Executive Summary
The Global Security Services was valued at USD 240.18 Billion in the year 2020. Rapid urbanization is one of the key factors driving the demand of security services in the market. For instance, the strongest demand growth for suppliers of security system like alarm monitoring, fire safety, and building automation systems in the coming years will be driven by the rising standards of living in emerging market countries. Hence, an expanding middle class in urban areas with assets to protect and increased construction activity, particularly in the emerging economies, will boost the demand for security services. China and India are expected to be the fastest growing national markets for security services in the coming decade, while the US and Europe still make up a large proportion of the global security services market.
The global market of security services market has become increasingly technology driven over the past decade. Advances in technology especially electronics, computer hardware and software and sensors have completely changed the scenario of security services from physical to electronic security system. Moreover, with the advent of smart security devices and growing internet penetration, large number of consumers are now switching to smart security devices like smart locks, smart alarms, smart sensors etc. to get real time monitoring of the house and office premises. Devices and equipment inside premises can be directly paired with phones which then act as a remote control for easy set-up and one button alarm activation and also receiving notifications in the emergency situations. Thus, increasing usage of smartphones among the millennial is anticipated to drive the market in coming years.
Meanwhile, governments are also increasing spending capacity over public spaces and facilities, as a crime prevention measure and this will help surge the demand for security cameras. Increasing number of security breaches is also driving the Government for investment in video surveillance system. As governments and companies invest more in security networks, more surveillance cameras will be installed across the world in 2021. Security cameras used for surveillance would climb above 1 billion by the end of 2021 and this will represent a major increase from the 770 million security cameras installed today.
Scope of the Report
- The report presents the analysis of Cement market for the historical period of 2016-2020 and the forecast period of 2021-2026.
- The report analyses the Security Services Market by value (USD Billion).
- The report analyses the Security Services Market by Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Other Security Services).
- The report analyses the Security Services Market by End User (Residential, Commercial and Government).
- The Global Security Services Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA).
- The Global Security Services Market has been analysed By Country (United States, Canada, Germany, United Kingdom, France, China, India, Japan, Brazil, Israel).
- The key insights of the report have been presented through the frameworks of SWOT Analysis. Also, the attractiveness of the market has been presented by region, by Services Type and by End User.
- Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies and new product development. The companies analysed in the report include G4S, Prosegur, Brink, Securitas AB, ADT Corporation, Secom Co. Ltd, Securities and Intelligence Services, Johnson Controls, Seimens, Loomis
Key Target Audience
- Security Services Companies
- Cash Logistics Companies
- Consulting and Advisory Firms
- Government and Policy Makers
- Regulatory Authorities
Global Security Services Market (2021 Edition) - Analysis By Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Others), End User, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Security Services Market: An Overview
4. Global Security Services Market: An Analysis
4.1 Market Size, By Value, Year 2016-2026
4.2 Impact of COVID-19 on Security Services Market
4.3 Global Security Services Market: Growth & Forecast
5. Global Security Services Market Segmentation, By Services Type (Value)
5.1 Global Security Services Market: Segment Analysis
5.2 Competitive Scenario of Sceurity Services Market: By Services Type (2020 & 2026)
5.3 By Manned Guarding- Market Size and Forecast (2016-2026)
5.4 By Alarm Monitoring- Market Size and Forecast (2016-2026)
5.5 By Cash Logistics- Market Size and Forecast (2016-2026)
5.6 By Other Security Services- Market Size and Forecast (2016-2026)
