DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Manned Security Services Market in India 2017-2021" report to their offering.
The report forecasts that the manned security services market in India to grow at a CAGR of 15.62% during the period 2017-2021.
Manned Security Services Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion operating in this market.
Commenting on the report, an analyst from the research team said: One trend in the market is integrated facility management services for the buildings. Integrated facility management services provide all the major support services for a building under a single umbrella. This involves a single service provider hired for services like cleaning, waste management, helpdesk, HVAC maintenance, and others, along with security services.
According to the report, one driver in the market is insufficient police force to protect the country's huge population. India is a country with a population of over 1.2 billion. However, the number of police personnel employed in the country to safeguard such a huge population is less. India is at a stage where the crime rate is increasing, with an escalating feeling of being unsafe among the citizens of the country. The low police-to-people ratio results in troublemakers spoiling the peaceful environment of the country, thinking that they can easily abscond from the situation.
Further, the report states that one challenge in the market is low work wages and high attrition rate. Most security companies in India provide low work wages to their employees. This makes the employees unhappy considering the long hours they work for, giving rise to instances like inactivity, absence from service, or job attrition. The supply of manpower in manned security services generally comes from rural and interior parts of India.
- Globe Security Services
- Premier Shield
Other prominent vendors:
- Fireball Securitas
- G-7 Securitas
World Wide Security Organization (WWSO)
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/nwpwsr/manned_security