Securitas security Las Vegas

Opportunity for Growth

Securitas is a leading security services provider with a strong position throughout Europe, North America and Latin America, as well as on growth markets in Africa, the Middle East, Asia and Australia.

Market growth

On the whole, the global security services sector employs several million people. Manned guarding is still the most widely used security service globally and remains a cornerstone of Securitas' business. Geographically, regional markets differ significantly in terms of maturity and pace of growth. The demand for security services is closely linked to global economic development as well as social and demographical trends.

The global security market is expected to grow at an annual rate in the range of 5 percent in the coming years up to 2020. While growth is generally higher in emerging economies, volumes and large contracts are still confined to relatively mature markets.

Key market trends and developments

Technology development is changing the security industry. As better infrastructure continues to improve connectivity between hardware, software, and people, technology is creating growth opportunities everywhere. While developments affect the entire industry, certain markets are more technically mature than others.

Globally, the number of areas requiring professional security is on the rise. At the same time, more operations are experiencing sensitivity to disturbances.

An important global demand driver for security services derives from the new and complex threats that the police and other authorities are facing, many times in combination with budget restraints. As a result, authorities are increasingly seeking ways to cooperate with the private security industry, recognizing the potential gains of outsourcing certain parts of their tasks.

Securitas' growth opportunities:

  • Increasing the use of technology
  • Developing more customized and cost-effective services
  • Providing more risk management services
  • Continuing to establish presence in developing markets
  • Creating services that support authorities

Click here to read more about opportunities for growth in our Annual Report 2017

 

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