6. Global Security Services Market Segmentation, By End User (Value)
6.1 Global Security Services Market: Segment Analysis
6.2 Competitive Scenario of Global Security Services Market: By End User (2020 & 2026)
6.3 By Residential- Market Size and Forecast (2016-2026)
6.4 By Commercial- Market Size and Forecast (2016-2026)
6.5 By Government- Market Size and Forecast (2016-2026)
7. Global Security Services Market: Regional Analysis
7.1 Competitive Scenario of Global Security Services Market: By Region (2020 & 2026)
8. North America Security Services Market: An Analysis (2016-2026)
8.1 North America Security Services Market by value: Size and Forecast (2016-2026)
8.2 North America Security Services Market: Prominent Companies
8.3 Market Segmentation By Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Other Security Services)
8.4 Market Segmentation By End User (Residential, Commercial, Government)
8.5 North America Security Services Market: Country Analysis
8.6 Market Opportunity Chart of North America Security Services Market - By Country, By Value (Year-2026)
8.7 Competitive Scenario of North America Security Services Market- By Country (2020 & 2026)
8.8 United States Security Services Market: Size and Forecast (2016-2026)
8.9 United States Security Services Market Segmentation By Services Type, By End User (2016-2026)
8.10 Canada Security Services Market: Size and Forecast (2016-2026)
8.11 Canada Security Services Market Segmentation By Services Type Type, By End User (2016-2026)
9. Europe Security Services Market: An Analysis (2016-2026)
9.1 Europe Security Services Market by value: Size and Forecast (2016-2026)
9.2 Europe Security Services Market: Prominent Companies
9.3 Market Segmentation By Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Other Security Services)
9.4 Market Segmentation By End User (Residential, Commercial, Government)
9.5 Europe Security Services Market: Country Analysis
9.6 Market Opportunity Chart of Europe Security Services Market - By Country, By Value (Year-2026)
9.7 Competitive Scenario of Europe Security Services Market- By Country (2020 & 2026)
9.8 Germany Security Services Market: Size and Forecast (2016-2026)
9.9 Germany Security Services Market Segmentation By Services Type, By End User (2016-2026)
9.10 United Kingdom Security Services Market: Size and Forecast (2016-2026)
9.11 United Kingdom Security Services Market Segmentation By Services Type, By End User (2016-2026)
9.12 France Security Services Market: Size and Forecast (2016-2026)
9.13 France Security Services Market Segmentation By Services Type, By End User (2016-2026)
10. Asia Pacific Security Services Market: An Analysis (2016-2026)
10.1 Asia Pacific Security Services Market by value: Size and Forecast (2016-2026)
10.2 Asia Pacific Security Services Market: Prominent Companies
10.3 Market Segmentation By Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Other Security Services)
10.4 Market Segmentation By End User (Residential, Commercial, Government)
10.5 Asia Pacific Security Services Market: Country Analysis
10.6 Market Opportunity Chart of Asia Pacific Security Services Market - By Country, By Value (Year-2026)
10.7 Competitive Scenario of Asia Pacific Security Services Market- By Country (2020 & 2026)
10.8 China Security Services Market: Size and Forecast (2016-2026)
10.9 China Security Services Market Segmentation By Services Type, By End User (2016-2026)
10.10 India Security Services Market: Size and Forecast (2016-2026)
10.11 India Security Services Market Segmentation By Services Type, By End User (2016-2026)
10.12 Japan Security Services Market: Size and Forecast (2016-2026)
10.13 Japan Security Services Market Segmentation By Services Type, By End User (2016-2026)
11. LAMEA Security Services Market: An Analysis (2016-2026)
11.1 LAMEA Security Services Market by value: Size and Forecast (2016-2026)
11.2 LAMEA Security Services Market: Prominent Companies
11.3 Market Segmentation By Services Type (Manned Guarding, Alarm Monitoring, Cash Logistics, Other Security Services)
11.4 Market Segmentation By End User (Residential, Commercial, Government)
11.5 LAMEA Security Services Market: Country Analysis
11.6 Market Opportunity Chart of LAMEA Security Services Market - By Country, By Value (Year-2026)
11.7 Competitive Scenario of LAMEA Security Services Market- By Country (2020 & 2026)
11.8 Brazil Security Services Market: Size and Forecast (2016-2026)
11.9 Brazil Security Services Market Segmentation By Services Type, By End User (2016-2026)
11.10 Israel Security Services Market: Size and Forecast (2016-2026)
