Executive Summary The value of global security services in 2020 is USD 24.018 billion. Rapid urbanization is one of the key factors driving market demand for security services.
New York, November 9, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "Global Security Services Market-Analysis by Service Type, End User, Region, and Country/Region: Market Insights and Forecasts and Impact of COVID- 19”-https://www.reportlinker.com/p06180324/?utm_source=GNW For example, the strongest demand growth for security system suppliers such as alarm monitoring, fire safety and building automation systems in the next few years will be affected by emerging market countries Driven by the continuous improvement of living standards. As a result, the growing middle class with asset protection in urban areas, and the increase in construction activities, especially in emerging economies, will drive the demand for security services. It is expected that China and India will become the fastest-growing national security services market in the next decade, while the United States and Europe still account for a large proportion of the global security services market. In the past decade, the global market of the security services market has been increasingly driven by technology. Advances in technology, especially advances in electronics, computer hardware and software, and sensors, have completely changed the security service scene, from physical security systems to electronic security systems. In addition, with the emergence of smart security devices and the continuous increase in Internet penetration, a large number of consumers are now turning to smart security devices, such as smart locks, smart alarms, smart sensors, etc., to monitor houses and office spaces in real time. Devices and devices in the house can be directly paired with the mobile phone, and then act as a remote control for easy setup and one-key alarm activation, and receive notifications in emergency situations. Therefore, the increasing use of smartphones by millennials is expected to drive market development in the next few years. At the same time, the government is also increasing the spending capacity of public spaces and facilities as a crime prevention measure, which will help to increase the demand for security cameras. Increasing security breaches have also prompted the government to invest in video surveillance systems. As governments and companies increase investment in security networks, more surveillance cameras will be installed globally in 2021. By the end of 2021, there will be more than 1 billion security cameras used for surveillance, which will be a significant increase from the 770 million security cameras installed today. Report Scope • This report analyzes the cement market during the historical period 2016-2020 and the forecast period 2021-2026. • The report analyzes the security services market by value (in billions of dollars). • The report analyzes the security service market by service type (maned, alarm monitoring, cash logistics, other security services). • The report analyzes the security services market by end user (residential, commercial, and government). • The global security services market has been analyzed by region (North America, Europe, Asia Pacific, LAMEA). • The global security services market has been analyzed by country (United States, Canada, Germany, United Kingdom, France, China, India, Japan, Brazil, Israel). • The key insights of the report have been presented through the SWOT analysis framework. In addition, the attractiveness of the market has been presented by region, service type and end user. • In addition, the report analyzes the main opportunities, trends, driving factors and challenges of the industry. • Reports track competitive development, strategy and new product development. The companies analyzed in the report include G4S, Prosegur, Brink, Securitas AB, ADT Corporation, Secom Co. Ltd, Securities and Intelligence Services, Johnson Controls, Seimens, Loomis. Main target audiences • Security service companies • Cash logistics companies • Consulting and consulting companies • Governments and policy makers • Regulators to read the full report: https://www.reportlinker.com/p06180324/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need-in one place instantly. __________________________
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