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World Security Services


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World demand to rise 7.4% annually through 2016
The global market for private contract security services will increase 7.4 percent annually through 2016 to $244 billion. In general, demand for security services is driven by rising urbanization, the real and perceived risks of crime and terrorism, belief that public safety measures are insufficient, and growth of a middle class with assets to protect and the means to pay for supplementary security measures. Going forward, the security service market will also be supported by an improved economic environment and building construction activity, notably in developed nations that saw significant slowdowns late in the 2006-2011 period.

Developing areas to post strongest market gains
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. In fact, several national markets, including China, India, Mexico, Russia, and South Africa, are expected to achieve double-digit annual growth through 2016.

In many of these areas, the intensity of security service use (measured against indicators such as GDP and urban population) is relatively low, indicating significant growth potential going forward. Factors such as rapid gains in economic activity, rising personal incomes, foreign investment activity, and the increasing belief that public safety forces are overburdened, corrupt or unable to provide sufficient protection will boost gains. Furthermore, increasing regulation and a trend toward greater professionalism in many of these local security service markets will improve public trust in security service businesses, thereby driving market gains.

US to remain largest national consumer
The US will remain the largest single consumer of private contract security services, accounting for 26 percent of total world demand in 2016. While the US is a relatively mature market for security services, the sheer size of the US means that it will account for more than one-fifth of total global increases between 2011 and 2016, even with a below average growth rate. However, that level will be matched by the combined gains of a few rising markets. For instance, India and China will together account for 13 percent of worldwide gains and Brazil, the world’s second largest single market in 2011, will represent another seven percent of global growth.

Contract guarding to remain largest, alarm monitoring to grow fastest
Contract guarding will continue to be the largest segment of the market, accounting for more than half of total revenues in 2016. This segment benefits from the minimal capital requirements for operation which, along with relatively low labor costs, make it the dominant security service in the developing markets. The alarm monitoring market is expected to see the strongest growth, spurred by rising interest in alarm systems coupled with the improved outlook for building construction.


PRESS RELEASE

Global Demand for Private Contract Security Services to Reach $244 Billion in 2016

Global demand for private contract security services will increase 7.4 percent annually to $244 billion in 2016. In general, demand for security services is driven by rising urbanization, the real and perceived risks of crime and terrorism, belief that public safety measures are insufficient, and growth of a middle class with assets to protect and the means to pay for supplementary security measures. The security service market will also be supported by an improved economic environment and building construction activity, notably in developed nations, which saw slowdowns late in the 2006-2011 period. Contract guarding will continue to be the largest type of security service, accounting for more than half of total revenues in 2016. The commercial and industrial security service market is by far the largest, reflecting the large number of facilities, potential for loss, and availability of resources for protective purposes. The considerably smaller residential market will post the strongest gains through 2016, driven by rebounds in residential construction in several countries and a high perceived risk of crime among residents in many areas. These and other trends are presented in World Security Services, a new study from The Freedonia Group, Inc., a Clevelandbased industry market research firm.

The strongest gains will be posted in developing parts of Asia, Eastern Europe, Africa, and the Middle East, where security markets are relatively underdeveloped. In fact, several national markets, including China, India, Mexico, Russia, and South Africa, are expected to achieve double-digit annual growth through 2016. In many of these areas, the intensity of security service use (measured against indicators such as GDP and urban population) is relatively low, indicating significant growth potential going forward.

The US will remain the largest national consumer of private contract security services, accounting for 26 percent of total world demand in 2016. Despite its maturity, the dominant size of the US market means that it will account for more than one-fifth of total global increases between 2011 and 2016, even with a below average growth rate. Brazil, the world’s second largest national market in 2011, will post above average increases and represent another seven percent of global growth through 2016. Two smaller developing national markets for security services, India and China, will together account for an additional 13 percent of world gains through 2016.

