Global Security Services

Global Security Services

Global security service revenues are forecast to increase 3.6% per year to $263 billion in 2024. Growth will be driven by rising demand for security guard services in industrializing countries. Sales will also be boosted by rising demand for value-added services like video monitoring and security systems integration.

The report covers security service revenue by service, market, and region. Revenues are presented in US dollar terms.

Revenues by service are presented for:
Guarding
Alarm monitoring
Cash-in-transit and related services
Security systems integration
Other services (security consulting, private investigations, etc.)

Security service markets include:
Commercial and industrial
Government and institutional
Residential

Demand by is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Also presented are security service employment figures at the country level.

Scope of the Report
This report covers the scope, size, and growth of the global security service market, including key trends in services, markets, and regions. Historical data are provided for 2009, 2014, and 2019, with forecasts for 2024. Historical market volatility is also addressed. Data are provided in US dollars. Revenue totals at the country level are also presented in local currency terms. Also included is an analysis of key industry players and their global market shares