as China and India;offers
promising growth opportunities for the market.
Regional Analysis
The global manned guarding services market is estimated to witness a CAGR of
6.44% during the forecast period. In 2017, the market was led by the U.S., with
a 27.42% share, followed by European countries and China, with shares of 24.19%
and 15.41%, respectively. Asia Pacific is the fastest growing region for manned
guarding services market. The major companies will be looking forward to
expanding their services in this region. Meanwhile, compared to the large
population and rapid economic growth, police per capita in most of the
countries in this region is less compared to the global average. Moreover, Asia
Pacific region lack in the basic manned guarding services facilities, such as
skilled employees, latest technological security equipment, and organization
structure. The major companies will be enhancing their business in the Asia
Pacific region during the forecast period. Meanwhile, the U.S. is the largest
market for manned guarding services. The presence of a large number of urban
centers and industrial infrastructure, the prevalence of crime, and the threat
of terrorism have resulted in the growing demand for guarding services in the
U.S. Private security services are mainly being preferred for tasks consisting
of protecting high-profile individuals and transfering high-value consignments.
Furthermore, the country houses some of the leading security agencies, such as
U.S. Security Associates, Allied Universal, and Andrews International Inc.
Key Players
Securitas AB (Sweden), U.S. Security Associates, Inc. (U.S.), Tops Security
Limited (India), OCS Group Limited (U.K.), Transguard Group (UAE), China
Security & Protection Group Co. Ltd. (China), G4S plc (U.K), Allied
Universal (U.S.), Security & Intelligence Services Ltd. (India), ICTS
Europe S.A. (France), Andrews International Inc. (U.S.), Covenant Services
Worldwide, LLC (U.S.), and Axis Group Integrated Services Ltd. (U.K) are some
of the key players profiled in this report The manned guarding services market
is highly fragmented with top five players, namely G4S plc, Securitas AB, OCS
Group Limited, Transguard Group, and U.S. Security Associates, Inc., accounting
for approximately 30% of the global market size.
Objective of the Global Manned Guarding Services Market Report –
Forecast to 2025
• To provide insights into factors influencing the market growth
• To provide historical and forecast revenue of the market segments and
sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on
type, end-user, and region
• To provide strategic profiling of key players in the market, comprehensively
analyzing their market share, core competencies, and drawing a competitive
landscape for the market
Target Audience
• Manufacturers of security equipment
• High profile individuals
• Residential building associations
• Commercial building owners
• Banks
Key Findings
• The global manned guarding services market in this report has been segmented
on the basis of type into two, namely equipment and service. The equipment
segment market is projected to register the highest CAGR of 6.98% during the
forecast period.
• The global manned guarding services market has been segmented, by end-user,
into industrial buildings, commercial buildings, and residential buildings. The
commercial buildings segment market is projected to register the highest CAGR
of 6.66% during the forecast period.
• Asia Pacific would dominate the manned guarding services market by 2025. It
is expected to register a CAGR of 6.61% during the forecast period. It is expected
to reach a market size of USD 2,512.1 million by 2025.
The regional analysis also includes:
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K
o France
o Italy
o Rest of Europe
• Rest of the World
o Middle East
FOR MORE
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