Major companies in the investigation and security services market include G4S; Securitas AB; ADT Corporation; Allied Universal and ICTS Europe. The global investigation and security services market is expected to grow from $288.
New York, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Investigation And Security Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06009735/?utm_source=GNW
25 billion in 2020 to $303.58 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $417.16 billion in 2025 at a CAGR of 8%.
The investigation and security services market consists of sales of investigation and security services and related goods by entities (organizations, sole traders and partnerships) that provide investigation, guard, and armored car services; sell security systems, such as burglar and fire alarms and locking devices, along with installation, repair, or monitoring services; or provide remote monitoring of electronic security alarm systems. The investigation and security services market is segmented into investigation, guard, and armored car services; and security systems services.
Asia Pacific was the largest region in the global investigation and security services market, accounting for 34% of the market in 2020. North America was the second largest region accounting for 26% of the global investigation and security services market. Africa was the smallest region in the global investigation and security services market.
Investigation and security services companies are increasingly using analytical tools for investigations related to cyber fraud. These tools are being used to gather web data produced by social media and other websites and has a data visualization dashboard for giving the user a clear understanding of data analyzed by it. Cyber security professionals and law enforcement agencies are using these tools and technologies to search, aggregate and filter online data, analyze and investigate people. For instance, Silo Research Toolbox is a tool used for investigating information from social media platforms.
Investigation and security services are increasingly using machine learning technology for security purpose. Machine learning is an application that provides a system with the ability to automatically learn and improve from data collected and experience without being explicitly programmed. Machine learning enables investigation and security companies to analyze threats and responds to attacks swiftly. For instance, French insurance and financial services company AXA IT uses cyber security software from Darktrace to deal with online threats. The cyber security from Darktrace learns how network normally behaves and eliminates potentially dangerous anomalies and threats.
Read the full report: https://www.reportlinker.com/p06009735/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001