Manned Guarding Services Market

Manned Guarding Services Market Research Report - Global Forecast till 2025
Manned Guarding Services
Market Research Report Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Manned Guarding Services Market Research Report - Global Forecast till 2025
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Copyright © 2017 Market Research Future.
Manned Guarding Services Market Research Report - Global Forecast till 2025
MRFR estimates that the Global Manned Guarding Services Market is projected to reach USD 7,190.2 million by 2023,
registering 6.44% CAGR during the assessment period (2018-2023).
The Global Manned Guarding Services Market is projected to garner exponential accruals and prominence
over the review period due to the increasing terrorist activities and threats worldwide, states Market Research
Future (MRFR) in its recently published study report.
Technological advancements in weapons and the rising demand for effective technology-based products is
anticipated to boost the market size of manned guarding services market. Additional factors boosting the
market growth include the increasing demand for tough security measures at borders near nations.
The market for manned guarding services grew with the IT revolutions. The technological advancements are
contributing to the development of cost-effective security systems which boosts the manned guarding
services market.
These have given rise to the security services and demand for private security services from CCTV monitoring
to proximity bodyguarding is on the rise. Furthermore, ever-increasing population worldwide, rapid
urbanization, industrialization, and improving economic conditions are some of the key factors substantiating
the market growth.
On the other hand, the combination of logical and physical components of security is a challenge faced by the
manned guarding services market. Nevertheless, the integration of high-end equipment such as CCTV
cameras with skilled technicians, and the growing gated communities are some of the factors expected to
support market growth during the forecasted period.
The North American region dominates the global manned guarding services market with the significant
market share. Presence of well-established market players coupled with the large technological
advancements and its uptake are some of the key factors driving the regional market growth. Moreover, the
government initiatives against the terrorist attacks and illegal immigration are driving the market of manned
guarding services in North America.
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Manned Guarding Services Market Research Report - Global Forecast till 2025
The European and Asia Pacific region accounts for the second & third-largest market respectively in the
global manned guarding services market. Driven by the increasing terrorism and trespassing cases generate
the huge demand for manned guarding services in the APAC region. Some of the Asian countries like China,
Japan, and South Korea have a fair share in the manned guarding services market.
MRFR has segmented the analysis into three key dynamics; for better understanding: By Type: Equipment and Services.
By End-user: Industrial, Commercial, and Residential.
By Region: Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Fervent players driving the manned guarding services market include Transguard Group, China Security &
Protection Group Co. Ltd., SIS International S.R.L, G4S plc, OCS Group Ltd., Axis Group Integrated Services
Ltd., Andrews International Inc., ICTS Europe S.A., Securitas AB, U.S. Security Associates Inc., Tops Security
Limited, and Allied Universal.
November 02, 2018 – Per Mar Security Services (US), a leading provider of manned guarding services, home
security and business security solutions announced the acquisition of ABC Fire & Burglar Co. (US), a larger
locally owned security company operating through the New Orleans metropolitan area to further expand its
commercial and residential security services and customer base in Northwest Indiana.
October 09, 2018 – Mitie Group PLC (UK), a facility management company announced the acquisition of
Vision Security Group (UK), a security services provider offering integrated systems, manned guarding and
key holding services for 14 MN UK£. This acquisition gives Mitie the leadership position they have been
seeking to maximize value from their technology-led solutions.
November 15, 2018 – Corps Security (UK), a well-established specialist security services provider announced
appointing SmartTask, a technology company as its partner as part of a business improvement initiatives
designed to enhance contract delivery and increase operational compliances. The firm will implement an
advanced patrol monitoring and electronic DOB solutions across the customer sites to gain added control
and visibility over its manned guarding and mobile security operations.
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Manned Guarding Services Market Research Report - Global Forecast till 2025
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Global Manned Guarding Services Market Research Report: Information by Type (Equipment and Service), End User (Industrial Buildings, Commercial Buildings and Residential Buildings) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2025