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Global Crime Trends: A Catalyst for the Rise in Manned Security Services
The surge in crime rates on a global scale has become a pressing concern, influencing the dynamics of security measures across various nations. This rise in criminal activities, ranging from interpersonal violence to collective offenses, has contributed to an increased demand for effective security solutions. Notably, the escalating crime rates have implications for both developed and developing countries, shaping the preferences of individuals and communities when it comes to choosing secure living environments.
Global Crime Statistics and Trends:
According to the Small Arms Survey, a comprehensive analysis of crime rates reveals that in 2016, interpersonal and collective violence claimed the lives of approximately 560,000 people worldwide. Of significant note, the global homicide rate increased for the first time since 2004, reaching 5.15 per 100,000 population in 2016, up from 5.11 in the previous year. These statistics underscore the severity of the issue and the need for robust security measures to ensure the safety of individuals and communities.
In countries such as the United States and the United Kingdom, a concerning trend has emerged, with violent crimes, including homicides, showing an upward trajectory for the second consecutive year in 2017. This indicates a complex challenge that requires multifaceted solutions to address the root causes of crime and enhance overall security.
Rising Crimes Against Women: A Disturbing Reality:
One particularly troubling aspect of the global crime landscape is the increasing incidence of crimes against women, especially in urban settings. The safety of women has become a paramount concern, prompting a reevaluation of security measures in various communities. Crimes targeting women include harassment, assault, and more severe forms of violence, necessitating a comprehensive approach to ensure the protection and well-being of women in public and private spaces.
Secure Living Environments: A Response to Rising Crime Rates:
In response to the growing challenges posed by escalating crime rates, individuals and families are increasingly opting for secure living environments. Gated communities and apartments, despite their higher cost, have emerged as ideal choices for urbanites seeking safety and peace of mind. The controlled access and monitored surroundings provided by these establishments offer a sense of security that is paramount in the face of rising crime concerns.
However, the preference for secure living environments comes with a concurrent demand for effective security services. Gated communities and apartments require not only physical infrastructure such as gates and surveillance systems but also a dedicated workforce of security personnel. This workforce plays a crucial role in ensuring the safety and proper functioning of these communities, addressing the unique security needs that arise in controlled living spaces.
Key Driver: Increasing Transition to Secure Living:
The escalating crime rates, coupled with a growing awareness of personal safety, are key factors driving the market for manned security services. The increasing transition of people to secure apartments and gated communities reflects a conscious choice made in response to the challenges posed by crime. This shift is not merely driven by a desire for luxury or exclusivity but is fundamentally rooted in the need for a secure and protected living environment.
As urbanization continues and cities grapple with the complexities of crime, the demand for manned security services is poised to remain robust. The market's trajectory is intricately linked to societal shifts, crime dynamics, and the collective pursuit of safety. It is imperative for security services to evolve and innovate, addressing the evolving nature of threats and ensuring the continued trust and confidence of those seeking secure living options.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Type, By End-user, and Region |
Manned Security Services Market Highlights:
Global Manned Security Services Market Overview
Manned Security Services Market Size was valued at USD 17.6 billion in 2022. The Manned Security Services market industry is projected to grow from USD20.0464 Billion in 2023 to USD 43.7702 billion by 2030,exhibiting a compound annual growth rate (CAGR) of 13.90% during the forecast period (2023 - 2030). Increased natural disasters and a rise in terrorist attacks across various countries are the key market drivers enhancing market growth.
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Manned Security Services market Trends
- Rise in global security concerns driving the Market Growth
One of the primary factors driving the Market CAGR of the manned guarding market is the rise in global security concerns. The market is growing due to an increase in demand for international travel as a result of greater globalization, as well as an increase in the demand for border patrol personnel and airport security. Moreover, the rising security concerns across the globe are further expected to propel market growth. The market is further growth due to an increase in demand for international travel as a result of greater globalization, as well as an increase in the demand for border patrol personnel and airport security.
Additionally, demand for Manned Guard security services will be predominantly driven by group housing, flats, and commercial infrastructure in both the private and public sectors. These industries have exploded in popularity in the Middle East during the last few years. During the projection period, the use of technology in manned security solutions is expected to increase. As more competent and educated guards are needed who can learn quickly and adapt to new technology, wages may climb. Thus, driving the Manned Security Services market revenue.
Manned Security Services Market Segment Insights
Manned Security Services Type Insights
Based on Type, the Manned Security Services Market segmentation includes equipment and service. The equipment segment is predicted dominate the manned security services market. This is due to the growing awareness among clients of the need for trained security personnel to prevent theft, unlawful entry, and other unwanted disturbances in their private spaces.The service segment holds a 5.31% CAGR in the research period. The growing urbanization resulting in increased crime rates enhancing the private security demand further influence the market.
