Manned Security Services Market to Grow with a CAGR of 7.29% through to 2030
Increasing security concerns, advancements in security technology, and growing demand for integrated security solutions are the factors driving the market in the forecast period.
According to TechSci Research report, “ Manned
Security Services Market - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030F”, the Global Manned Security Services market was valued at USD 20.73 Billion in 2024 and is expected to reach USD 31.62 Billion by 2030 with a CAGR of 7.29% during the forecast period. The manned security services sector has seen steady growth due to rising concerns over safety and security in various industries. As security threats become more complex, there is an increasing reliance on professional security services to protect individuals, property, and assets. Industries such as retail, banking, transportation, and healthcare are increasingly prioritizing security. Advancements in technology, such as surveillance systems and access control, are enhancing security operations and driving market growth.
A notable trend in the sector is the integration of smart security solutions that combine human expertise with advanced technologies. Automated surveillance tools, like smart home security devices, CCTV cameras integrated with connectivity, and drones, along with biometric access systems, are becoming more effective, allowing for real-time monitoring and quicker responses. As the need for security in high-risk environments, such as corporate offices and public events, grows, new opportunities are emerging. The shift toward integrated security systems and managed services is also fueling expansion.
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The global manned security services market is segmented by Type, End User, and By Region.
Based on end User, in 2024, the residential building sector is emerging as the fastest-growing segment for global manned security services. With rising concerns about burglary, home invasions, and personal safety, homeowners are increasingly seeking reliable protection. The demand for trained security personnel to monitor properties, patrol neighborhoods, and manage access control has surged. This growth is fueled by advancements in technology, where manned security is being paired with smart systems to ensure more effective surveillance and response. As urbanization continues, residential areas face greater security risks, making professional security services vital to safeguarding homes and families.
Based on region, in 2024, the Asia-Pacific region stands as the fastest-growing market for manned security services, fueled by rapid industrialization and urbanization across countries like China, India, and Japan. As these nations continue to expand their infrastructure and develop key industries such as manufacturing, retail, and logistics, the demand for robust security services grows. The rise of commercial and residential construction projects, coupled with an increasing focus on public safety and crime prevention, drives the need for both on-site security personnel and advanced surveillance technologies.
The expansion of transportation networks, including airports, seaports, and railways, also contributes to the growing demand for security services in the region. With large-scale events and gatherings becoming more common, there is a heightened focus on event security and crowd control, further boosting the market. Additionally, the growing concerns about security threats in both urban and rural areas are prompting investments in high-quality manned security services. Governments in the Asia-Pacific region are also investing in enhancing safety measures for critical infrastructure, including power plants, communication hubs, and government buildings. As the region continues to witness economic growth and modernization, the demand for effective, comprehensive security services is expected to rise, making Asia-Pacific a key driver in the manned security services market in 2024.
Major companies operating in Global Manned Security
Services Market are:
- Bosch Sicherheitssysteme GmbH
- Cisco Systems, Inc.
- Honeywell International Inc.
- Johnson Controls International plc
- Anixter Inc.
- Genetec Inc.
- SECOM Plc.
- G4S Limited
- Schneider Electric SE
- Zhejiang Dahua Technology Co., Ltd
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“The Global
Manned Security Services Market is a cornerstone of modern security, offering
crucial protection for diverse sectors. Fueled by increasing security concerns
and evolving threats, these trained professionals provide a versatile range of
security services, from access control to risk mitigation. Technology
integration, such as AI and advanced surveillance, enhances their effectiveness
in safeguarding assets and individuals. Manned security services play a pivotal
role in risk management and loss prevention, helping businesses and
institutions deter threats and reduce potential risks. Despite challenges
related to budget constraints and regulatory compliance, the market's
adaptability and dedication to safety make it an essential component of the
broader security landscape.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“Manned Security Services Market –Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Equipment, Service), By End User (Industrial Buildings, Commercial Buildings, Residential Buildings), By Region & Competition, 2030F”, has evaluated the future growth potential of Global Manned Security
Services Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Manned Security
Services Market.
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