Saudi Arabia Physical Security Services Market (2022-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Services Type (Manned Guarding, CCTV & Electronic Security Services, Others (Cash in Transit, Traffic Management, etc.), By Application Type (Oil & Gas, Commercial Sector, Events, Banking & Financial Institutions, Residential Sector, Others (Educational Institutions, Ministry, etc.)), By Regions (Central, Eastern, Western) and Competitve landscape

Product Code: ETC4377973 Publication Date: Jan 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 73 No. of Figures: 14 No. of Tables: 9

Saudi Arabia Physical Security Services Market report comprehensively covers the market By Service Types, Applications and Regions. Saudi Arabia Physical Security Services market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia Physical Security Services Market Synopsis

Saudi Arabia Physical Security Services market

 

Saudi Arabia Physical Security Services market witnessed owing to the growth in oil & gas sector, hotels, hospitals and commercial sector on the back of strong government support to pull up the Saudi Arabia’s economy as it’s majorly driven by oil and gas sector. rising integration of electronic security such as access control and systems, video surveillance systems, alert systems, anti-theft systems etc., in the industrial sector, commercial real-estate and residential establishments, increasing investment by the private sector in institutions, and the emergence of several construction projects in the transportation sector such as Riyadh Metro would promote the deployment of physical security services in Saudi Arabia.

According to 6wresearch, the Saudi Arabia Physical Security Services Market revenue size is projected to grow at a CAGR of 8.1% from 2022E-2028F. The market would register significant growth owing to rise in number of sport and commercial events which requires strong crowd management. Additionally, owing to growing oil and gas project the demand for manned guarding is expected to boost from oil and gas sector segment of Saudi Arabia physical security service market. Additionally, rise in number of luxury and first-class hotel projects along with rising residential project in Riyadh is expected to augment demand in the coming years.

Saudi Arabia Physical Security Services market

Market by Service Types

Based on service type, manned guarding acquired the highest revenue share owing to growing demand in oil & gas sector, as manned guarding plays a pivotal role in this sector. Further, manned guarding would retain its dominancy in the forecast period due to growth in commercial and residential sector. Under the Saudi vision 2030, the government has launched “Project HQ” which aims to attract many international companies to shift their regional headquarters to Saudi Arabia by 2030. Additionally, growing hotel project in Saudi Arabia is expected to drive the demand for manned guarding in the coming years.

Market by Region Type

Based on Region type, Central region of Saudi Arabia garnered major share in the Saudi Arabia physical security services market for the year 2021 owing to the presence of majority of the commercial complexes, sports complexes and residential sector in Riyadh. The city is being the spearhead of Saudi Arabia’s economy would lead to dominate the central region of Saudi Arabia physical security services market in the forecast period. Additionally, Riyadh is expected to launch 455 villas with an ongoing housing programme for its citizens which is augmented to drive the growth of physical security market in coming years.

Saudi Arabia Physical Security Services market

 

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2021
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Saudi Arabia Physical Security Services Market Overview
  • Saudi Arabia Physical Security Services Market Outlook
  • Saudi Arabia Physical Security Services Market Forecast
  • Saudi Arabia Physical Security Services Market Ranking, By Companies
  • Historical Data and Forecast of Saudi Arabia Physical Security Services Market Revenues, for the Period 2018-2028F
  • Historical Data and Forecast of Saudi Arabia Physical Security Services Market Revenues, By Material Type, for the Period 2018-2028F
  • Historical Data and Forecast of Saudi Arabia Physical Security Services Market Revenues, By Product Type, for the Period 2018-2028F
  • Historical Data and Forecast of Saudi Arabia Physical Security Services Market Revenues, By Distribution Channel, for the Period 2018-2028F
  • Historical Data and Forecast of Saudi Arabia Physical Security Services Market Revenues, By Regions, for the Period 2018-2028F
  • Saudi Arabia Physical Security Services Market Drivers and Restraints
  • Saudi Arabia Physical Security Services Market Trends
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Market Player’s Revenue Ranking
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Services Type

  • Manned Guarding
  • CCTV & Electronic Security Services
  • Others (Cash in Transit, Traffic Management, etc.)

By Application Type

  • Oil & Gas
  • Commercial Sector
  • Events
  • Banking & Financial Institutions
  • Residential Sector
  • Others (Educational Institutions, Ministry, etc.)

