The global security service market consists of services like contract guarding, alarm monitoring services, security system integration, video surveillance services, and access control. Our research on the market landscape shows that the contract guarding segment contributes to a majority of the global market’s revenue and that is why it holds the largest share in the category. Developing countries will witness the growth of this contract guarding segment in the upcoming years. There are several factors leading to this growth, but the primary ones include the low capital requirement, ease of deployment, and low labor rates. These are the factors that will make this segment attractive for small buyers.

(Source: Global Security Service procurement market intelligence report)

Top suppliers in the global security service market

G4S

G4S provides security to people, property, and assets by understanding and mitigating security risk. It offers a variety of products and services that include systems integration, risk consulting and investigations, security software, security and professionals, and technology. G4S is committed to providing unique, relevant, essential, and modular solutions. G4S is one of the leading global, integrated security company that provides security and related services across six continents. G4S is present in around 90 countries. With more than 570,000 employees, it is the largest employer listed on the London Stock Exchange. Also, it has a secondary stock exchange listing in Copenhagen. G4S is headquartered in the UK.