December 2019 The Vodafone IDEA business center and I.B.M. partnered to produce a secure device management solution for security reasons.
Figure1 Manned Security Services Market, by Type, 2022& 2030(USD billion)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Manned Security Services End-userInsights
The Manned Security Services Market segmentation, based on end-user, includes industrial, commercial, and residential buildings. The commercial building segment is registered to hold a higher 6.66% CAGR for the forecast period. Due to increased system availability, an increase in the number of connected devices, a rise in the adoption of the internet of things, and increasing training centers for security personnel affect the commercial segment.
Manned Security Services Regional Insights
By Region, the study provides market insights into Asia-Pacific, North America, Europe, and the Rest of the World. The Asia-Pacific manned security services market will dominate this market due to the increasing development of training centers for poorly armed service and security personnel per capita. In addition, the factors like increasing employment opportunities, skilled force, and the fast rise in the population boost the market growth in this Region.
Further, the major countries studiedin the market reportare The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2 MANNED SECURITY SERVICES MARKET SHARE BY REGION 2022 (%)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe manned security Services market accounts for the second-largest market share due to the increased natural disasters. Further, the German manned security services market held the largest market share, and the UK manned security services market was the fastest-growing market in the European Region.
The North American manned security services market is expected to grow at the fastest CAGR from 2023 to 2030. This is due to the rising number of residential and commercial complexes in cities, increasing the demand for round-the-clock surveillance and security personnel. Further, the US manned security services market held the largest market share, and the Canada manned security services market was the fastest-growing market in the Region.
Manned Security Services Key Market Players& Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the manned security services market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The manned security industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global manned security services industry to benefit clients and increase the market sector. In recent years, the manned security services industry has offered some of the most significant advantages to medicine. Major players in the Manned Security Services market, including O.C.S. Group Limited (U.K.),S.I.S. International S.R.L. (Italy),ICTS Europe S.A. (France),U.S. Security Associates Inc. (U.S.),Tops Security Limited (India), and others, are attempting to increase market demand by investing in research and development operations.
Transguard Group,Offering flexible solutions for all of the UAE's staffing needs since 2001, Transguard Group is the Region's expert in cash services, security, facilities management, and white-collar staffing – and much more in between. With an annual turnover of AED 2.2 billion in the 2021-2022 financial year, Transguard's expertise is in supplying the right people for its clients, precisely when and where they're needed. Learn more about how Transguard is helping the UAE's businesses grow. Transguard Group, the UAE's leading business solutions provider, announced it has further reinforced its partnership with a UAE-based airline to include check-in agents.
Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India's leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G, and 4G platforms. With the large spectrum portfolio to support the growing demand for data and voice, the Company is committed to delivering delightful customer experiences and contributing towards creating a truly 'Digital India' by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as an extensive on-ground presence. The Vodafone IDEA business center and I.B.M. partnered to produce a secure device management solution for security reasons.
Key Companies in the manned security services market include
- C.S. Group Limited (U.K.)
- I.S. International S.R.L. (Italy)
- ICTS Europe S.A. (France)
- S. Security Associates Inc. (U.S.)
- Tops Security Limited (India)
- China Security & Protection Group Ltd. (China)
- G4S plc (U.K.)
- Transguard Group (U.A.E.)
- Axis Group Integrated Services Ltd. (U.K.)
- Andrews International Inc. (U.S.)
- Securitas AB (Sweden)
- Allied Universal (U.S.)
Manned Security Services Industry Developments
For instance, June 2022 Transguard Group, the UAE’s leading business solutions provider, announced it has further reinforced its partnership with a UAE-based airline to include check-in agents.
For instance, May 2022 The UAE’s business solutions provider Transguard Group has joined hands with the internationally renowned, award-winning culinary school International Centre for Culinary Arts (ICCA Dubai) to launch Smart Solutions. The specially curated boot camp-style training programs designed by ICCA Dubai offer industry-relevant knowledge and skill sets to mold learners into Smart Kitchen Aides and Smart Kitchen Stewards, thus enabling the Smart Trained Workforce to effectively deliver in the hospitality industry, as well as build their careers.
For instance,March 2020 AT&T collaborated with Broadcom and Palo Alto Networks to develop Disaggregated Scalable Firewall (DSFW).
Manned Security Services Market Segmentation
Manned Security ServicesType Outlook
- Equipment
- Service
Manned Security Services By End-user Outlook
- Industrial Buildings
- Commercial Buildings
- Residential Building
Manned Security Services Regional Outlook
-
North America
- US
- Canada
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
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