LAMEA 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 Latin America, Middle East and Africa Private Security Market would witness market growth of 10.1% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Private Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,099.8 Million by 2031. The Argentina market is showcasing a CAGR of 11% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9% during (2024 - 2031).

In an increasingly digitalization, cybersecurity has become vital to private security services. Many firms now offer specialized services to protect organizations from cyber threats, including data breaches, hacking, and identity theft. These services may encompass risk assessments, threat monitoring, incident response planning, and employee training on cybersecurity best practices.

Additionally, private security firms also provide consulting services to organizations looking to enhance their security posture. This includes conducting risk assessments, developing security policies, and advising on best practices for crisis management. Such consulting services are crucial for organizations navigating complex regulatory environments and seeking to mitigate potential security risks.

Integrating AI and IoT technologies into the UAE’s urban infrastructure creates new opportunities for private security firms to offer advanced and innovative security solutions. Smart city projects involve deploying sophisticated surveillance systems, automated incident response mechanisms, and real-time data analytics to monitor and manage urban environments. These technologies enable more efficient and effective security operations, reducing response times and improving safety. As the UAE continues to develop its smart cities, the demand for private security services that can leverage these advanced technologies is expected to grow.

Free Valuable Insights: The Worldwide Private Security Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Private Security Market, by Service
1.4.2 LAMEA Private Security Market, by End User
1.4.3 LAMEA 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. LAMEA Private Security Market by Service
5.1 LAMEA Manned Security Market by Country
5.2 LAMEA Electronic Security Market by Country
5.3 LAMEA Cash Handling Services Market by Country
5.4 LAMEA Other Service Market by Country

Chapter 6. LAMEA Private Security Market by End User
6.1 LAMEA Commercial Market by Country
6.2 LAMEA Industrial Market by Country
6.3 LAMEA Government Market by Country
6.4 LAMEA Residential Market by Country

