The global security services market size is expected to reach USD 212.36 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globalization has become an important driver behind security concerns. For instance, increasing international trade encourages more passenger and freight travel. The expansion of air, rail, road,...

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The global managed security services market size is expected to reach USD 87.5 billion by 2030, growing at a CAGR of 15.4% from 2023 to 2030, according to a recent report from Grand View Research, Inc. Factors such as the growing demand for outsourcing services across various BFSI, healthcare, manufacturing, IT & telecommunication industries, and the enterprises focus on their key...

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The global market for manned security services was valued at $16.2 billion in 2022 and is anticipated to grow at a strong compound annual growth rate (CAGR) of 15.1%, reaching $55.12 billion by 2031. From a technological perspective, the immediate reason manned security services is becoming more prevalent in defense platforms and systems is the increased availability of enabling technologies...