  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD SECURITY SERVICE REVENUE (billion dollars)
  • MARKET ENVIRONMENT
    • General
    • Economic Environment
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION (billion 2010 dollars)
    • Demographic & Social Trends
      • Demographic Trends
        • Table WORLD POPULATION BY REGION (million persons)
      • Social Trends
        • Table WORLD URBAN POPULATION BY REGION (million persons)
    • Building Construction
      • Table WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION (billion 2010 dollars)
    • Criminal Justice Trends
      • Public Safety Environment
      • Conventional Crimes
      • Terrorism & Other Nonconventional Crimes
    • Technology Trends
    • Legal & Regulatory Environment
    • Multinational Parameters
  • OVERVIEW
    • General
    • Regional Overview
      • Table WORLD SECURITY SERVICE REVENUE BY REGION (million dollars)
    • Services
      • Table WORLD SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Guard Services
        • Table WORLD SECURITY GUARD SERVICE REVENUE BY REGION (million dollars)
      • Alarm Monitoring
        • Table WORLD ALARM MONITORING SERVICE REVENUE BY REGION (million dollars)
      • Armored Transport
        • Table WORLD ARMORED TRANSPORT SERVICE REVENUE BY REGION (million dollars)
      • Private Prison Management
        • Table WORLD PRIVATE PRISON MANAGEMENT SERVICE REVENUE BY REGION (million dollars)
      • Other Security Services
        • Table WORLD OTHER SECURITY SERVICE REVENUE BY REGION (million dollars)
    • Markets
      • Table WORLD SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Commercial & Industrial
        • Table WORLD COMMERCIAL & INDUSTRIAL SECURITY SERVICE REVENUE BY REGION (million dollars)
      • Government & Institutional
        • Table WORLD GOVERNMENT & INSTITUTIONAL SECURITY SERVICE REVENUE BY REGION (million dollars)
      • Residential
        • Table WORLD RESIDENTIAL SECURITY SERVICE REVENUE BY REGION (million dollars)
  • NORTH AMERICA
    • North America: General
    • North America: Security Service Market Environment
      • Table NORTH AMERICA: SECURITY SERVICE OVERVIEW
    • North America: Security Service Outlook
      • Table NORTH AMERICA: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
    • United States
      • United States: Security Service Overview
        • Table UNITED STATES: SECURITY SERVICE OVERVIEW
      • United States: Security Service by Type
        • Table UNITED STATES: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • United States: Security Service by Market
        • Table UNITED STATES: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • United States: Service Providers
    • Canada
      • Canada: Security Service Overview
        • Table CANADA: SECURITY SERVICE OVERVIEW
      • Canada: Security Service by Type
        • Table CANADA: SECURITY SERVICE REVENUE BY TYPE (million US dollars)
      • Canada: Security Service by Market
        • Table CANADA: SECURITY SERVICE REVENUE BY MARKET (million US dollars)
      • Canada: Security Service Providers
    • Mexico
      • Mexico: Security Service Overview
        • Table MEXICO: SECURITY SERVICE OVERVIEW
      • Mexico: Security Service by Type
        • Table MEXICO: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Mexico: Security Service by Market
        • Table MEXICO: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Mexico: Security Service Providers
  • WESTERN EUROPE
    • Western Europe: General
    • Western Europe: Security Service Market Environment
      • Table WESTERN EUROPE: SECURITY SERVICE OVERVIEW
    • Western Europe: Security Service Outlook
      • Table WESTERN EUROPE: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
    • Belgium
      • Belgium: Security Service Overview
        • Table BELGIUM: SECURITY SERVICE OVERVIEW
      • Belgium: Security Service by Type
        • Table BELGIUM: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Belgium: Security Service by Market
        • Table BELGIUM: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Belgium: Security Service Providers
    • France
      • France: Security Service Overview
        • Table FRANCE: SECURITY SERVICE OVERVIEW
      • France: Security Service by Type
        • Table FRANCE: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • France: Security Service by Market
        • Table FRANCE: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • France: Security Service Providers
    • Germany
      • Germany: Security Service Overview
        • Table GERMANY: SECURITY SERVICE OVERVIEW
      • Germany: Security Service by Type
        • Table GERMANY: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Germany: Security Service by Market
        • Table GERMANY: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Germany: Security Service Providers
