Security Guarding Services Market Report 2026

The security guarding services market size has grown strongly in recent years. It will grow from $184.33 billion in 2025 to $198.68 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increasing urbanization and commercial development, rising crime and security concerns, expansion of industrial facilities, growing use of private security services, increased demand for asset protection.

The security guarding services market size is expected to see strong growth in the next few years. It will grow to $265.2 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing adoption of AI-enabled security monitoring, rising demand for integrated physical and digital security, expansion of smart city infrastructure, growing investments in corporate security programs, increasing outsourcing of security operations. Major trends in the forecast period include increasing integration of electronic security systems, rising demand for manned and mobile guarding services, expansion of remote surveillance solutions, enhanced focus on risk assessment and incident response, growing adoption of hybrid security models.

The rising crime rates are expected to drive the growth of the security guarding services market in the coming years. Crime rates refer to the number of criminal incidents occurring within a specific population, location, and time period, and reflect how frequently crimes like theft, assault, burglary, or vandalism occur in a community. Crime rates are rising due to increasing socioeconomic instability, which creates conditions that lead to higher incidences of theft, vandalism, and other security threats. Security guarding services address this issue by providing continuous surveillance, rapid incident response, and a visible protective presence that deters criminal activities and enhances safety. For example, in January 2025, the Office for National Statistics, a UK-based government agency, reported that crime incidents in England and Wales reached an estimated 9.5 million for the year ending September 2024, representing a 12% increase compared to the previous year. Therefore, the rising crime rates are driving the growth of the security guarding services market.

Key companies in the security guarding services market are focusing on developing innovative solutions, such as advanced security guard management applications, to enhance operational efficiency, improve real-time incident tracking, and strengthen service delivery. These applications are digital platforms designed to optimize security operations, enabling real-time communication, incident reporting, workforce scheduling, GPS tracking, patrol management, and performance monitoring of security personnel. For instance, in September 2025, Fast Guard Service LLC, a US-based security company, launched the Fast Guard App to modernize security operations. The app allows for real-time guard monitoring, streamlined incident reporting, and enhanced coordination across operations. Features include GPS tracking for precise guard location monitoring, instant incident reporting with photo and video uploads, automated shift scheduling, attendance verification via geofencing, and a centralized dashboard for supervisors to manage deployments and respond to emergencies efficiently. The app also includes secure communication channels, AI-based analytics to detect operational gaps, and an integrated client portal offering live updates on patrol status and security reports.

In November 2024, ICTS Europe Holdings B.V., a France-based provider of comprehensive security solutions and manned guarding services, expanded its North American operations by acquiring First Coast Security for an undisclosed amount. This acquisition enables ICTS Europe to broaden its North American presence and integrate First Coast’s operations into its global business structure. First Coast Security Services Inc. is a US-based provider of security services, including manned guarding, mobile patrols, keyholding, and specialist physical protection for commercial and public-sector clients.

Major companies operating in the security guarding services market report are Securitas AB, Bidvest Protea Coin Security (Pty) Ltd., Prosegur Compañía de Seguridad S.A., Brinks Company, Paladin Security Group Ltd., Loomis AB, China Security & Protection Group Co. Ltd., Transguard Group LLC, Fireball Securitas Limited, ICTS International N.V., Corps Security (UK) Limited, Pinkerton Consulting & Investigations Inc., SecuriGroup Ltd., Kingdom Services Group, Allied Universal Corporation, Guardian Security Services Ltd., MEC Security Limited, Hunter Security Services, Delta Security Services, Vectis Security Ltd.

North America was the largest region in the security guarding services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security guarding services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the security guarding services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The security guarding services market includes revenues earned by entities by providing services such as security patrol services, access control services, perimeter monitoring, alarm response services, incident reporting, visitor screening, crowd management, loss prevention services, fire watch services, and asset protection 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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