Investigation And Security Services Global Market Report 2024

The in-vitro diagnostics market size has grown rapidly in recent years. It will grow from $108.07 billion in 2023 to $119.99 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historical period is due to the advancement of automated analyzers and molecular diagnostics, the aging population, disease outbreaks, healthcare regulations, and the emergence of personalized medicine.

The in-vitro diagnostics market size is expected to see rapid growth in the next few years. It will grow to $176.02 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The anticipated growth in the upcoming period can be linked to precision medicine, point-of-care testing, digital health, data analytics, and pandemic preparedness. Notable trends in the forecasted period include technological advancements, integration of digital health, personalized diagnostics, home testing kits, and molecular diagnostics.

The escalation in cybercrimes is anticipated to drive the growth of the investigation and security services market in the future. Cybercrimes encompass illicit activities carried out using computer systems, networks, or digital technologies. Investigation and security services play a vital role in preventing, detecting, responding to, and recovering from these cybercrimes. For example, according to Embroker Insurance Services LLC in June 2023, IoT cyber-attacks are predicted to double by 2025. Additionally, the Annual Cyber Threat Report 2021-2022 by the Australian Cyber Security Centre in 2022 highlighted a significant increase in cybercrime reports in Australia, reaching 76,000, indicating a 13% rise from the previous financial year. This growing prevalence of cybercrimes is a key driver behind the expansion of the investigation and security services market.

The primary types of investigation and security services comprise investigation, guard, armored car services, and security systems services. Investigations entail a comprehensive search or inspection conducted to uncover facts or other relevant information. The varied deployment types include premise and cloud systems and are employed in multiple applications, including IPS and IDS, distributed denial of services (DDoS), unified threat management (UTM), secured information and event management (SIEM), endpoint security, firewall management, and other related areas.

The investigation and security services market research report is one of a series of new reports that provides investigation and security services market statistics, including investigation and security services industry global market size, regional shares, competitors with investigation and security services market share, detailed investigation and security services market segments, market trends and opportunities, and any further data you may need to thrive in the investigation and security services industry. This investigation and security services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Investigation and security services are increasingly using machine learning technology for security purposes. Machine learning is an application that provides a system with the ability to automatically learn and improve from data collected and experienced without being explicitly programmed. Machine learning enables investigation and security companies to analyze threats and responds to attacks swiftly. For instance, French insurance and financial services company AXA IT uses cyber security software from Dark trace to deal with online threats. The cyber security from Dark trace learns how the network normally behaves and eliminates potentially dangerous anomalies and threats.

Major firms in the investigation and security services sector are rolling out cutting-edge solutions such as the New QRadar Security Suite, utilizing artificial intelligence to boost market revenues. This AI-powered security suite involves the application of AI techniques and technologies to fortify cybersecurity, threat detection, and response. For example, in April 2023, IBM, a technology company based in the US, introduced the New QRadar Security Suite. The suite's sophisticated AI and automated functionalities empower security analysts to swiftly examine high-priority incidents, automatically recognize and scrutinize threats, and uncover concealed attacks and indicators of compromise within their environments.

Providers of investigation and security services are progressively integrating analytical tools to examine cyber fraud cases. These tools are designed to collect online data from sources such as social media and websites, incorporating a data visualization dashboard for a comprehensive overview of the analyzed information. Professionals in the cybersecurity field and law enforcement agencies leverage these tools and technologies to explore, compile, and refine online data, utilizing these insights to analyze and conduct investigations on individuals. An example of such a tool is the Silo Research Toolbox, specifically used to investigate data sourced from social media platforms.

Major companies operating in the investigation and security services market include Securitas AB, G4S PLC, Secom Co. Ltd., ADT Corporation, Prosegur, The Brink's Company, GARDA WORLD, Loomis AB, ISS A/S, Nippon Express Co. Ltd., Allied Universal Security Services, Brink's Company, Prosegur Compania de Seguridad S A, GardaWorld Corporation, Protection One Alarm Monitoring Inc., Stanley Convergent Security Solutions Inc., Tyco Integrated Security LLC, SecurAmerica LLC, Andrews International LLC, Pinkerton Consulting & Investigations Inc., Hillard Heintze LLC, Kroll Associates Inc., Control Risks Group Holdings Ltd., AS Solution North America Inc., Gavin de Becker & Associates LP, Blackwater Worldwide, Triple Canopy Inc., International Intelligence Limited, Unity Resources Group, Control Risks Group, Aegis Defence Services Limited, Olive Group FZ LLC, DynCorp International LLC, Kellogg Brown and Root Inc., Signum Investigations & Protective Services Ltd.

Asia-Pacific was the largest region in the investigation and security services market in 2023. North America was the second-largest region in the investigation and security services market. The regions covered in the investigation and security services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the investigation and security services market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The investigation and security services market consists of revenues earned by entities that provide services such as investigation services, lawful interception, security guard and patrol services, and armored car services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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