Manned Guarding Services Market Report

Posted 2024-12-19 12:34:46

Manned Guarding Services Market Report

Market Definition

Manned guarding services refer to the provision of trained security personnel to protect individuals, properties, and assets from various threats such as theft, vandalism, and terrorism. These services are essential for ensuring the safety and security of people and premises in various industries, including commercial, industrial, and residential.

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Market Insights

The global Manned Guarding Services Market size was valued at USD 26 billion in 2023 and is projected to reach from USD 27.2 billion in 2024 to USD 37.8 billion by 2032, growing at a CAGR of 4.8% during the forecast period (2024–2032).

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Latest Trends

The manned guarding services market is witnessing several trends that are driving its growth. Some of the key trends include:

Increasing demand for security services: The rising concerns about safety and security are driving the demand for manned guarding services.

Growing adoption of technology: The use of technology such as CCTV cameras, access control systems, and alarm systems is becoming increasingly popular in the manned guarding services market.

Rising demand for specialized security services: The demand for specialized security services such as event security, executive protection, and cybersecurity is on the rise.

Key Opportunity

The increasing demand for security services in emerging markets such as Asia-Pacific and Latin America is expected to create new opportunities for players in the manned guarding services market.

Key Players

Some of the key players operating in the manned guarding services market include:

Secom Co. Ltd.: Secom Co. Ltd. is a leading provider of security services, including manned guarding, CCTV monitoring, and access control.

OCS Group Ltd.: OCS Group Ltd. is a leading provider of facilities management and security services, including manned guarding, CCTV monitoring, and access control.

G4S limited: G4S limited is a leading provider of security services, including manned guarding, CCTV monitoring, and access control.

Mitie Group PLC: Mitie Group PLC is a leading provider of facilities management and security services, including manned guarding, CCTV monitoring, and access control.

Garda World Security Corporation: Garda World Security Corporation is a leading provider of security services, including manned guarding, CCTV monitoring, and access control.

Market Segmentations

The manned guarding services market is segmented based on type and application.

By Type

Equipment: The equipment segment includes the provision of security equipment such as CCTV cameras, access control systems, and alarm systems.

Service: The service segment includes the provision of manned guarding services, including the deployment of security personnel to protect individuals, properties, and assets.

By Application

Industrial Buildings: The industrial buildings segment includes the provision of manned guarding services to industrial buildings, including factories, warehouses, and construction sites.

Commercial Buildings: The commercial buildings segment includes the provision of manned guarding services to commercial buildings, including offices, retail stores, and restaurants.

Residential Building: The residential building segment includes the provision of manned guarding services to residential buildings, including apartments, condominiums, and single-family homes.

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