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.

Free Valuable Insights: The Private Security Market is Predict 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 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

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
3.2 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

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

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Private Security Market share by Service, 2023
FIG 6 North America Private Security Market share by Service, 2031
FIG 7 North America Private Security Market by Service, 2020 - 2031, USD Million
FIG 8 North America Private Security Market share by End User, 2023
FIG 9 North America Private Security Market share by End User, 2031
FIG 10 North America Private Security Market by End User, 2020 - 2031, USD Million
FIG 11 North America Private Security Market share by Country, 2023
FIG 12 North America Private Security Market share by Country, 2031
FIG 13 North America 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.