Global Revenues from Manned Guarding Services are projected to exceed $95 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.
Driven mainly by heightened fears of terrorism, an increase in the rate of crime, and economic growth in developing nations, revenues from the global Manned Guarding Services (inclusive of static guarding and cash-in-transit services) market are poised to $95 billion by the year 2010.
San Jose, CA (Issues Wire / PRWEB) March 18, 2008 -- A majority of customers primarily utilize manned guarding services to deter and prevent security problems, given their on-site presence and possibility of immediate response. The report analyzes the market for two primary categories of Manned Guarding Services namely static guarding and cash-in-transit (CIT) services. Analytics presented for the Manned Guarding Services market are exclusive of mobile patrol services.
Europe is the largest market for Manned Guarding Services in 2007 with an estimated global revenue share of 33% in 2007, trailed by the United States. Worldwide revenues from Static Guard Services are projected to exceed $74 billion by the year 2010. Revenues from Residential Static Guard Services in Europe totaled an estimated $1.56 billion in 2006. Commercial sector dominates the Non-Residential Static Guard services market worldwide, accounting for an estimated 48% of the total revenues in 2007. Revenues from Cash-in-Transit services in Europe totaled an estimated $4.0 billion in 2006.
Key players listed in the report include Ademco (Far East) Pte Ltd., AlliedBarton Security Services, ArmorGroup International PLC, Canadian Corps of Commissionaires, Central Security Patrols Co., Ltd., Day & Zimmermann Group, Inc., G4S PLC, Garda World Security Corporation, Guardsmark LLC, Loomis AB, Panaxia Security AB, Prosegur Cia de Seguridad, Reliance Security Group, Secom Co., Ltd., SectorGuard PLC, Securitas AB, Sohgo Security Services Company Ltd., The Brink's Company, TransNational Security Group LLC, U.S. Security Associates, Inc., UTC Fire & Security, Vector Security, Inc.
"Manned Guarding Services: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics for key regional markets such as Europe and the United States, alongside up and coming markets such as Asia-Pacific and Latin America. The report provides a comprehensive review of market trends and issues, drivers, players, competitive landscape, recent developments, mergers, acquisitions, alliances, other strategic industry activities.
Analytical estimates and projections are presented in terms of annual revenues in US$ over the years 2000 through 2010. Long-term projections have been provided for the period 2011-2015. Product categories/segments independently analyzed include Static Guard Services (Residential and Non-Residential) and Cash-in-Transit Services. Non-Residential Static Guard Services have further been analyzed by end-use sectors namely Commercial, Industrial, and Other Non-Residential Services.
For more details about this research report, please visit http://www.strategyr.com/Manned_Guarding_Services_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com
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