11.11 Israel Security Services Market Segmentation By Services Type Type, By End User (2016-2026)
12. Global Security Services Market Dynamics
12.1 Global Security Services Market Drivers
12.2 Global Security Services Market Restraints
12.3 Global Security Services Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness Chart of Global Security Services Market - By Services Type (Year 2026)
13.2 Market Attractiveness Chart of Global Security Services Market - By End User (Year 2026)
13.3 Market Attractiveness Chart of Global Security Services Market - By Region (Year 2026)
14. Competitive Landscape
14.1 Market Share of leading global companies
14.2 Global major Security Services producers
14.3 SWOT Analysis- Global Security Services Market
14.4 Porter 's Five Force Analysis- Global Security Services Market
15. Global Security Services Market: Merger & Acquisitions
16. Company Profiles (Business Description, Financial Analysis, Business Strategy)
16.1 G4S
16.2 Prosegur
16.3 Brink
16.4 Securitas AB
16.5 ADT Corporation
16.6 Secom
16.7 Securities and Intelligence Services
16.8 Johnson Controls
16.9 Seimens
16.10 Loomis
List of Figures
Figure 1: Global Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 2: Global Urban Population (% of total), 2014-2018
Figure 3: Citizen to Police Ratio, 2020
Figure 4: Global Installed base of Security camera (Billions), 2018 & 2021
Figure 5: Global Average data generated by new surveillance cameras shipped, (Petabytes), 2014-19
Figure 6: Global IOT market share by subsector (%), 2019
Figure 7: Global Connected building automation device shipment (millions), (2017-2022E)
Figure 8: Top 10 Countries With The Highest Number Of ATMs Per Capita
Figure 9: Global Automated Teller Machine (ATMs), Per Thousand Adults, 2016-20
Figure 10: Global Security Services Market- By Services Type Market Share, 2020 & 2026
Figure 11: Global Security Services Market- By Manned Guarding, By Value (USD Billion), 2016-2026
Figure 12: Global Security Services Market- By Alarm Monitoring, By Value (USD Billion), 2016-2026
Figure 13: Global Security Services Market- By Cash Logistics, By Value (USD Billion), 2016-2026
Figure 14: Global Security Services Market- By Other Security Services, By Value (USD Billion), 2016-2026
Figure 15: Global Security Services Market- By End User Market Share, 2020 & 2026
Figure 16: Global Security Services Market- By Residential, By Value (USD Billion), 2016-2026
Figure 17: Global Security Services Market- By Commercial, By Value (USD Billion), 2016-2026
Figure 18: Global Security Services Market- By Government, By Value (USD Billion), 2016-2026
Figure 19: Global Security Services Market- By Region Market Share, 2020 & 2026
Figure 20: North America Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 21: North America Average cost to install security camera (USD), 2021
Figure 22: North America Installed base of Security Camera (Million units), 2018 & 2021
Figure 23: North America, Automated Teller Machines (ATMs), Per 100,000 Adults, 2015-20
Figure 24: North America Smart Phone adoption rate, (%) 2017 & 2025E
Figure 25: North America Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 26: North America Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 27: Market Opportunity Chart of North America Security Services Market- By Country, By Value (Year-2026)
Figure 28: North America Security Services Market- By Country Market Share, 2020 & 2026
Figure 29: United States Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 30: United States IP camera Sales (USD Millions), 2014-17
Figure 31: United States installed base of security cameras (Billion units), 2018 & 2020
Figure 32: United States Urban Population (% of Total Population), 2014-18
Figure 33: Internet user penetration in United States, (2017-2023E)
Figure 34: U.S. Non-Residential construction spending (Billion USD), 2014-2019
Figure 35: United States Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 36: United States Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 37: Canada Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 38: Canada-Total Value of Building Permits, (In USD Billion), 2014 - 2018
Figure 39: Canada Smart home security camera household penetration rate (%), 2018
Figure 40: Smartphone User Penetration in Canada, By Age Group, 2014 and 2018
Figure 41: Canada POS Sales Method, (in %), 2019
Figure 42: Canada Automated Teller Machines (ATMs), Per 100,000 Adults , 2016-20
Figure 43: Canadian connected home market by subcategories, 2016-2019
