Global Private Military Services Market Growth (Status and Outlook) 2025-2031

The global Private Military Services market size is predicted to grow from US$ 234700 million in 2025 to US$ 321860 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Private Military Services, referred to as PMS, are commercial firms offering a range of military-related services. These services can include combat operations, military training and advice, logistical support, personal security, and more. Essentially, private military services are for-profit organizations that provide armed forces and military expertise to clients, often at a lower cost compared to traditional government military services.

The Private Military Services (PMS) industry has undergone significant growth in recent decades, driven by the trend of increased outsourcing of military activities. This expansion has been fueled by various factors, including the large supply of discharged military personnel after the end of the Cold War, the widespread demand for these personnel from both weak states facing internal conflicts and non-state actors operating in conflict zones, as well as the increased privatization and outsourcing by governments in advanced market economies.

The Private Military Services (PMS) market is indeed characterized by a high degree of fragmentation. In 2024, the top 10 manufacturers in this industry only occupied a combined market share of 10%, indicating a highly competitive landscape with numerous players vying for market share.

Currently, the PMS market is characterized by a diverse range of services, including technical services such as information technology and equipment maintenance, operational support like facilities management and logistics, and actual armed security in conflict zones. These services are provided by a variety of private companies that offer military expertise and armed forces to clients across the globe. The demand for these services is not solely driven by outsourcing, but also by internal conflict situations where state capacity is weak or absent.

The market size of the PMS industry is substantial and continues to grow. With the increasing complexity of conflicts and the evolving needs of clients, private military companies are finding new opportunities to expand their services. The Private Military Services industry is a rapidly growing and dynamic sector that is likely to continue to expand in the coming years. With the increasing complexity of conflicts, the evolving needs of clients, and the rapid development of new technologies, private military companies are poised to play an increasingly important role in shaping the future of international security and stability.

LPI (LP Information)' newest research report, the “Private Military Services Industry Forecast” looks at past sales and reviews total world Private Military Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Private Military Services sales for 2025 through 2031. With Private Military Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Private Military Services industry.

This Insight Report provides a comprehensive analysis of the global Private Military Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Private Military Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Private Military Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Private Military Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Private Military Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Private Military Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Guard Services
Armored Transport
Others

Segmentation by Application:
Government
Commercial and Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Academi (Constellis)
Aegis Defence Services
G4S
Northrop Grumman
Triple Canopy
Control Risks
GardaWorld
Blue Hackle
Erinys International
MPRI
DynCorp International
Paladin Group
Unity Resources Group
ICTS International
AKE Group
Prosegur
Andrews International
International Intelligence Limited
Blue Mountain
Chilport
GK Sierra
L3 Technologies
Jorge Scientific Corporation
MVM, Inc.
DynCorp
KBR，Inc.
Northbridge Services Group

Please note: The report will take approximately 2 business days to prepare and deliver.