1. Market Research
  2. > Business Services Market Trends
  3. > Security Services

Breakthroughs that will shape the future of the business security industry

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
17 votes

Topics under Security Services

Global Security Services Industry Analysis

The world security services market (segment of the business services industry) exceeded $174 billion in 2010, reports MarketLine. Market growth is expected to accelerate to exceed a yearly rate of 4.5% between 2010 and 2015 to reach almost $220 billion. The security services industry refers to the electronic, managed and outsourced personnel security solutions.

According to Freedonia, security services demand is being fuelled by an increasing rate of urbanization, a growing middle class owning assets they wish to protect, a lack of faith in public safety measures and fear of terrorism and crime. Developed nations will record the strongest market growth, fuelled by foreign investment, economic recovery following the economic crisis, unreliability or overloading of public security services and higher personal incomes.

Countries including South Africa, China, India, Brazil and Mexico are forecast to record double-digit growth over the next few years. The US is the number-one private contract security services consumer, expected to hold close to 35% market share in 2014.

Key Market Segments

The global managed security services industry is expected to reach close to $8.5 billion, reports Global Industry Analysts. Market growth is fuelled by rising hacker activity, with strong demand expected from developing countries, especially Asia-Pacific. Companies are paying increasing attention to risk management and network security due to network threats and the need to manage security. Managed security service providers are stepping in to provide services necessary to a business environment in which the internet is playing an increasing role in organization to track emails, manage network logs and regulate data.

The world managed security service providers industry is expected to record close to 18% yearly growth through 2014, reports TechNavio. The market is witnessing rising demand for cloud-based solutions. Obstacles to market growth include factors such as automation, professional expertise and scalability. Leading players operating in the market include Hewlett-Packard, IBM, BT Global Services and Symantec.

Freedonia estimates the world private contract security services industry will record almost 7.5% yearly growth through 2014 to reach $218 billion. Market growth will be driven by economic recovery and rising building construction spending. Contract guarding represents the leading segment, expected to generate more than 50% of overall revenues in 2014.

The global homeland security market exceeded $194 billion in 2011, according to Visiongain. Market growth is expected to continue over the coming decade, fuelled by government defense spending to protect against factors such as cyber attack, piracy, natural disasters and terrorism.

Homeland Security Research forecasts the world x-ray security screening industry, covering systems sales, upgrades and service, will exceed 10% yearly growth through 2016 to reach almost $2 billion, up from $1 billion in 2010. The market’s cost-performance is challenged by a lack of competitive modality in the industry. Market expansion will be led by China, the US and India.

The global surveillance and security equipment market is expected to record close to 12% yearly growth to exceed $139 billion in 2015, up from under $80 billion in 2009, reports BCC Research. Industrial/commercial represents the leading end-user segment and is forecast to record 13% yearly growth to reach close to $95 billion by 2015. The state/military market segment is expected to record yearly growth of 10% to exceed $16 billion by 2015. The non-commercial applications market segment is forecast to record 9% yearly growth to exceed $29 billion in 2015.

Read more »

24/7 Customer Support

Talk to Sam

+44 20 8816 8032

1-10 of 29 reports

Security Services Industry in the US

  • July 2015
    23 pages
  • Water  

  • United States  

View report >

Security Services Industry in Europe

  • January 2013
    6 pages
  • Security Servic  

  • Europe  



View report >

Security Services Forecast Statistics in South Korea

  • January 2014
    9 pages
  • Security Servic  

  • South Korea  

    United States  


View report >

The future of the Security Services Industry in Pakistan

  • November 2015
    8 pages
  • Security Servic  

    Security Guard  

    Security Servic  

  • Pakistan  

View report >

Security Services Industry

  • November 2015
    2 pages
  • Security Servic  

    Security Servic  


View report >

Security Services Industry in Africa

  • November 2015
    7 pages
  • Security Servic  

    Internet Securi  

  • Africa  



View report >

Security Services Statistics in the US

  • October 2015
    3 pages
  • Security Servic  

  • United States  

View report >

Security Services Statistics in Ireland

  • August 2015
    24 pages
  • Security Servic  

  • Ireland  

View report >

The future of the Private Security Service Industry in India

  • January 2015
    2 pages
  • Private Securit  

  • India  


View report >

About 200 reports

Purchase Reports From Reputable Market Research Publishers
(From € 119 - € 12 800)

Analysis of the Asia-Pacific Managed Security Services Market 

Analysis of the Asia-Pacific Managed Security Services Market 

  • € 12 800
  • Industry report
  • December 2015
  • by Frost & Sullivan

Analysis of the Asia-Pacific Managed Security Services Market : Moving beyond Traditional Services to Advanced Detection and Remediation Capabilities An increasingly sophisticated security landscape is ...

Japan It Infrastructure Services 2015-2019 Forecast And ...

January 2016 € 4 000

The Global Police Modernization And Counter Terrorism M ...

November 2015 € 3 840

America Transportation Security System Industry 2015 Ma ...

November 2015 € 3 040

Europe Audio Guard Tube Industry 2015 Market Research R ...

December 2015 € 2 880

China Security Equipment Industry 2015 Market Research ...

November 2015 € 2 560

Investigation & Security Service Lines World Report

February 2016 € 2 438

Investigation Service Lines World Report

February 2016 € 2 438

Security Guards & Patrol Service Lines World Report

February 2016 € 2 438

Investigation, Guard & Armored Car Services World Repor ...

February 2016 € 2 438

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.