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Security services market size worldwide by region 2011-2019

Europe maintained the largest security services market of any region in 2019, valued at 36 billion U.S. dollars. In that year, Asia overtook North America to become the second largest market, valued at 36 billion U.S. dollars.

Security services

The security services market can be broadly divided into three main segments: security systems (for example for home or commercial real estate), private security guards and security consulting services. There is much cross over between these segments, for example with security guards being part of an overall security system, which in turn was created through security consulting services. IT security is also sometimes included as part of the security services industry but not always. Taken alone, IT security has a similar total market value to the entire traditional security services industry.

Global leaders

The global security services market is very concentrated, with there being four main multinational providers. Securitas and G4S are the largest of these four; both companies reporting in 2019 revenue streams of over 10 billion U.S. dollars. Prosegur and Allied Universal are the other two main global companies, who both reported over five billion U.S. dollars in revenue for 2018. There are other large security companies but they do not operate in multiple regions. For example, ADT are also a multi-billion dollar security provider but their services are limited to the North American market.

Size of the security services market worldwide from 2011 to 2019, by region (in billion U.S. dollars)*

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Release date

March 2020



Survey time period

2011 to 2019

Supplementary notes

* Outsourced guarding: includes markets where Securitas is not present.
Data for 2016 was not available. Data prior to 2018 were taken from previous reports.

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Statistics on "Security services in the U.S."

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