Market Share of Security Services Industry
The security services market is very competitive. The market is fragmented due to the presence of various small and large players. All the major players account for a significant market share and focus on expanding the consumer base. Some of the significant players in the market are Broadcom, Trustwave Holdings Inc., G4S Limited, Securitas Inc., Allied Universal, Unity Resource Group, Constellis, DSS Securitech Pvt. Ltd, and Fortra LLC. Companies are increasing their market share by forming multiple partnerships, collaborations, and acquisitions and investing in introducing new products to earn a competitive edge during the forecast period.
- June 2024 - Darktrace, a company that provides cybersecurity AI, announced the launch of a new service offering, Darktrace Managed Detection & Response (MDR). With this launch, the company offers detection and response capabilities across the enterprise. This augment provides internal security teams with AI-powered threat containment and expert alert management across Darktrace environments.
- January 2024 - Allied Universal announced the acquisition of the assets of J E Security Systems & Services Inc. With this acquisition, the company aims to expand its global strategy by providing customers with expanded security service offerings.
Security Services Market Leaders
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Trustwave Holdings, Inc
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G4S Limited
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Allied Universal
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Securitas, Inc
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Broadcom Inc.
*Disclaimer: Major Players sorted in no particular order
