Global Manned Guarding Services Market Research Report Information: Type (Services), End-user (Industrial, Commercial, Residential), By Region – Forecast Till 2023
The global manned guarding services market is anticipated to exceed a projection of USD 7,190.2 million by 2023, as per a new detailed report by Market Research Future (MRFR). It is expected to showcase a 6.44% CAGR during the assessment period (2018-2023). Rising cases of crimes globally is the primary factor driving the market. Rapid urbanization caused by migration of citizens to cities is expected to create demand for manned guarding services.
Manned guarding services are a range of services offered by security personnel for safeguarding communities and industrial compounds. These include patrolling of premises at night, checking of assets, and guarding people against unlawful conduct. Integration of high-end equipment such as cameras with skilled power can boost the market demand in the coming years. Rise of gated communities is expected to pave the way for opportunities in the market.
Manned Guarding Services Market Report Overview:
This report allows the user to gain a deeper understanding of the ongoing events and trends in the global market for manned guarding services. By correlating the historical data with key market dynamics, our analysts were able to make highly accurate projections in the report. MRFR’s report includes a thorough segmental analysis of the global manned guarding services market segmented by type, end-user, and region with astute insights. This report has been prepared to assist industry participants in making informed decisions on growth strategies and operation management. Users will also come across drivers, trends, opportunities, and restraints which are likely to influence the growth of the market during the assessment period.
Manned Guarding Services Market Segment Overview:
By type, the manned guarding services market has been segmented into equipment and service. Among the two, the equipment segment is likely to exhibit a 6.98% CAGR over the forecast period owing to demand for high-end equipment such as flashlight, two-way radio, and others. By end-user, the market is segmented into industrial, commercial, and residential buildings. The industrial segment is expected to experience a 6.53% CAGR during the forecast period owing to various industries possessing valuable equipment and machinery.
The segments and sub-segments covered in the report are analyzed under four major regions – North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA), with respective country-level market sizing. For the scope of research, the standard definition of the product/ service “manned guarding services” is included in the report. The report discusses and interprets the current and future opportunities of the industry delivering an unbiased growth assessment.
Players Covered in Manned Guarding Services Market:
China Security & Protection Group Co. Ltd., Transguard Group, SIS International S.R.L, OCS Group Ltd., G4S plc, Axis Group Integrated Services Ltd., ICTS Europe S.A., Andrews International Inc., Securitas AB, Allied Universal, U.S. Security Associates Inc., and Tops Security Limited are prominent players in the manned guarding services market.
The report offers comprehensive profiles on these market players and assesses their current standing in the manned guarding services market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, M&A activities, and latest R&D initiatives are outlined in the report.
Manned Guarding Services Market Research Methodology:
Market Research Future (MRFR) uses a combination of primary and secondary research to compile market reports. Primary data is accumulated from interviewing industry stalwarts and secondary research is collated by studying white papers and annual reports of leading players. Our analysts use top-down and bottom-up approaches to validate the findings of the report. The report comprises news, current trends, and future prospects related to the market, all of which can provide a thorough understanding of the market to clients. Industry leaders can make accurate business decisions based on our insights.
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