PUBLISHER: KBV Research | PRODUCT CODE: 1587033
PUBLISHER: KBV Research | PRODUCT CODE: 1587033
North America Private Security Market Size, Share & Trends Analysis Report By Service, By End User (Commercial, Industrial, Government, and Residential), By Country and Growth Forecast, 2024 - 2031
The North America Private Security Market would witness market growth of 6.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Private Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $112,449.2 Million by 2031. The Canada market is experiencing a CAGR of 9.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.2% during (2024 - 2031).
The private security market has emerged as a critical component of contemporary society, reflecting growing concerns over safety, crime, and public order. As threats evolve, ranging from conventional crime to sophisticated cyber threats and geopolitical instability, the demand for security services has intensified across various sectors. Private security companies offer various services, including manned guarding, electronic surveillance, risk assessment, and consulting, catering to residential, commercial, and industrial clients.
Additionally, Private security firms are widely employed in commercial settings to safeguard businesses against theft, vandalism, and other criminal activities. This includes providing security personnel, installing surveillance systems, and implementing access control measures. Businesses across retail, banking, and manufacturing sectors rely on private security to protect assets, ensure employee safety, and maintain a secure customer environment.
The private security market in the USA is experiencing significant growth, driven by the rising incidence of identity theft. As per the Bureau of Justice Statistics, in 2021, approximately 23.9 million people, or 9% of U.S. residents aged 16 or older, were victims of identity theft over the previous 12 months. This alarming statistic highlights the pervasive nature of identity theft in the USA and the urgent need for enhanced security measures to protect personal information.
Based on Service, the market is segmented into Manned Security, Electronic Security, Cash Handling Services, and Other Service. Based on End User, the market is segmented into Commercial, Industrial, Government, and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Allied Universal
- Prosegur
- Brink's Incorporated (Brink's)
- Garda World Security Corporation (GardaWorld) (BC Partners)
- Securitas AB
- ADT, Inc.
- Secom Co. Ltd.
- Convergint Technologies LLC
- Loomis AB
- ISS A/S
North America Private Security Market Report Segmentation
By Service
- Manned Security
- Electronic Security
- Cash Handling Services
- Other Service
By End User
- Commercial
- Industrial
- Government
- Residential
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Private Security Market, by Service
- 1.4.2 North America Private Security Market, by End User
- 1.4.3 North America Private Security Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Private Security Market
Chapter 5. North America Private Security Market by Service
- 5.1 North America Manned Security Market by Country
- 5.2 North America Electronic Security Market by Country
- 5.3 North America Cash Handling Services Market by Country
- 5.4 North America Other Service Market by Country
Chapter 6. North America Private Security Market by End User
- 6.1 North America Commercial Market by Country
- 6.2 North America Industrial Market by Country
- 6.3 North America Government Market by Country
- 6.4 North America Residential Market by Country
Chapter 7. North America Private Security Market by Country
- 7.1 US Private Security Market
- 7.1.1 US Private Security Market by Service
- 7.1.2 US Private Security Market by End User
- 7.2 Canada Private Security Market
- 7.2.1 Canada Private Security Market by Service
- 7.2.2 Canada Private Security Market by End User
- 7.3 Mexico Private Security Market
- 7.3.1 Mexico Private Security Market by Service
- 7.3.2 Mexico Private Security Market by End User
- 7.4 Rest of North America Private Security Market
- 7.4.1 Rest of North America Private Security Market by Service
- 7.4.2 Rest of North America Private Security Market by End User
Chapter 8. Company Profiles
- 8.1 Garda World Security Corporation (GardaWorld) (BC Partners)
- 8.1.1 Company Overview
- 8.1.2 Recent strategies and developments:
- 8.1.2.1 Partnerships, Collaborations, and Agreements:
- 8.1.2.2 Product Launches and Product Expansions:
- 8.1.2.3 Acquisition and Mergers:
- 8.1.3 SWOT Analysis
- 8.2 Securitas AB
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Recent strategies and developments:
- 8.2.4.1 Acquisition and Mergers:
- 8.2.5 SWOT Analysis
- 8.3 Brink's Incorporated (Brink's)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.3.4 Recent strategies and developments:
- 8.3.4.1 Partnerships, Collaborations, and Agreements:
