Market Research Reports - Ken Research Middle East Manned Guard Security Market Outlook | Page 2

The market is also segmented based on type of market structure. It is categorized into
organized and unorganized sector. Among this segmentation organized sector acquires the lion
share; this is due to government tightening of government regulations in countries such as UAE
and KSA.
Competitive Landscape
The providers of manned guard security service in Middle East sell their offerings to end users
directly. The report focuses on discussing the competitiveness of major service providers
existing in the market. The market is evenly divided among global and regional players with
regional players using the knowledge of local conditions to their benefit in order to compete
with the global players who have large resources. The report clarifies the parameters to
differentiate one competitors from others and measures through which each company can be
evaluated from the perspective of end users.
Country Profile
United Arab Emirates: The manned guard security service in UAE grew by single digit from
2012-2017. Large infrastructure growth and large number of events are the major growth
market in the country. It is among the most developed manned guard market in the Middle
East region. Both domestic and international players are active participants in the market. It is
expected that increased intervention of electronic security and close human interaction will
create increased demand for high value guards who are technically sound with good knowledge
of English language and well versed in etiquette behavior.
Future Outlook
The market for manned guard security in the region is estimated to grow by single digit five
year CAGR from 2017 to 2022. This market will be primarily driven by real estate growth in
commercial sector which will acquire majority of market share by 2022. Organized sector will
continue its dominance as the size of unorganized sector is expected to diminish. Central and
Northern region will drive majority of demand in the future.
Key Segments Covered
By End Users
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Commercial building
Government Buildings
Residential Buildings
By Market Structure