Figure 44: Canada Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 45: Canada Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 46: Europe Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 47: Most Surveilled cities in Europe, By Countries (cameras per thousands inhabitants), 2019
Figure 48: Smart Device Penetration in Europe, By Countries (million units)
Figure 49: European ATM Numbers, 2012-2018
Figure 50: Europe, Share of Point of Sale Purchases Using Cash by Households, By Select Country
Figure 51: Europe Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 52: Europe Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 53: Market Opportunity Chart of Europe Security Services Market- By Country, By Value (Year-2026)
Figure 54: Europe Security Services Market- By Country Market Share, 2020 & 2026
Figure 55: Germany Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 56: Germany Software & Service sales Revenue (Billion Euro)
Figure 57: Percentage of Smart Home Security Users in Germany, By Income Group, 2018
Figure 58: Germany Automated Teller Machines (ATMs), Per 100,000 Adults , 2015-17
Figure 59: Germany, Urban Population (% of Total Population), 2016-2020
Figure 60: Number of Internet Users in Germany, 2014-2019 (in million)
Figure 61: Germany Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 62: Germany Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 63: United Kingdom Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 64: UK Smartphone Penetration, By Age Group 2014-2018 (%)
Figure 65: Internet Penetration in United Kingdom, 2015-20
Figure 66: UK, Automated teller machines (ATMs) (per 100,000 adults), 2013-2017
Figure 67: United Kingdom Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 68: United Kingdom Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 69: France Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 70: France Individuals Using the Internet, 2014-2019 ( In % of Population)
Figure 71: France Residential construction projects (in Units), (2014-2018)
Figure 72: Percentage of Smart Home Security Users in France, By Gender, 2018
Figure 73: France Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 74: France Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 75: Asia Pacific Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 76: Asia Installed base Security Camera (Million Units) 2018 & 2021
Figure 77: Revenue of public cloud computing In APAC region, By SaaS Model, (2015-2019)
Figure 78: Asia Pacific ICT Spending (USD Billion), 2020-2021 & 2024
Figure 79: Asia Pacific Urban Population (% of Total Population), 2016-2020
Figure 80: Asia and Pacific, Automated teller machines (ATMs), Per 100,000 adults, 2017-20
Figure 81: Asia Pacific Internet Penetration, 2017-2020 ( in %)
Figure 82: Asia Pacific Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 83: Asia Pacific Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 84: Market Opportunity Chart of APAC Security Services Market- By Country, By Value (Year-2026)
Figure 85: APAC Security Services Market- By Country Market Share, 2020 & 2026
Figure 86: China Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 87: China Installed base for Security Camera (Million Units), 2018 & 2021
Figure 88: China Urban Population (% of Total Population), 2014-19
Figure 89: Penetration of Internet Users in China (%), 2014-2019
Figure 90: Internet of things (IoT) in China, 2012-2017 (in Billion Yuan)
Figure 91: China, Automated teller machines (ATMs), Per 100,000 adults, 2012-20
Figure 92: China Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 93: China Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 94: India Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 95: India Crime rate, Crime incidence per 100,000 of population, 2018-20
Figure 96: India Urban Population (% of Total Population), 2016-20
Figure 97: India Citizen to Police Ratio, 2020
Figure 98: India's Share of IoT revenue by industry (%), 2019
Figure 99: India Automated Teller Machines Per 100,000 Adults, 2016-20
Figure 100: India Currency Circulation Growth Rate, 2012-20
Figure 101: India Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 102: India Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 103: Japan Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 104: Japan Urban Population (% of Total Population), 2016-20
Figure 105: Japan Automated Teller Machines, Per 100,000 Adults, 2016-20
Figure 106: Number of Internet Users in Japan, 2014-2019 (in million)
Figure 107: Penetration of Internet Users in Japan, 2014-2019 (%)
