Manned guarding is an exceedingly efficient manner of eliminating the criminal damage and theft, making it one of the most proactive security dealings that you can take against crime. It is a security service that comprises placing security guards at your premises, primarily out of hours but sometimes when staff are still prevailing.
Manned
guard security industry around Middle East accounted a single digit five-year
CAGR of throughout 2012-2017. The growth was majorly propelled by
infrastructure and real estate growth in commercial, government and residential
segment. Technological advancements and growing focus on internal security have
resulted in implementation of high-level security by the end users.
By
end user, the market is registered by requirement from commercial building,
which has a majority of share in the Middle East Manned Guard Security Market.
Government buildings also have a proficient share of the market. Residential
sector have the lowermost share in the market which is primarily owing to the
low implementation of manned guard security service in the market.
The
effective growth in number of urban populace across the globe, increasing
transition of individuals in living secure apartments and gated communities,
increasing levels of crime ratios in the economy are some of the aspects that
will probable to improve the growth of the manned guarding market in the review
period of 2020-2027. On the other hand, increasing number of training centres
along with low police per capita will further boost several opportunities that
will lead to the growth of the manned guarding market in the above mentioned review
period.
By
region, Central region of Middle East is the greatest market for manned guard
security service registering for majority of the market during 2017, followed
by Northern and Eastern region. Speedy infrastructure growth and consolidation
of the market owing to government regulations are the foremost reason behind
high requirement for manned guard security around the region.
Based
on market structure, the market is also sectored based on type of market
structure. It is categorized into organized and unorganized segment. Among this
segmentation organized sector obtains the lion share; this is owing to
government tightening of government regulations around countries such as UAE
and KSA.
In
addition, the providers of manned guard security service in Middle East sell
their proposing to end users directly. At Ken Research, the report aims on
discussing the competitiveness of foremost service providers prevailing in the
market. The market is evenly sectored among global and regional players with
regional players utilizing the knowledge of local conditions to their benefit
in order to compete with the worldwide players who have large resources. The
report also clarifies the parameters to differentiate one competitor from
others and measures through which each company can be appraised from the
perspective of end users.
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Not
only has this, the central region has the majority of the market. Most of this
requirement is created by Kingdom of Saudi Arabia. Economic diversification
steps is the foremost cause behind the great requirement. The Northern region
has the second greatest requirement for manned guard security in the whole
Middle East. Turkey market has been unfavorably affected owing to regulatory
transforms presently. The Eastern region is registered by UAE which creates
most of the requirement owing to robust infrastructure growth.
The
market for manned guard security in the region is projected to augment by
single digit five year CAGR from 2017 to 2022. This market will be principally propelled
by real estate growth in commercial sector which will obtain majority of market
share by 2022. Organized segment will continue its dominance as the size of
unorganized sector is projected to diminish. Central and Northern region will propel
majority of requirement in the future.
For More Information, refer to below link:-
Middle
East Manned Guard Security Market Research Report
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Ken Research
Ankur Gupta, Head
Marketing & Communications