Chapter 7. LAMEA Private Security Market by Country
7.1 Brazil Private Security Market
7.1.1 Brazil Private Security Market by Service
7.1.2 Brazil Private Security Market by End User
7.2 Argentina Private Security Market
7.2.1 Argentina Private Security Market by Service
7.2.2 Argentina Private Security Market by End User
7.3 UAE Private Security Market
7.3.1 UAE Private Security Market by Service
7.3.2 UAE Private Security Market by End User
7.4 Saudi Arabia Private Security Market
7.4.1 Saudi Arabia Private Security Market by Service
7.4.2 Saudi Arabia Private Security Market by End User
7.5 South Africa Private Security Market
7.5.1 South Africa Private Security Market by Service
7.5.2 South Africa Private Security Market by End User
7.6 Nigeria Private Security Market
7.6.1 Nigeria Private Security Market by Service
7.6.2 Nigeria Private Security Market by End User
7.7 Rest of LAMEA Private Security Market
7.7.1 Rest of LAMEA Private Security Market by Service
7.7.2 Rest of LAMEA 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 LAMEA Private Security Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Private Security Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Private Security Market by Service, 2020 - 2023, USD Million
TABLE 4 LAMEA Private Security Market by Service, 2024 - 2031, USD Million
TABLE 5 LAMEA Manned Security Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Manned Security Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Electronic Security Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Electronic Security Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Cash Handling Services Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Cash Handling Services Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Other Service Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Other Service Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Private Security Market by End User, 2020 - 2023, USD Million
TABLE 14 LAMEA Private Security Market by End User, 2024 - 2031, USD Million
TABLE 15 LAMEA Commercial Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Commercial Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Government Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Government Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Residential Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Residential Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Private Security Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Private Security Market by Country, 2024 - 2031, USD Million
TABLE 25 Brazil Private Security Market, 2020 - 2023, USD Million
TABLE 26 Brazil Private Security Market, 2024 - 2031, USD Million
TABLE 27 Brazil Private Security Market by Service, 2020 - 2023, USD Million
TABLE 28 Brazil Private Security Market by Service, 2024 - 2031, USD Million
TABLE 29 Brazil Private Security Market by End User, 2020 - 2023, USD Million
TABLE 30 Brazil Private Security Market by End User, 2024 - 2031, USD Million
TABLE 31 Argentina Private Security Market, 2020 - 2023, USD Million
TABLE 32 Argentina Private Security Market, 2024 - 2031, USD Million
TABLE 33 Argentina Private Security Market by Service, 2020 - 2023, USD Million
TABLE 34 Argentina Private Security Market by Service, 2024 - 2031, USD Million
TABLE 35 Argentina Private Security Market by End User, 2020 - 2023, USD Million
TABLE 36 Argentina Private Security Market by End User, 2024 - 2031, USD Million
TABLE 37 UAE Private Security Market, 2020 - 2023, USD Million
TABLE 38 UAE Private Security Market, 2024 - 2031, USD Million
TABLE 39 UAE Private Security Market by Service, 2020 - 2023, USD Million
TABLE 40 UAE Private Security Market by Service, 2024 - 2031, USD Million
TABLE 41 UAE Private Security Market by End User, 2020 - 2023, USD Million
TABLE 42 UAE Private Security Market by End User, 2024 - 2031, USD Million
TABLE 43 Saudi Arabia Private Security Market, 2020 - 2023, USD Million
TABLE 44 Saudi Arabia Private Security Market, 2024 - 2031, USD Million
TABLE 45 Saudi Arabia Private Security Market by Service, 2020 - 2023, USD Million
TABLE 46 Saudi Arabia Private Security Market by Service, 2024 - 2031, USD Million
TABLE 47 Saudi Arabia Private Security Market by End User, 2020 - 2023, USD Million
TABLE 48 Saudi Arabia Private Security Market by End User, 2024 - 2031, USD Million
TABLE 49 South Africa Private Security Market, 2020 - 2023, USD Million
TABLE 50 South Africa Private Security Market, 2024 - 2031, USD Million
TABLE 51 South Africa Private Security Market by Service, 2020 - 2023, USD Million
TABLE 52 South Africa Private Security Market by Service, 2024 - 2031, USD Million
TABLE 53 South Africa Private Security Market by End User, 2020 - 2023, USD Million
TABLE 54 South Africa Private Security Market by End User, 2024 - 2031, USD Million
TABLE 55 Nigeria Private Security Market, 2020 - 2023, USD Million
TABLE 56 Nigeria Private Security Market, 2024 - 2031, USD Million
TABLE 57 Nigeria Private Security Market by Service, 2020 - 2023, USD Million
TABLE 58 Nigeria Private Security Market by Service, 2024 - 2031, USD Million
TABLE 59 Nigeria Private Security Market by End User, 2020 - 2023, USD Million
TABLE 60 Nigeria Private Security Market by End User, 2024 - 2031, USD Million
TABLE 61 Rest of LAMEA Private Security Market, 2020 - 2023, USD Million
TABLE 62 Rest of LAMEA Private Security Market, 2024 - 2031, USD Million
TABLE 63 Rest of LAMEA Private Security Market by Service, 2020 - 2023, USD Million
TABLE 64 Rest of LAMEA Private Security Market by Service, 2024 - 2031, USD Million
TABLE 65 Rest of LAMEA Private Security Market by End User, 2020 - 2023, USD Million
TABLE 66 Rest of LAMEA 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 LAMEA 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 LAMEA Private Security Market share by Service, 2023
FIG 6 LAMEA Private Security Market share by Service, 2031
FIG 7 LAMEA Private Security Market by Service, 2020 - 2031, USD Million
FIG 8 LAMEA Private Security Market share by End User, 2023
FIG 9 LAMEA Private Security Market share by End User, 2031
FIG 10 LAMEA Private Security Market by End User, 2020 - 2031, USD Million
FIG 11 LAMEA Private Security Market share by Country, 2023
FIG 12 LAMEA Private Security Market share by Country, 2031
FIG 13 LAMEA 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.