What is Private Detective Services Market?
Private detective service providers conduct private investigations and inquiries in cases like insurance matters, divorce matters, criminal cases for a specific individual or group. They provide services for personal investigation & corporate investigation. Private detective service providers have a good connection with the government institutes and have enough knowledge of law and order. These companies interview people to gather information, search online, public, and court records to uncover clues, conduct surveillance, collect evidence for clients and check for civil judgement and criminal history.
The market study is being classified by Type (Personal Detective Services (Pre-matrimonial Investigation, Post-matrimonial Investigation, Divorce Case, Loyalty Test Investigation, Litigation Support Services, and Others) and Corporate Detective Services (Asset Verification Services, Post-employment Investigation, Missing Person Investigation, Employee Theft Investigation, Insurance Claim Investigation, and Others)), by Application (Personal and Business) and major geographies with country level break-up.
Pinkerton(Securitas AB) (United States), Integrity Investigation Services Pvt. Ltd. (India), ELPS Private Detective Agency (United States), Specialised Investigation Services Ltd (United Kingdom), Martin Investigative Services (United States), Reynolds Confidential Ltd (United Kingdom), Insight Investigations (United Kingdom), RCI détectives (France), corma GmbH (Germany) and DIGITPOL (Netherlands) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Wilsons Detectives (United Kingdom) and Conflict International (United Kingdom).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United Kingdom Vendors will contribute to the maximum growth of Global Private Detective Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Private Detective Services market by Type, Application and Region.
On the basis of geography, the market of Private Detective Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Private Detective Services for Personal and Corporate Matters
- Rising Need for Private Investigations
Market Trend
- Increasing Awareness about Private Detective Services among People
Restraints
- Private Investigators Charge High Hourly Rates
Opportunities
- Growth in the Service Industry
- Increasing Preference for Hiring Private Detectives
Challenges
- Rules and Regulations in Some Regions may Hamper the Private Detective Services
Key Target Audience
Private Detective Services Providers, Emerging Companies, Research Professionals and End-users