About Security Services Industry
Security services refer to armed/unarmed and manned or technology-driven surveillance measures that protect an individual, organization, or government using guard and patrol services, armored car services, and security systems such as CCTVs and RFID tags. The spend momentum of this industry will be attributed to the increasing demand for the video surveillance segment owing to its ability to cover a wider area and ease of deployment.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Security Services Industry. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Security Services Industry, provides up-to-date information about industry shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Security services refer to armed/unarmed and manned or technology-driven surveillance measures that protect an individual, organization, or government using guard and patrol services, armored car services, and security systems such as CCTVs and RFID tags. The spend momentum of this industry will be attributed to the increasing demand for the video surveillance segment owing to its ability to cover a wider area and ease of deployment.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Security Services Industry. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Security Services Industry, provides up-to-date information about industry shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increase in immigration
Category management strategy
- Give high importance to suppliers' ability to leverage technology to reduce the costs associated with manned security solutions
Procurement best practices
- Develop a risk profile of risks faced by organizations
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
PART 13: Appendix
Executive Summary
The following companies as the key suppliers in the Global Security Services Category - Procurement Market Intelligence Report: G4S Plc, Secom Co. Ltd, Securitas AB, Johnson Controls International Plc, Prosegur Compañía de Seguridad SA, Allied Universal.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to conduct a cost-benefit analysis for manned vs unmanned security.”
According to the report, one of the key growth contributors for the global security services market is the increasing demand for the video surveillance segment.
Further, the report states that one of the key category management strategies for the buyers in the global security services industry is to give high importance to TCO in suppliers' evaluation
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- G4S Plc
- Secom Co. Ltd
- Securitas AB
- Johnson Controls International Plc
- Prosegur Compañía de Seguridad SA
- Allied Universal.
Methodology
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