    • Italy
      • Italy: Security Service Overview
        • Table ITALY: SECURITY SERVICE OVERVIEW
      • Italy: Security Service by Type
        • Table ITALY: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Italy: Security Service by Market
        • Table ITALY: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Italy: Security Service Providers
    • The Netherlands
      • The Netherlands: Security Service Overview
        • Table THE NETHERLANDS: SECURITY SERVICE OVERVIEW
      • The Netherlands: Security Service by Type
        • Table THE NETHERLANDS: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • The Netherlands: Security Service by Market
        • Table THE NETHERLANDS: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • The Netherlands: Security Service Providers
    • Spain
      • Spain: Security Service Overview
        • Table SPAIN: SECURITY SERVICE OVERVIEW
      • Spain: Security Service by Type
        • Table SPAIN: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Spain: Security Service by Market
        • Table SPAIN: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Spain: Security Service Providers
    • Sweden
      • Sweden: Security Service Overview
        • Table SWEDEN: SECURITY SERVICE OVERVIEW
      • Sweden: Security Service by Type
        • Table SWEDEN: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Sweden: Security Service by Market
        • Table SWEDEN: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Sweden: Security Service Providers
    • United Kingdom
      • United Kingdom: Security Service Overview
        • Table UNITED KINGDOM: SECURITY SERVICE OVERVIEW
      • United Kingdom: Security Service by Type
        • Table UNITED KINGDOM: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • United Kingdom: Security Service by Market
        • Table UNITED KINGDOM: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • United Kingdom: Security Service Providers
    • Other Western Europe
      • Other Western Europe: Security Service Overview
        • Table OTHER WESTERN EUROPE: SECURITY SERVICE OVERVIEW
      • Other Western Europe: Security Service by Type
        • Table OTHER WESTERN EUROPE: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Other Western Europe: Security Service by Market
        • Table OTHER WESTERN EUROPE: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Other Western Europe: Security Service Providers
      • Other Western Europe: Security Service Revenue by Country
        • Table OTHER WESTERN EUROPE: SECURITY SERVICE REVENUE BY COUNTRY
  • ASIA/PACIFIC
    • Asia/Pacific: General
    • Asia/Pacific: Security Service Market Environment
      • Table ASIA/PACIFIC: SECURITY SERVICE OVERVIEW
    • Asia/Pacific: Security Service Outlook
      • Table ASIA/PACIFIC: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
    • Australia
      • Australia: Security Service Overview
        • Table AUSTRALIA: SECURITY SERVICE OVERVIEW
      • Australia: Security Service by Type
        • Table AUSTRALIA: SECURITY SERVICE REVENUE BY TYPE (million US dollars)
      • Australia: Security Service by Market
        • Table AUSTRALIA: SECURITY SERVICE REVENUE BY MARKET (million US dollars)
      • Australia: Security Service Providers
    • China
      • China: Security Service Overview
        • Table CHINA: SECURITY SERVICE OVERVIEW
      • China: Security Service by Type
        • Table CHINA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • China: Security Service by Market
        • Table CHINA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • China: Security Service Providers
    • India
      • India: Security Service Overview
        • Table INDIA: SECURITY SERVICE OVERVIEW
      • India: Security Service by Type
        • Table INDIA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • India: Security Service by Market
        • Table INDIA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • India: Security Service Providers
    • Japan
      • Japan: Security Service Overview
        • Table JAPAN: SECURITY SERVICE OVERVIEW
      • Japan: Security Service by Type
        • Table JAPAN: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Japan: Security Service by Market
        • Table JAPAN: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Japan: Security Service Providers
    • South Korea
      • South Korea: Security Service Overview
        • Table SOUTH KOREA: SECURITY SERVICE OVERVIEW
      • South Korea: Security Service by Type
        • Table SOUTH KOREA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • South Korea: Security Service by Market
        • Table SOUTH KOREA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • South Korea: Security Service Providers
    • Other Asia/Pacific
      • Other Asia/Pacific: Security Service Overview
