What is Private Bodyguard Service?
The private bodyguard service is provided by the number of companies, the bodyguards are trained specially for the various type of situations. The service is used by VIPs, celebrities, artists, politicians, etc to protect themselves from any mishap as they are public figures. The services are provided according to the national and international threats possibilities.
The market study is broken down by Type (Service and Equipment), by Application (Commercial and Personal) and major geographies with country level break-up.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Private Bodyguard Service market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
G4S plc (United Kingdom), Securitas AB (Sweden), Allied Universal (United States), U.S. Security Associates (United States), SIS Group Enterprise (India), TOPSGRUP (India), Transguard Group LLC (UAE), ICTS Europe (France), Axis Protection, LLC (United States), Fast Guard Service (United States), Control Risks (United Kingdom) and China Security & Protection Group Co.,Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Private Bodyguard Service market by Type, Application and Region.
On the basis of geography, the market of Private Bodyguard Service 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). If we see Market by Service, the sub-segment i.e. Technical Security Service will boost the Private Bodyguard Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. VIP will boost the Private Bodyguard Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 21st November 2019, Allied Universal, a leading security and facility services company in North America, and SOS Security, a renowned provider of global security services, announced that a definitive agreement has been executed with respect to a transformational merger that creates a security leader in North America and beyond.
Market Trend
- Increasing Use of Private Bodyguard Service Among the Celebrities and Politicians
Market Drivers
- Rising Number of Crimes Alerting the Celebrities and VIPs
- Need for the Protection and Preventing any Mishap Requires the Bodyguard Service
Opportunities
- Surging Demand for the Private Bodyguard Service in Developed Nations in Media and Entertainment Industry
Restraints
- High Cost Associated with the Private Bodyguard Service
Challenges
- Stringent Regulatory Guidelines on the Private Bodyguard Service
Key Target Audience
Private Bodyguard Service Providers, Private Bodyguard Service Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.