The global market for private contract security services is forecast to advance 7.4 percent per year through 2014. The strongest market gains will be posted in developing parts of Asia, Eastern Europe, Africa and the Middle East where security markets are relatively underdeveloped. The US will remain the largest single consumer.
This study analyzes the $153 billion world security service industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by service type (e.g., guard, alarm monitoring, armored transport, private prison management, consulting, private investigation), market (commercial and industrial, government and institutional, residential), world region and for 27 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry participants, including Securitas AB, G4S and Tyco International.