Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Manned Guarding Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Manned Guarding Services Market to Reach $283.8 Billion by 2030
The manned guarding services sector is witnessing a significant surge, with the global market anticipated to grow from US$201.2 Billion in 2022 to an impressive US$283.8 Billion by 2030. This projected growth, representing a CAGR of 4.4% from 2022-2030, highlights the escalating demand for security across various sectors and regions.
Notably, the equipment segment within this market is set to achieve a 3.3% CAGR, reaching a valuation of US$84.9 Billion by 2030. On the other hand, services are estimated to grow at a 4.9% CAGR over the upcoming eight years. Key regions driving this growth include the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
For instance, the U.S. manned guarding market is valued at US$52.3 Billion in 2022, while China's market, the second-largest globally, is forecasted to achieve a 5.3% CAGR, culminating at US$48.5 Billion by 2030.
Other significant markets include Japan and Canada, projected to grow at CAGRs of 2.7% and 3.3% respectively. Within the European region, Germany is expected to see a growth rate of around 4% over the same period.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- A Prelude to Manned Guarding Services
- Significance & Advantages of Manned Guarding
- Manned Guarding Services: Current Market Scenario and Outlook
- While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Fastest Growing Market
- Global Manned Guarding Services Market by Region (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
- Global Manned Guarding Services Market - Major Regions/Countries Ranked by Value CAGR for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
- Economic Scenario and its Impact on Manned Guarding Services Market
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
- COMPETITIVE LANDSCAPE
- Manned Guarding Services: A Fragmented Marketplace
- Market Likely to Become More Organized in the Coming Years
- Pricing & Cost Trends Influence Business Strategies
- Recent Market Activity
- Manned Guarding Services - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- Growing Relevance of Private Security Creates Fertile Environment for Manned Guarding Services Market
- Rising Number of Break-Ins, Thefts, Burglaries and Robberies: Primary Growth Driver
- Industrial Sector: Major End-Use Vertical
- Commercial Sector Emerges as Fastest Growing Market
- Banks & Financial Institutions Extend Lucrative Opportunities
- Corporate Office Security Steers Overall Momentum
- Property Developers Leverage Manned Guarding Services to Ensure Security
- Manned Guarding Services Find Increasing Adoption in Healthcare Industry
- Retail Industry Invests in Manned Guarding Services to Reduce Shrinkage and Other Losses
- Pivotal Role of Security Manpower in Airports Bodes Well
- Wedding Functions Emerge as New Business Niche
- Growing Opportunities in Residential Sector
- Urban Sprawl Encourages Market Prospects
- World Urban Population in Millions: 2000-2050
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
- Convergence of IT and Manned Guarding: The Ongoing Trend
- Resolving Prevailing Issues & Challenges: Critical for Future Success of the Market
- Growing Importance of Electronic Security: Major Market Deterrent
- Other Major Challenges
FOCUS ON SELECT PLAYERS (Total 117 Featured)
- Allied Universal (USA)
- Axis Group Integrated Services Ltd. (UK)
- The Brink's Company (USA)
- G4S plc (UK)
- Gurkha Security Services (UK)
- ICTS Europe S.A. (France)
- Plus Security (UK)
- Prosegur (Spain)
- Securitas AB (Sweden)
- Security and Intelligence Services Ltd. (India)
- Transguard Group (UAE)
For more information about this report visit https://www.researchandmarkets.com/r/h8q91h
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