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.

SECOM

SECOM is a global security service company that provides a secure environment along with peace of mind and high quality to the people. It was founded in 1962 and has its headquartered in Japan. It helps customers to create a suitable security plan. It also provides security audit and management services, which are listed as its extra services.

Securitas

Securitas is a knowledge leader in the security industry and was founded in 1934. It has its headquarters in Sweden. It provides a variety of security services like On-site Guarding, Mobile Guarding, Integrated Guarding, Remote Guarding, Electronic Security, Risk Management by Pinkerton and Fire and Safety Services. Securitas is a famous international company that is known for its protective services based on technology, people, and knowledge.

Johnson Controls

Johnson Controls serves a large number of customers in more than 150 countries. This company is a global security service company and a multi-industrial leader. It was founded in 1885 and is committed to help its customers win and create greater value for all its stakeholders by focusing strategically on their buildings and energy growth platforms. Johnson Controls creates intelligent buildings, efficient energy solutions, integrated infrastructure, and next-generation transportation systems.

Prosegur

Prosegur is a global security service company, which was founded in 1976. It has its headquarters in Spain and provides security services across three lines – Prosegur Alarms, Prosegur Security, and Prosegur Cash. The security services provided are based on advanced solutions available in the market. Prosegur is committed to innovation, has a top-class team, and most importantly is a customer-focused organization.

Allied Universal

Allied Universal, a global security service company provides high-quality services, solutions, and systems to serve and care for the people and businesses. It was founded in 1957 and headquartered in the US. It provides services like access control, alarm detection, and intrusion and Video systems (IP based).

Get more insights on the market outlook of the global security service market along with pricing insights, market innovations, supply market insights, and procurement best practices in SpendEdge’s report on the global security service market.