Security Services Market in India 2025-2029

Description

List of Tables

The security services market in India is forecasted to grow by USD 888.5 million during 2024-2029, accelerating at a CAGR of 4.8% during the forecast period. The report on the security services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by insufficient police force to protect huge indian population, rising urbanization in India, and increasing demand for efficient security solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	4.5%
CAGR	4.8%
Incremental Value	$888.5 mn

Technavio's security services market in India is segmented as below:

By Component

SaaS security services
Managed security services
Security consulting services
Threat intelligence security services

By End-user

Commercial buildings
Residential buildings
Industrial buildings

By Application

Critical infrastructure security
Transportation security
Event security

By Geographical Landscape

APAC

This study identifies the increasing popularity of virtual security systems as one of the prime reasons driving the security services market in India growth during the next few years. Also, integrated facility management services for buildings and rising adoption of AI and automation in security services will lead to sizable demand in the market.

The report on the security services market in India covers the following areas:

Security Services Market in India sizing
Security Services Market in India forecast
Security Services Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security services market in India vendors that include Allied Universal, Balram Corporate Services Pvt. Ltd., DSS Securitech Pvt. Ltd., Eagle Hunter Solutions Ltd., Fireball India, G 7 Securitas Group, Global Security Services, Perfect Protection India Pvt. Ltd., Premier Shield, Saksham Security Solutions Pvt. Ltd., Sarvodaya Security Service Pvt. Ltd., Shri Balaji Security Services, SIS Ltd., Sri Renuka Shakti Security Services Pvt. Ltd., Stalwart People Services India Ltd., VS4 Security and Services, and WWSO Group. Also, the security services market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74560

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Security Services Market in India 2019 - 2023
- Historic Market Size - Data Table on Security Services Market in India 2019 - 2023 ($ million)
5.2 Component segment analysis 2019 - 2023
- Historic Market Size - Component Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on security services market in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Component

8.1 Market segments
- Chart on Component - Market share 2024-2029 (%)
- Data Table on Component - Market share 2024-2029 (%)
8.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
8.3 SaaS security services - Market size and forecast 2024-2029
- Chart on SaaS security services - Market size and forecast 2024-2029 ($ million)
- Data Table on SaaS security services - Market size and forecast 2024-2029 ($ million)
- Chart on SaaS security services - Year-over-year growth 2024-2029 (%)
- Data Table on SaaS security services - Year-over-year growth 2024-2029 (%)
8.4 Managed security services - Market size and forecast 2024-2029
- Chart on Managed security services - Market size and forecast 2024-2029 ($ million)
- Data Table on Managed security services - Market size and forecast 2024-2029 ($ million)
- Chart on Managed security services - Year-over-year growth 2024-2029 (%)
- Data Table on Managed security services - Year-over-year growth 2024-2029 (%)
8.5 Security consulting services - Market size and forecast 2024-2029
- Chart on Security consulting services - Market size and forecast 2024-2029 ($ million)
- Data Table on Security consulting services - Market size and forecast 2024-2029 ($ million)
- Chart on Security consulting services - Year-over-year growth 2024-2029 (%)
- Data Table on Security consulting services - Year-over-year growth 2024-2029 (%)
8.6 Threat intelligence security services - Market size and forecast 2024-2029
- Chart on Threat intelligence security services - Market size and forecast 2024-2029 ($ million)
- Data Table on Threat intelligence security services - Market size and forecast 2024-2029 ($ million)
- Chart on Threat intelligence security services - Year-over-year growth 2024-2029 (%)
- Data Table on Threat intelligence security services - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Component
- Market opportunity by Component ($ million)
- Data Table on Market opportunity by Component ($ million)

9 Market Segmentation by End-user

9.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
9.3 Commercial buildings - Market size and forecast 2024-2029
- Chart on Commercial buildings - Market size and forecast 2024-2029 ($ million)
- Data Table on Commercial buildings - Market size and forecast 2024-2029 ($ million)
- Chart on Commercial buildings - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial buildings - Year-over-year growth 2024-2029 (%)
9.4 Residential buildings - Market size and forecast 2024-2029
- Chart on Residential buildings - Market size and forecast 2024-2029 ($ million)
- Data Table on Residential buildings - Market size and forecast 2024-2029 ($ million)
- Chart on Residential buildings - Year-over-year growth 2024-2029 (%)
- Data Table on Residential buildings - Year-over-year growth 2024-2029 (%)
9.5 Industrial buildings - Market size and forecast 2024-2029
- Chart on Industrial buildings - Market size and forecast 2024-2029 ($ million)
- Data Table on Industrial buildings - Market size and forecast 2024-2029 ($ million)
- Chart on Industrial buildings - Year-over-year growth 2024-2029 (%)
- Data Table on Industrial buildings - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

