NEW YORK, Sept. 26, 2022 /PRNewswire/ -- The Security Services Market In India report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The market share of the security services market in India is expected to decrease by USD 8.23 billion between 2021 and 2026. To get the exact yearly growth variance and the Y-O-Y growth rate, Buy Sample Report.
Security Services in India Market Segmentation
The South India segment's market share rise in India will be substantial. Due to the existence of significant metropolises like Hyderabad, Bangalore, Chennai, and Kochi, the market in South India is expanding more quickly than in other areas.
The financial, industrial, and IT sectors are making significant investments in these metropolitan areas, which is causing the area to rapidly urbanize. Private security personnel and systems are being deployed as a result of the infrastructure's quick development in order to prevent and handle security concerns and dangers like accidents. Request Free Sample Report.
Security Services in India Market Vendors
Vendors are being driven by the intensifying market rivalry to implement a variety of growth methods, such as promotional efforts and spending on advertising, to increase the exposure of their services. In order to remain competitive in the market, several suppliers are also implementing inorganic expansion tactics like M&As.
The research examines the market's competitive environment and provides details on a number of vendors, including:
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Key Market Dynamics:
The economic development of the nation and insufficient police force to protect the country's huge population are some of the key market drivers. However, factors such as low work wages and high attrition rates will challenge market growth.
The security services market in India report is segmented by End-user (Commercial buildings, Residential buildings, and Industrial buildings).
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Security Services Market In India Scope
Growth momentum & CAGR
Decelerate at a CAGR of 13.37%
Market growth 2022-2026
$ 8.23 billion
YoY growth (%)
Leading companies, competitive strategies, consumer engagement scope
Balaji Security Service Inc., Balram Corporate Services Pvt. Ltd., DSS Securitech Pvt. Ltd., Eagle Hunter Solutions Ltd., Fireball India, G 7 Securitas Group, G4S Plc, Global Security Services, Perfect Protection India Pvt Ltd, Premier Shield, Saksham Security Solutions Pvt. Ltd., Sarvodaya Security Service Pvt. Ltd., SIS Ltd., Sri Renuka Shakti Security Services Pvt. Ltd, Stalwart People Services India Ltd., Sunrise Security Services, Terrier Security Solutions, Top IPS Group, VS4 Security and Services, and WWSO Group
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Location
5.1 Market segments
5.2 Comparison by Location
5.3 South India - Market size and forecast 2021-2026
5.4 West India - Market size and forecast 2021-2026
5.5 North India - Market size and forecast 2021-2026
5.6 East India - Market size and forecast 2021-2026
5.7 Market opportunity by Location
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Commercial buildings - Market size and forecast 2021-2026
6.4 Residential buildings - Market size and forecast 2021-2026
6.5 Industrial buildings - Market size and forecast 2021-2026
6.6 Market opportunity by End-user
7 Customer Landscape
7.1 Customer landscape overview
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
8.4 Market trends
9 Vendor Landscape
9.2 Vendor landscape
9.3 Landscape disruption
9.4 Industry risks
10 Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 G4S Plc
10.4 Global Security Services
10.5 Premier Shield
10.6 Saksham Security Solutions Pvt. Ltd.
10.7 Sarvodaya Security Service Pvt. Ltd.
10.8 SIS Ltd.
10.9 Stalwart People Services India Ltd.
10.10 Terrier Security Solutions
10.11 Top IPS Group
10.12 WWSO Group
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
11.3 Currency conversion rates for US$
11.4 Research methodology
11.5 List of abbreviations
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