Global Manned Guarding Services Industry

September 2020 •
481 pages •
Report ID: 5817587 •
Format: PDF

Summary
Table of contents

The global market for Manned Guarding Services is projected to reach US$228. 6 billion by 2025, driven by growing crime rates and inadequacy of the police and law and order department to provide complete protection coverage across all locations in a country. Other interesting factors also responsible for encouraging growth include rise in large shopping malls, luxury hotels and elite residential enclaves; increasing security needs of high net-worth individuals and businesses by the day; higher risk of theft, kidnapping and blackmail of influential public figures and the ensuing demand for personal bodyguards; and rise in private infrastructure related crimes. In developing countries, higher volume of cash logistics is driving demand for manned security among banks and financial institutions. Manned guarding involves hiring of security personnel or guards who are specifically trained for protecting people, assets and property by deterring crime, illegal entry and assault. Manned guarding services address security needs of their clients and benefit an organization in an intangible and subtle way. These security personnel protect designated properties through highly visible presence while avoiding inappropriate and illegal activities. Security guards rely on physical patrolling and leverage advanced technology such as video surveillance cameras and alarm systems. These security professionals are trained to keep an eye on signs of disorder, fire or crime. By ensuring security of an organization through their physical presence, manned guarding plays an important role in making employees feel safe and become more productive. Security guards are employed by organizations across all industries globally. Some of the typical places that rely heavily on these professionals include schools, colleges, airports, casinos, concert venues, apartments, gated communities, retail stores, correctional facilities, hotels, nightclubs and even embassies holding meetings for governments. Wider availability of reliable guarding services from established vendors is also elevating market prospects. Security services firms such as G4S plc of the UK, Prosegur, the Spanish multinational, and U. S. Security Associates Inc. of the US, and the French ICTS have brought new level of reliability and discipline into manned guarding services vertical while branching out their services into new geographic territories on an ongoing basis, thereby elevating the overall prospects. Market prospects for manned guarding services remain progressive, amid uptrend in corporate enterprise activity, relatively stable industrial production and logistics scenario, rising investments on hospitality, leisure, and recreation facilities, and higher emphasis on securing public and private sectors institutions including academia and research entities. The ongoing urbanization drive and consequent asset creation is another major factor poised to steer overall market revenues. Furthermore, increased emphasis among modern urban dwellers on living in secure apartments and gated neighborhoods, in lieu of rising crime rates is also positively influencing growth.

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager

Global Manned Guarding Services Industry

Our reports have been used by over 10K customers, including:

Related reports and data