Global Private Military Services Market Growth (Status and Outlook) 2023-2029
Private military companies refer to their business generally as the "private military industry" or "The Circuit". The services and expertise offered by PMCs are typically similar to those of governmental security, military or police forces.
LPI (LP Information)' newest research report, the “Private Military Services Industry Forecast” looks at past sales and reviews total world Private Military Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Private Military Services sales for 2023 through 2029. With Private Military Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Private Military Services industry.
This Insight Report provides a comprehensive analysis of the global Private Military Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Private Military Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Private Military Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Private Military Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Private Military Services.
The global Private Military Services market size is projected to grow from US$ 198820 million in 2022 to US$ 271740 million in 2029; it is expected to grow at a CAGR of 4.6% from 2023 to 2029.
The market is really fragmented. Top 10 manufacturers only occupied 6.24% market share in 2019. G4S is the largest player in the market, accounted for 3.58% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Private Military Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Guard Services
Armored Transport
Others
Segmentation by application
Government
Commercial and Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
G4S
Constellis
Northrop Grumman
L3 Technologies
Aegis Defence Services
Jorge Scientific Corporation
MVM, Inc.
DynCorp
KBR,Inc.
Northbridge Services Group
Please note: The report will take approximately 2 business days to prepare and deliver.
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