Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Manned Security Services Market Research Report – | Page 2

By type, the manned security services market can be segmented into equipment and
service where equipment segment is having a promising run with a projected CAGR of
6.98% to scale a market valuation of USD 4,976.9 million.
By end-users, the manned security services market includes industrial buildings,
commercial buildings, and residential buildings with industrial buildings taking charge of
the segmental growth. The sub-segment can experience a surge in demand which would
ensure an estimation of USD 4,049.2 million with a robust CAGR of 6.53% during the
forecast period. However, the fastest growing sub-segment would be commercial buildings
with a CAGR of 6.66% during the review period. Industrial buildings can be sub-segmented
into energy, construction & mining, utilities & transportation, telecommunications,
entertainment, & mass media, chemicals & pharmaceuticals, and other industrial buildings.
Commercial buildings have segments such as banks & other office buildings, shopping
centers & other public infrastructure, hospitals & educational institutions, airports, and
other commercial buildings. Residential buildings have segments such as apartments &
gated communities, individual houses, and other residential buildings.
Regional Analysis:
Region-based analysis of the industry includes namely North America, Latin America
(LATAM), Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The APAC is dominating the market significantly with 34.55% share of the global market.
The region can also expect the fastest CAGR of 6.61% during the forecast period with
several countries such as China, Japan, and India contributing in a substantial amount.
Police per capita are very few which has spurred the need for manned security services.
North America with 30.05% of the entire market is generating in substantial revenue.
Terrorist attacks in this region have significantly spurred the need for security
implementations. Furthermore, the industry in this area is well-organized and enjoys the
benefits of superior equipment. The regional market can expect an impressive 6.52% CAGR
during the forecast period.
Increasing crime rate and terrorist activities have created an expanse for the manned
security services in Europe. The regional market can expect a considerable 6.23% CAGR
during the forecast period. The Middle East and Africa (MEA) is a region rich in oil reserves
which require security services for protection, and the regional market is expecting a
substantial CAGR of 6.20% during the forecast period.
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