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

Security Services Market Research: Latest Industry Trends & Statistics

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

Global Security Services Industry Analysis

In the world security services market (segment of the business services industry), the managed security services industry refers to the electronic, managed and outsourced personnel security solutions.

According to Freedonia, managed 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.

Key Managed Security Services 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 organizations to track emails, manage network logs and regulate data.

The world managed security service providers industry 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.

World private contract security services market growth will be driven by economic recovery and rising building construction spending. Contract guarding represents the leading segment.

The global homeland security market growth is expected to continue, fuelled by government defense spending to protect against factors such as cyber attack, piracy, natural disasters, and terrorism.

The world x-ray security screening industry, covering systems sales, upgrades, and services, is challenged by a lack of competitive modality in the industry. Market expansion will be led by China, the US, and India.

In the global surveillance and security equipment market, industrial/commercial represents the leading end-user segment.

Read more »

24/7 Customer Support

Talk to Sam

+1 646 893 5945

4 Reports
Risk Assessment, Demand, Supply
48 Statistics
Market Size, Company, Finance
19 Reports
Economy, Risk Assessment, Company Financials
120 Statistics
Economy, Environment, Finance
11 Reports
Risk Assessment, Company Financials, Company
88 Statistics
Finance, Company Financials, Company
3 Reports
Company Financials, Company, Market Size
25 Statistics
Demand, Finance, Company Financials
4 Reports
Company Financials, Demand, Risk Assessment
38 Statistics
Finance, Company Financials, Demand
7 Reports
Company, Company Financials, Market Size
9 Statistics
Finance, Company Financials, Company
8 Reports
Demand, Company, Company Financials
59 Statistics
Demand, Company, Market Size

About 100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 6700)

Wireless Fire Detection Systems Market by Product, System Type, Installation Type, Vertical, and Geography - Global Forecast to 2020

Wireless Fire Detection Systems Market: Global Forecast until 2020

  • $ 5650
  • Industry report
  • June 2017
  • by MarketsandMarkets

“Technological advancements in equipment and networking along with improvement and enhancement of various codes and standards fueling the growth of the wireless fire detection systems market” The ...

Global Security Services Company Report $ 350 June 2017

Counter Terror & Public Safety Technology Industry: For ... $ 5795 November 2017

Manned Security Services Sector: Forecast until 2021 in ... $ 3500 September 2017

Manned Security Services Sector: Forecast until 2021 in ... $ 3500 June 2017

Manned Security Services Sector: Forecast until 2021 in ... $ 3500 June 2017

Global Security Services Market By Type, Market and Reg ... $ 6700 January 2017

Private Security Services in the US By Service and Mark ... $ 5500 April 2017

Apple Accessories Market: Increasing Sales of iPhones A ... $ 5000 April 2017

Europe Passive Fire Protection Market Analysis By Produ ... $ 4950 August 2016

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