Figure 108: Japan Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 109: Japan Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 110: LAMEA Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 111: Middle East and North Africa, Automated Teller Machines (ATMs), 2014-19
Figure 112: Latin America, Automated Teller Machines (ATMs), Per thousand Adults, 2014-19
Figure 113: Latin America, Individuals using the Internet (% of Population), 2014-19
Figure 114: LAMEA Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 115: LAMEA Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 116: Market Opportunity Chart of LAMEA Security Services Market- By Country, By Value (Year-2026)
Figure 117: LAMEA Security Services Market- By Country Market Share, 2020 & 2026
Figure 118: Brazil Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 119: Brazil internet penetration rate (%), 2014-19
Figure 120: Brazil Industrial IoT Market Revenue Share by Type (%)
Figure 121: Brazil Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 122: Brazil Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 123: Israel Security Services Market Size, By Value, 2016-2026 (USD Billion)
Figure 124: Israel Total Population, (in 000), 2016-20
Figure 125: Israel Internet penetration rate (%), 2016-20
Figure 126: Israel Gross Domestic Product (Billion), 2016-20
Figure 127: Israel Security Services Market- By Services Type, By Value (USD Billion), 2016-2026
Figure 128: Israel Security Services Market- By End User, By Value (USD Billion), 2016-2026
Figure 129: Market Attractiveness Chart of Global Security Services Market- By Services Type (Year-2026)
Figure 130: Market Attractiveness Chart of Global Security Services Market- By End User (Year-2026)
Figure 131: Market Attractiveness Chart of Global Security Services Market- By Region (Year-2026)
Figure 132: G4S Annual Sales Revenue, 2016-2020 (USD Million)
Figure 133: G4S Net Income, 2016-2020 (USD Million)
Figure 134: G4S Sales Revenue, By Business Segment (%), FY2020
Figure 135: G4S Sales Revenue, By Customer Segment (%), FY2020
Figure 136: Prosegur Annual Sales Revenue, 2016-2020 (USD Million)
Figure 137: Prosegur Net Income, 2016-2020 (USD Million)
Figure 138: Prosegur Sales Revenue, By Business Segment (%), FY2020
Figure 139: Prosegur Sales Revenue, By Geographical Segment (%), FY2020
Figure 140: Brink Annual Sales Revenue, 2016-2020 (USD Million)
Figure 141: Brink Net Income, 2016-2020 (USD Million)
Figure 142: Brink Sales Revenue, By Business Segment (%), FY2020
Figure 143: Brink Sales Revenue, By Geographical Segment (%), FY2020
Figure 144: Securitas AB Annual Sales Revenue, 2016-2020 (USD Million)
Figure 145: Securitas AB Net Income, 2016-2020 (USD Million)
Figure 146: Securitas AB Sales Revenue, By Business Segment (%), FY2020
Figure 147: Securitas AB Sales Revenue, By Geographical Segment (%), FY2020
Figure 148: ADT Corporation Annual Sales Revenue, 2016-2020 (USD Million)
Figure 149: ADT Corporation Net Income, 2016-2020 (USD Million)
Figure 150: ADT Corporation Sales Revenue, By Business Segment (%), FY2020
Figure 151: ADT Corporation Sales Revenue, By Business Segment (%), FY2019
Figure 152: Secom Annual Sales Revenue, 2016-2020 (USD Million)
Figure 153: Secom Net Income, 2016-2020 (USD Million)
Figure 154: Secom Sales Revenue, By Business Segment (%), FY2020
Figure 155: Secom Sales Revenue, By Geographical Segment (%), FY2020
Figure 156: Securities and Intelligence Services Annual Sales Revenue, 2016-2020 (USD Million)
Figure 157: Securities and Intelligence Services Net Income, 2016-2020 (USD Million)
Figure 158: Securities and Intelligence Services Sales Revenue, By Business Segment (%), FY2020
Figure 159: Securities and Intelligence Services Sales Revenue, By Geographical Segment (%)
Figure 160: Johnson Controls Annual Sales Revenue, 2016-2020 (USD Million)
Figure 161: Johnson Controls Net Income, 2016-2020 (USD Million)
Figure 162: Johnson Controls Sales Revenue, By Business Segment (%), 2020
Figure 163: Johnson Controls Sales Revenue, By Geographic Segment (%), 2019
Figure 164: Seimens Annual Sales Revenue, 2016-2018 (USD Million)
Figure 165: Seimens Net Income, 2016-2018 (USD Million)
Figure 166: Seimens Sales Revenue, By Business Segment (%), FY2020
Figure 167: Seimens Sales Revenue, By Geographical Segment (%), FY2020
Figure 168: Loomis Annual Sales Revenue, 2016-2020 (USD Million)
Figure 169: Loomis Net Income, 2016-2020 (USD Million)
Figure 170: Loomis Sales Revenue, By Business Segment (%), FY2020
Figure 171: Loomis Sales Revenue, By Geographical Segment (%), FY2020
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