Security Services: Europe

This report forecasts to 2024 security service revenues in nominal US dollars in Europe. Total demand is segmented by type in terms of: guards; alarm monitoring; cash-in-transit and related services; systems integration; and other services such as consulting, private investigations, and pre-employment screening. Total demand is also segmented by market as follows: commercial and industrial, government and institutional, and residential.

To illustrate historical trends, total demand is provided in annual series from 2009 to 2019; the various segments are reported at five-year intervals for 2009, 2014, and 2019.

Excluded from the scope of this report are: public safety personnel (e.g., police officers, public corrections officers, federal agents, and fire fighters); in-house, proprietary security services, such as guards, detectives, and off-duty police officers on the paid staff of (non-security) business establishments; military-type private security services (sometimes called mercenaries); equipment installation services (aside from systems integration); locksmith activities; security products distribution and sales; and private correctional facility management.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2019.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report items by page is available in the Table of Contents.

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