Private Security Market to Reach $531.5 Billion, by 2032 at 7.8% CAGR: Allied Market Research [Yahoo! Finance]
ADT Inc. (ADT)
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Source: Yahoo! Finance
The increasing demand for specialized security is boosting the growth of the private security market. WILMINGTON, Del. March 7, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Private Security Market by Service (Manned Security, Electronic Security, Cash Handling Services, and Others), and End User (Residential, Commercial, Industrial, and Government): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global private security market size was valued at $241.4 billion in 2022, and is projected to reach $531.5 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032. Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A06346 Prime determinants of growth The private security market is driven by factors such as rising demand for specialized security services such as cybersecurity and risk assessment and increasing concerns over terrorism, crime rates, & cybersecurity thr
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