- 8.3.4.2 Acquisition and Mergers:
- 8.3.5 SWOT Analysis
- 8.4 Prosegur
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Recent strategies and developments:
- 8.4.4.1 Partnerships, Collaborations, and Agreements:
- 8.4.4.2 Product Launches and Product Expansions:
- 8.4.5 SWOT Analysis
- 8.5 Allied Universal
- 8.5.1 Company Overview
- 8.5.2 Recent strategies and developments:
- 8.5.2.1 Partnerships, Collaborations, and Agreements:
- 8.5.2.2 Acquisition and Mergers:
- 8.5.3 SWOT Analysis
- 8.6 ADT, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental Analysis
- 8.6.4 SWOT Analysis
- 8.7 Secom Co. Ltd.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 SWOT Analysis
- 8.8 Convergint Technologies LLC
- 8.8.1 Company Overview
- 8.9 Loomis AB
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.10. ISS A/S
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Regional Analysis
LIST OF TABLES
- TABLE 1 North America Private Security Market, 2020 - 2023, USD Million
- TABLE 2 North America Private Security Market, 2024 - 2031, USD Million
- TABLE 3 North America Private Security Market by Service, 2020 - 2023, USD Million
- TABLE 4 North America Private Security Market by Service, 2024 - 2031, USD Million
- TABLE 5 North America Manned Security Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Manned Security Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Electronic Security Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Electronic Security Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Cash Handling Services Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Cash Handling Services Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Other Service Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Other Service Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Private Security Market by End User, 2020 - 2023, USD Million
- TABLE 14 North America Private Security Market by End User, 2024 - 2031, USD Million
- TABLE 15 North America Commercial Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Commercial Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Industrial Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Industrial Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Government Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Government Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Residential Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Residential Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Private Security Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Private Security Market by Country, 2024 - 2031, USD Million
- TABLE 25 US Private Security Market, 2020 - 2023, USD Million
- TABLE 26 US Private Security Market, 2024 - 2031, USD Million
- TABLE 27 US Private Security Market by Service, 2020 - 2023, USD Million
- TABLE 28 US Private Security Market by Service, 2024 - 2031, USD Million
- TABLE 29 US Private Security Market by End User, 2020 - 2023, USD Million
- TABLE 30 US Private Security Market by End User, 2024 - 2031, USD Million
- TABLE 31 Canada Private Security Market, 2020 - 2023, USD Million
- TABLE 32 Canada Private Security Market, 2024 - 2031, USD Million
- TABLE 33 Canada Private Security Market by Service, 2020 - 2023, USD Million
- TABLE 34 Canada Private Security Market by Service, 2024 - 2031, USD Million
- TABLE 35 Canada Private Security Market by End User, 2020 - 2023, USD Million
- TABLE 36 Canada Private Security Market by End User, 2024 - 2031, USD Million
- TABLE 37 Mexico Private Security Market, 2020 - 2023, USD Million
- TABLE 38 Mexico Private Security Market, 2024 - 2031, USD Million
- TABLE 39 Mexico Private Security Market by Service, 2020 - 2023, USD Million
- TABLE 40 Mexico Private Security Market by Service, 2024 - 2031, USD Million
- TABLE 41 Mexico Private Security Market by End User, 2020 - 2023, USD Million
- TABLE 42 Mexico Private Security Market by End User, 2024 - 2031, USD Million
- TABLE 43 Rest of North America Private Security Market, 2020 - 2023, USD Million
- TABLE 44 Rest of North America Private Security Market, 2024 - 2031, USD Million
- TABLE 45 Rest of North America Private Security Market by Service, 2020 - 2023, USD Million
- TABLE 46 Rest of North America Private Security Market by Service, 2024 - 2031, USD Million
- TABLE 47 Rest of North America Private Security Market by End User, 2020 - 2023, USD Million
- TABLE 48 Rest of North America Private Security Market by End User, 2024 - 2031, USD Million
- TABLE 49 Key Information - Garda World Security Corporation
- TABLE 50 Key Information - Securitas AB
- TABLE 51 Key Information - Brink's Incorporated
- TABLE 52 Key Information - Prosegur
- TABLE 53 Key Information - Allied Universal
- TABLE 54 Key Information - ADT Inc.
- TABLE 55 Key Information - Secom Co. Ltd.
- TABLE 56 Key Information - Convergint Technologies LLC
- TABLE 57 Key Information - Loomis AB
- TABLE 58 Key Information - ISS A/S