By Regions

  • Central
  • Eastern
  • Western
Saudi Arabia Physical Security Services Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.
The Saudi Arabia Physical Security Services Market revenue is anticipated to record a CAGR of 8.1% during 2022-28.
By Service type, manned guarding captured the largest share in the Saudi Arabia Physical Security Services market, owing to the rise in industries, factories, and upcoming major events such as WWE crown jewel 2022, and Saudi Food Expo 2023.
The key players in the market – are Aarmtech, ETECHS, Hikvision, Cegelec Network and Security Systems – CNSS, Arabian Security & Safety Services Company (AMNCO), and G4S Limited.
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1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Robust Forecasting Model
2.6 Assumptions
3. Saudi Arabia Physical Security Services Market Overview
3.1 Saudi Arabia Physical Security Services Market Revenues, 2018-2028F
3.2 Saudi Arabia Physical Security Services Market Industry Life Cycle
3.3 Saudi Arabia Physical Security Services Market Porter’s Five Forces
4. Impact Analysis of COVID-19 on Saudi Arabia Physical Security Services Market 
5. Saudi Arabia Physical Security Services Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Saudi Arabia Physical Security Services Market Trends
7. Saudi Arabia Physical Security Services Market Overview, By Service Types
7.1 Saudi Arabia Physical Security Services Market Revenue Share, By Service Types, 2021 & 2028F
7.2 Saudi Arabia Physical Security Services Market Revenues, By Service Types, 2018-2028F
7.2.1 Saudi Arabia Physical Security Services Market Revenues, By Manned Guarding, 2018-2028F
7.2.2 Saudi Arabia Physical Security Services Market Revenues, By CCTV & Electronic Security System, 2018-2028F
7.2.3 Saudi Arabia Physical Security Services Market Revenues, By Other Service Types, 2018-2028F
8. Saudi Arabia Physical Security Services Market Overview, By Applications
8.1 Saudi Arabia Physical Security Services Market Revenue Share, By Applications, 2021 & 2028F
8.2 Saudi Arabia Physical Security Services Market Revenues, By Applications, 2018-2028F
8.2.1 Saudi Arabia Physical Security Services Market Revenues, By Commercial Sector, 2018-2028F
8.2.2 Saudi Arabia Physical Security Services Market Revenues, By Residential Sector, 2018-2028F
8.2.3 Saudi Arabia Physical Security Services Market Revenues, By Oil & Gas, 2018-2028F
8.2.4 Saudi Arabia Physical Security Services Market Revenues, By Events, 2018-2028F
8.2.5 Saudi Arabia Physical Security Services Market Revenues, By Other Applications, 2018-2028F
9. Saudi Arabia Physical Security Services Market Overview, By Regions
9.1 Saudi Arabia Physical Security Services Market Revenue Share, By Regions, 2021 & 2028F
9.2 Saudi Arabia Physical Security Services Market Revenues, By Regions, 2018-2028F
9.2.1 Saudi Arabia Physical Security Services Market Revenues, By Central Region, 2018-2028F
9.2.1 Saudi Arabia Physical Security Services Market Revenues, By Western Region, 2018-2028F
9.2.2 Saudi Arabia Physical Security Services Market Revenues, By Eastern Region, 2018-2028F
10. Saudi Arabia Physical Security Services Market- Key Performance Indicators
11. Saudi Arabia Physical Security Services Market- Opportunity Assessment
11.1 Saudi Arabia Physical Security Services Market Opportunity Assessment, By Service Types, 2028F
11.2 Saudi Arabia Physical Security Services Market Opportunity Assessment, By Applications, 2028F
11.3 Saudi Arabia Physical Security Services Market Opportunity Assessment, By Regions, 2028F
12. Saudi Arabia Physical Security Services Market Competitive Landscape
12.1 Saudi Arabia Physical Security Service Market Ranking, By Companies, 2021
12.2 Saudi Arabia Physical Security Services Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
13.1 APSG Group
13.2 Arabian Security & Safety Services Company (AMNCO)
13.3 G4S Limited.
13.4 AARMTech
13.5 ETECHS
13.6 Hyoon Security Systems
13.7 Cegelec Network and Security Systems – CNSS
13.8 Hangzhou Hikvision Digital Technology Co., Ltd.
13.9 Honeywell International Inc.
13.10 SAS Systems Engineering
14. Key Strategic Recommendations
15. Disclaimer
List of Figures
1. Saudi Arabia Physical Security Services Market Revenues, 2018-2028F ($ Million)
2. Saudi Arabia Sport Events, 2018 & 2024 ($ Billion)
3. Saudi Arabia Physical Security Services Market Revenue Share, By Service Types, 2021 & 2028F
4. Saudi Arabia Physical Security Services Market Revenue Share, By Applications, 2021 & 2028F
5. Saudi Arabia Physical Security Services Market Revenue Share, By Regions, 2021 & 2028F
6. Number of Upcoming First Class and Luxury Hotel Projects in Saudi Arabia, By Cities, 2021- 2024F
7. Saudi Arabia Upcoming First Class & Luxury Hotel Projects, 2021-2024F
8. Saudi Arabia Office Supply Space, Q4 2020-2022E (Thousand Sq.mt. GLA)
9. Saudi Arabia Residential Supply Stock, Q4 2020-2023F (Thousand Units)
10. Annual growth of residential and non-residential building industry value in Saudi Arabia from 2016 to 2023
11. Saudi Arabia Physical Security Services Market Opportunity Assessment, By Service Types, 2028F
12. Saudi Arabia Physical Security Services Market Opportunity Assessment, By Applications, 2028F
13. Saudi Arabia Physical Security Services Market Opportunity Assessment, By Regions, 2028F
14. Saudi Arabia Physical Security Service Market Revenue Ranking, By Companies, 2021
List of Tables
1. Saudi Arabia Upcoming Events 
2. Saudi Arabia Under Development Hotel Rooms, 2021
3. Upcoming Offices in Saudi Arabia, 2021-2025F
4. Saudi Arabia Major Upcoming Hotels Under the Red Sea Project, 2022
5. Saudi Arabia Upcoming Infrastructure Development Projects, (2022-2035)
6. Saudi Arabia Physical Security Services Market Revenues, By Service Types, 2018-2028F ($ Million)
7. Saudi Arabia Physical Security Services Market Revenues, By Applications, 2018-2028F ($ Million)
8. Saudi Arabia Physical Security Services Market Revenues, By Regions, 2018-2028F ($ Million)
9. Saudi Arabia Upcoming Oil and Gas Plants
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