        • Table OTHER ASIA/PACIFIC: SECURITY SERVICE OVERVIEW
      • Other Asia/Pacific: Security Service by Type
        • Table OTHER ASIA/PACIFIC: SECURITY SERVICE REVENUE BY TYPE (million dollars)
      • Other Asia/Pacific: Security Service by Market
        • Table OTHER ASIA/PACIFIC: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Other Asia/Pacific: Security Service Providers
      • Other Asia/Pacific: Security Service Revenue by Country
        • Table OTHER ASIA/PACIFIC: SECURITY SERVICE REVENUE BY COUNTRY (million dollars)
  • OTHER REGIONS
    • Central & South America
      • Central & South America: General
      • Central & South America: Security Service Market Environment
        • Table CENTRAL & SOUTH AMERICA: SECURITY SERVICE OVERVIEW
      • Central & South America: Security Service Outlook
        • Table CENTRAL & SOUTH AMERICA: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
      • Brazil
        • Table BRAZIL: SECURITY SERVICE OVERVIEW
        • Table BRAZIL: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table BRAZIL: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Other Central & South America
        • Table OTHER CENTRAL & SOUTH AMERICA: SECURITY SERVICE OVERVIEW
        • Table OTHER CENTRAL & SOUTH AMERICA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table OTHER CENTRAL & SOUTH AMERICA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
    • Eastern Europe
      • Eastern Europe: General
      • Eastern Europe: Security Service Market Environment
        • Table EASTERN EUROPE: SECURITY SERVICE OVERVIEW
      • Eastern Europe: Security Service Outlook
        • Table EASTERN EUROPE: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
      • Poland
        • Table POLAND: SECURITY SERVICE OVERVIEW
        • Table POLAND: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table POLAND: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Russia
        • Table RUSSIA: SECURITY SERVICE OVERVIEW
        • Table RUSSIA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table RUSSIA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: SECURITY SERVICE OVERVIEW
        • Table OTHER EASTERN EUROPE: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table OTHER EASTERN EUROPE: SECURITY SERVICE REVENUE BY MARKET (million dollars)
    • Africa/Mideast
      • Africa/Mideast: General
      • Africa/Mideast: Security Service Market Environment
        • Table AFRICA/MIDEAST: SECURITY SERVICE OVERVIEW
      • Africa/Mideast: Security Service Outlook
        • Table AFRICA/MIDEAST: SECURITY SERVICE REVENUE BY TYPE & MARKET (million dollars)
      • South Africa
        • Table SOUTH AFRICA: SECURITY SERVICE OVERVIEW
        • Table SOUTH AFRICA: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table SOUTH AFRICA: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Turkey
        • Table TURKEY: SECURITY SERVICE OVERVIEW
        • Table TURKEY: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table TURKEY: SECURITY SERVICE REVENUE BY MARKET (million dollars)
      • Other Africa/Mideast
        • Table OTHER AFRICA/MIDEAST: SECURITY SERVICE OVERVIEW
        • Table OTHER AFRICA/MIDEAST: SECURITY SERVICE REVENUE BY TYPE (million dollars)
        • Table OTHER AFRICA/MIDEAST: SECURITY SERVICE REVENUE BY MARKET (million dollars)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table WORLD SECURITY SERVICE REVENUE BY COMPANY, 2011 (million dollars)
    • Market Share
    • Marketing
      • Manned Security
      • Electronics Intensive Services
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • ADT Corporation
      • AlliedBarton Security Services LLC
      • Altegrity Incorporated
      • Brink's Company
      • Canadian Corps of Commissionaires
      • Central Security Patrols Company Limited
      • Corrections Corporation of America
      • Day & Zimmermann Group Incorporated
      • Garda World Security Corporation
      • GEO Group Incorporated
      • G4S plc
      • Grupo Eulen
      • Guardsmark LLC
      • ICTS Europe Holdings BV
      • ISS AS
      • Jardine Matheson Holdings Limited
      • Linfox Pty Limited
      • Loomis AB
      • Post Office Limited
      • Prosegur Compania de Seguridad SA
      • Protection One Incorporated
      • Reed Elsevier Group plc
      • Royal Mail Holdings plc
      • Secom Company Limited
      • Securitas AB
      • Securitas AG
      • Securitas Direct AB
      • Security and Intelligence Services India Limited
      • Senon Limited
      • Siemens AG
      • Sodexo
      • Sohgo Security Services Company Limited
      • Stanley Black & Decker Incorporated
      • TransNational Security Group LLC
      • Tyco International Limited
      • United Technologies Corporation
      • US Security Associates Incorporated
    • Other Security Service Companies

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