10 Market Segmentation by Application

10.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
10.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
10.3 Critical infrastructure security - Market size and forecast 2024-2029
- Chart on Critical infrastructure security - Market size and forecast 2024-2029 ($ million)
- Data Table on Critical infrastructure security - Market size and forecast 2024-2029 ($ million)
- Chart on Critical infrastructure security - Year-over-year growth 2024-2029 (%)
- Data Table on Critical infrastructure security - Year-over-year growth 2024-2029 (%)
10.4 Transportation security - Market size and forecast 2024-2029
- Chart on Transportation security - Market size and forecast 2024-2029 ($ million)
- Data Table on Transportation security - Market size and forecast 2024-2029 ($ million)
- Chart on Transportation security - Year-over-year growth 2024-2029 (%)
- Data Table on Transportation security - Year-over-year growth 2024-2029 (%)
10.5 Event security - Market size and forecast 2024-2029
- Chart on Event security - Market size and forecast 2024-2029 ($ million)
- Data Table on Event security - Market size and forecast 2024-2029 ($ million)
- Chart on Event security - Year-over-year growth 2024-2029 (%)
- Data Table on Event security - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Allied Universal
- Allied Universal - Overview
- Allied Universal - Product / Service
- Allied Universal - Key offerings
- SWOT
14.5 Balram Corporate Services Pvt. Ltd.
- Balram Corporate Services Pvt. Ltd. - Overview
- Balram Corporate Services Pvt. Ltd. - Product / Service
- Balram Corporate Services Pvt. Ltd. - Key offerings
- SWOT
14.6 DSS Securitech Pvt. Ltd.
- DSS Securitech Pvt. Ltd. - Overview
- DSS Securitech Pvt. Ltd. - Product / Service
- DSS Securitech Pvt. Ltd. - Key offerings
- SWOT
14.7 Eagle Hunter Solutions Ltd.
- Eagle Hunter Solutions Ltd. - Overview
- Eagle Hunter Solutions Ltd. - Product / Service
- Eagle Hunter Solutions Ltd. - Key offerings
- SWOT
14.8 Fireball India
- Fireball India - Overview
- Fireball India - Product / Service
- Fireball India - Key offerings
- SWOT
14.9 G 7 Securitas Group
- G 7 Securitas Group - Overview
- G 7 Securitas Group - Product / Service
- G 7 Securitas Group - Key offerings
- SWOT
14.10 Global Security Services
- Global Security Services - Overview
- Global Security Services - Product / Service
- Global Security Services - Key offerings
- SWOT
14.11 Perfect Protection India Pvt. Ltd.
- Perfect Protection India Pvt. Ltd. - Overview
- Perfect Protection India Pvt. Ltd. - Product / Service
- Perfect Protection India Pvt. Ltd. - Key offerings
- SWOT
14.12 Premier Shield
- Premier Shield - Overview
- Premier Shield - Product / Service
- Premier Shield - Key offerings
- SWOT
14.13 Saksham Security Solutions Pvt. Ltd.
- Saksham Security Solutions Pvt. Ltd. - Overview
- Saksham Security Solutions Pvt. Ltd. - Product / Service
- Saksham Security Solutions Pvt. Ltd. - Key offerings
- SWOT
14.14 Sarvodaya Security Service Pvt. Ltd.
- Sarvodaya Security Service Pvt. Ltd. - Overview
- Sarvodaya Security Service Pvt. Ltd. - Product / Service
- Sarvodaya Security Service Pvt. Ltd. - Key offerings
- SWOT
14.15 Shri Balaji Security Services
- Shri Balaji Security Services - Overview
- Shri Balaji Security Services - Product / Service
- Shri Balaji Security Services - Key offerings
- SWOT
14.16 SIS Ltd.
- SIS Ltd. - Overview
- SIS Ltd. - Business segments
- SIS Ltd. - Key offerings
- SIS Ltd. - Segment focus
- SWOT
14.17 Sri Renuka Shakti Security Services Pvt. Ltd.
- Sri Renuka Shakti Security Services Pvt. Ltd. - Overview
- Sri Renuka Shakti Security Services Pvt. Ltd. - Product / Service
- Sri Renuka Shakti Security Services Pvt. Ltd. - Key offerings
- SWOT
14.18 Stalwart People Services India Ltd.
- Stalwart People Services India Ltd. - Overview
- Stalwart People Services India Ltd. - Product / Service
- Stalwart People Services India Ltd. - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations