The Europe Private Security Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Private Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $28,426 Million by 2031. The UK market is exhibiting a CAGR of 6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7.9% during (2024 - 2031).
The adoption of private security services has accelerated in recent years, driven by several factors. Increasing crime rates in urban areas have led individuals and organizations to seek additional security measures. The fear of theft, burglary, and violent crime has prompted greater reliance on private security firms, making them an integral part of safety strategies.
Moreover, Businesses recognize their responsibility to provide a safe environment for employees and customers. This awareness has resulted in heightened investment in security services to protect physical assets, ensure compliance with regulations, and enhance corporate reputation.
The surge in violent and property crimes in Europe has fostered a climate of fear and uncertainty, prompting many individuals and businesses to prioritize security like never before. As reported by Eurostat, the 4.4% increase in intentional homicides in 2022 raises serious concerns about personal safety, pushing citizens to seek out private security services. This transition is particularly apparent in urban areas, where crime rates are frequently elevated, and residents experience increased vulnerability. Private security companies are responding to this demand by offering various services, including personal protection, residential security, and event management, catering to the heightened desire for safety.
Free Valuable Insights: The Global Private Security Market will Hit USD 437.8 Billion by 2031, at a CAGR of 7.4%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Private Security Market, by Service
1.4.2 Europe Private Security Market, by End User
1.4.3 Europe 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
3.2 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. Europe Private Security Market by Service
5.1 Europe Manned Security Market by Country
5.2 Europe Electronic Security Market by Country
5.3 Europe Cash Handling Services Market by Country
5.4 Europe Other Service Market by Country
Chapter 6. Europe Private Security Market by End User
6.1 Europe Commercial Market by Country
6.2 Europe Industrial Market by Country
6.3 Europe Government Market by Country
6.4 Europe Residential Market by Country
Chapter 7. Europe Private Security Market by Country
7.1 Germany Private Security Market
7.1.1 Germany Private Security Market by Service
7.1.2 Germany Private Security Market by End User
7.2 UK Private Security Market
7.2.1 UK Private Security Market by Service
7.2.2 UK Private Security Market by End User
7.3 France Private Security Market
7.3.1 France Private Security Market by Service
7.3.2 France Private Security Market by End User
7.4 Russia Private Security Market
7.4.1 Russia Private Security Market by Service
7.4.2 Russia Private Security Market by End User
7.5 Spain Private Security Market
7.5.1 Spain Private Security Market by Service
7.5.2 Spain Private Security Market by End User
7.6 Italy Private Security Market
7.6.1 Italy Private Security Market by Service
7.6.2 Italy Private Security Market by End User
7.7 Rest of Europe Private Security Market
7.7.1 Rest of Europe Private Security Market by Service
7.7.2 Rest of Europe 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
TABLE 1 Europe Private Security Market, 2020 - 2023, USD Million
TABLE 2 Europe Private Security Market, 2024 - 2031, USD Million
TABLE 3 Europe Private Security Market by Service, 2020 - 2023, USD Million
TABLE 4 Europe Private Security Market by Service, 2024 - 2031, USD Million
TABLE 5 Europe Manned Security Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Manned Security Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Electronic Security Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Electronic Security Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Cash Handling Services Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Cash Handling Services Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Other Service Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Other Service Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Private Security Market by End User, 2020 - 2023, USD Million
TABLE 14 Europe Private Security Market by End User, 2024 - 2031, USD Million
TABLE 15 Europe Commercial Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Commercial Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Industrial Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Industrial Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Government Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Government Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Residential Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Residential Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Private Security Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Private Security Market by Country, 2024 - 2031, USD Million
TABLE 25 Germany Private Security Market, 2020 - 2023, USD Million
TABLE 26 Germany Private Security Market, 2024 - 2031, USD Million
TABLE 27 Germany Private Security Market by Service, 2020 - 2023, USD Million
TABLE 28 Germany Private Security Market by Service, 2024 - 2031, USD Million
TABLE 29 Germany Private Security Market by End User, 2020 - 2023, USD Million
TABLE 30 Germany Private Security Market by End User, 2024 - 2031, USD Million
TABLE 31 UK Private Security Market, 2020 - 2023, USD Million
TABLE 32 UK Private Security Market, 2024 - 2031, USD Million
TABLE 33 UK Private Security Market by Service, 2020 - 2023, USD Million
TABLE 34 UK Private Security Market by Service, 2024 - 2031, USD Million
TABLE 35 UK Private Security Market by End User, 2020 - 2023, USD Million
TABLE 36 UK Private Security Market by End User, 2024 - 2031, USD Million
TABLE 37 France Private Security Market, 2020 - 2023, USD Million
TABLE 38 France Private Security Market, 2024 - 2031, USD Million
TABLE 39 France Private Security Market by Service, 2020 - 2023, USD Million
TABLE 40 France Private Security Market by Service, 2024 - 2031, USD Million
TABLE 41 France Private Security Market by End User, 2020 - 2023, USD Million
TABLE 42 France Private Security Market by End User, 2024 - 2031, USD Million
TABLE 43 Russia Private Security Market, 2020 - 2023, USD Million
TABLE 44 Russia Private Security Market, 2024 - 2031, USD Million
TABLE 45 Russia Private Security Market by Service, 2020 - 2023, USD Million
TABLE 46 Russia Private Security Market by Service, 2024 - 2031, USD Million
TABLE 47 Russia Private Security Market by End User, 2020 - 2023, USD Million
TABLE 48 Russia Private Security Market by End User, 2024 - 2031, USD Million
TABLE 49 Spain Private Security Market, 2020 - 2023, USD Million
TABLE 50 Spain Private Security Market, 2024 - 2031, USD Million
TABLE 51 Spain Private Security Market by Service, 2020 - 2023, USD Million
TABLE 52 Spain Private Security Market by Service, 2024 - 2031, USD Million
TABLE 53 Spain Private Security Market by End User, 2020 - 2023, USD Million
TABLE 54 Spain Private Security Market by End User, 2024 - 2031, USD Million
TABLE 55 Italy Private Security Market, 2020 - 2023, USD Million
TABLE 56 Italy Private Security Market, 2024 - 2031, USD Million
TABLE 57 Italy Private Security Market by Service, 2020 - 2023, USD Million
TABLE 58 Italy Private Security Market by Service, 2024 - 2031, USD Million
TABLE 59 Italy Private Security Market by End User, 2020 - 2023, USD Million
TABLE 60 Italy Private Security Market by End User, 2024 - 2031, USD Million
TABLE 61 Rest of Europe Private Security Market, 2020 - 2023, USD Million
TABLE 62 Rest of Europe Private Security Market, 2024 - 2031, USD Million
TABLE 63 Rest of Europe Private Security Market by Service, 2020 - 2023, USD Million
TABLE 64 Rest of Europe Private Security Market by Service, 2024 - 2031, USD Million
TABLE 65 Rest of Europe Private Security Market by End User, 2020 - 2023, USD Million
TABLE 66 Rest of Europe Private Security Market by End User, 2024 - 2031, USD Million
TABLE 67 Key Information – Garda World Security Corporation
TABLE 68 Key Information – Securitas AB
TABLE 69 Key Information – Brink's Incorporated
TABLE 70 Key Information – Prosegur
TABLE 71 Key Information – Allied Universal
TABLE 72 Key Information – ADT Inc.
TABLE 73 Key Information – Secom Co. Ltd.
TABLE 74 Key Information – Convergint Technologies LLC
TABLE 75 Key Information – Loomis AB
TABLE 76 Key Information – ISS A/S
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Private Security Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Private Security Market
FIG 4 Porter’s Five Forces Analysis – Private Security Market
FIG 5 Europe Private Security Market share by Service, 2023
FIG 6 Europe Private Security Market share by Service, 2031
FIG 7 Europe Private Security Market by Service, 2020 - 2031, USD Million
FIG 8 Europe Private Security Market share by End User, 2023
FIG 9 Europe Private Security Market share by End User, 2031
FIG 10 Europe Private Security Market by End User, 2020 - 2031, USD Million
FIG 11 Europe Private Security Market share by Country, 2023
FIG 12 Europe Private Security Market share by Country, 2031
FIG 13 Europe Private Security Market by Country, 2020 - 2031, USD Million
FIG 14 Recent strategies and developments: Garda World Security Corporation
FIG 15 SWOT Analysis: GARDA WORLD SECURITY CORPORATION
FIG 16 SWOT Analysis: Securitas AB
FIG 17 Recent strategies and developments: Brink's, Incorporated
FIG 18 SWOT Analysis: Brink's Incorporated
FIG 19 Recent strategies and developments: Prosegur
FIG 20 SWOT Analysis: Prosegur
FIG 21 Recent strategies and developments: Allied Universal
FIG 22 SWOT Analysis: Allied Universal
FIG 23 SWOT Analysis: ADT, Inc.
FIG 24 SWOT Analysis: Secom Co. Ltd.