The Global Security Services Market is expected to grow by US$ 52.04 billion during 2020-2026, progressing at a CAGR of 3.5% during the forecast period. North America is expected to hold the highest share in the global security services market, while Asia Pacific is expected to grow at the highest CAGR during the forecast period.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the types, applications, and regions. The global market data on security services can be segmented by types: alarm monitoring, cash-in-transit & related services, guards, systems integration, and others. The guards segment held the largest market share in 2019. However, the systems integration segment is expected to witness the highest CAGR during the forecast period. Security services market is further segmented by applications: commercial & industrial, government & institutional, and residential. In 2019, the commercial & industrial segment held the largest share of the market, and the government & institutional segment is anticipated to register the highest CAGR during 2020–2026.
The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of revenue (million USD) considering 2019 as base year and market forecast will be given from 2020 to 2026.
The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive coverage of the market across different market segments, Asia Pacific, Eastern Europe, Middle East and Africa (MEA), North America, South America, and Western Europe the report is a valuable asset for the existing players, new entrants and the future investors.
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