Argentina Manned Security Services Market Research Report: By Type (Equipment, Service) andBy Distribution Channel (Industrial Buildings, Commercial Buildings, Residential Buildings)- Forecast to 2035

Argentina Manned Security Services Market Overview

Argentina Manned Security Services Market Size was estimated at 400.93 (USD Million) in 2023.The Argentina Manned Security Services Market Industry is expected to grow from 446.63(USD Million) in 2024 to 1,345.9 (USD Million) by 2035. The Argentina Manned Security Services Market CAGR (growth rate) is expected to be around 10.548% during the forecast period (2025 - 2035).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Argentina Manned Security Services Market Trends Highlighted

The Argentina Manned Security Services Market is growing quickly because companies and people are worried about their safety. High crime rates in cities and the need to safeguard property are two of the main reasons why many businesses hire people to provide security services as a way to avoid crime. This growing need is not just visible in the private sector but also in schools, hospitals, and government buildings that need better security measures. Also, the need for better security measures is related to current economic problems, which is why businesses are looking for secure and effective ways to keep people safe.

There are also a lot of big chances to be had, especially when it comes to combining technology with security services that use people. Many security companies in Argentina are starting to use more modern monitoring and communication techniques to improve the services they provide. This development shows that more and more people are seeing how technology can work with people to make security more complete. There is also the chance to specialize in areas like event security and executive protection since these fields continue to need unique solutions. The industry has recently leaned toward more professional training and certifications for security staff, which is important for fulfilling the changing expectations of customers.

Agencies that hire well-trained workers are likely to have an advantage over other organizations that want to raise their security standards. In general, the Argentina Manned Security Services Market is going to change. It will focus on combining conventional manned security with new methods and using focused tactics to solve the country's security problems.

Argentina Manned Security Services Market Drivers

Increasing Crime Rates Driving Security Demand

Argentina has seen a noticeable increase in crime rates, particularly in urban areas. Official government statistics show that in the past decade, violent crimes have surged by over 25%, with Buenos Aires experiencing the highest rates of theft, robbery, and assaults. This alarming trend has pushed businesses and residential complexes to prioritize security measures, substantially boosting the demand for manned security services in the Argentina Manned Security Services Market Industry.Companies like Prosegur and Grupo Sancor Seguros have responded to this growing need by expanding their service offerings and presence in the country. As the public becomes more conscious of safety, reliance on professional security personnel is expected to rise, augmenting market growth.

Corporate Investment in Security Solutions

As Argentina's economy recovers, private sector investments in security are increasing. The Chamber of Commerce of Argentina has indicated that in 2022 alone, investment in security solutions, including manned services, grew by approximately 15%. This trend is fueled by businesses seeking to protect their assets and ensure the safety of their employees amid growing concerns over public safety. Major corporations, such as Banco Santander Ro and Telecom Argentina, are implementing comprehensive security measures that include manned security services, thereby energizing the Argentina Manned Security Services Market Industry.The anticipated rise in corporate security spending further solidifies the market's growth trajectory.

Government Initiatives Promoting Security Service Investments

The Argentine government has recognized the importance of enhanced security measures and has initiated several policies to boost the security sector. The introduction of the Public Safety Policy in 2020 aimed at reducing crime rates through public-private partnerships has encouraged companies to invest in manned security services. Reports suggest that initial funding allocated for security enhancements in urban areas has increased by approximately 20% year-on-year.Established firms like G4S have begun to align their services with government objectives, thus positioning themselves advantageously within the Argentina Manned Security Services Market Industry. These government initiatives are crucial in fostering a conducive environment for market expansion.

Argentina Manned Security Services Market Segment Insights

Manned Security Services Market Type Insights

The Argentina Manned Security Services Market showcases a diverse Type segmentation, primarily categorized into Equipment and Service. As the nation prioritizes safety and security, the demand for various manned security services has seen significant traction. Equipment plays a crucial role, as advanced technology and physical security measures are essential in ensuring effective protection across various sectors, including residential, commercial, and governmental domains. The growing emphasis on surveillance systems, access control devices, and alarm systems underscores the increasing investment in security infrastructure, driving the Equipment aspect of the market.Meanwhile, the Service component includes manned guarding, security consultancy, and risk assessment services, which contribute to enhanced safety protocols and the overall security environment in Argentina.

The blending of these two segments is significant, as the Equipment provides the necessary tools for effective implementation, while Service ensures that these tools are operated by skilled professionals trained to handle diverse security challenges. The integration of both elements is not only vital for immediate safety concerns but also for long-term strategic security planning in a country that faces various threats.This market is progressively adapting to new challenges and technologies, where the demand points toward integrated solutions that combine Equipment and Service for comprehensive security strategies. As urbanization accelerates and socio-economic factors evolve, the Argentina Manned Security Services Market is set to reflect those changes through increased investment and development in both Equipment and Service types, ultimately aiming to elevate the overall security landscape in the nation.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Manned Security Services Market Distribution Channel Insights

The Distribution Channel segment within the Argentina Manned Security Services Market plays a crucial role in addressing the diverse security needs of various building types, prominently including Industrial Buildings, Commercial Buildings, and Residential Buildings. Industrial Buildings represent critical infrastructure requiring specialized security measures due to their role in manufacturing and warehousing, making them a significant focus for manned security services. The Commercial Buildings segment acts as a vital hub for businesses and retail operations, necessitating robust security solutions to ensure the safety of personnel and assets.Meanwhile, Residential Buildings are increasingly prioritizing security systems, reflecting growing concerns regarding safety and crime throughout Argentina. The distribution strategies employed in these segments are essential in promoting effective deployment and accessibility of security personnel, ultimately aiding in risk management and enhancing public safety. Given the rise in urbanization and economic activity in Argentina, the demand for comprehensive security solutions across these building types is anticipated to grow steadily, underscoring their importance within the broader market context.

Argentina Manned Security Services Market Key Players and Competitive Insights:

The Argentina Manned Security Services Market is characterized by a growing demand for protection against increasing crime rates and security threats while businesses and individuals are seeking reliable security solutions. This market landscape is influenced by several factors including socio-economic conditions, regulatory frameworks, and evolving security concerns due to technological advancements. Competitive dynamics within the sector involve various players striving to offer innovative, comprehensive, and client-focused security services. The competition includes not only local firms but also international players that enhance the market’s vibrancy through diverse service offerings, advanced technology integrations, and strategic partnerships. Understanding the competitive insights within the Argentina manned security services market involves a deep dive into how companies differentiate themselves, meet customer expectations, and adapt to changing market conditions.Prosegur has secured a significant foothold in the Argentina Manned Security Services Market through its extensive network and wide-ranging security solutions.

The company is well-regarded for its commitment to providing high-quality security services, which includes the deployment of trained security personnel tailored to the varying needs of different industries. With a strong brand presence in Argentina, Prosegur leverages its global expertise while focusing on localized strategies to cater to the unique security challenges of the region. The company prides itself on its strong operational capacity, which allows it to offer rapid response services and state-of-the-art security technology, thus enhancing its attractiveness to business clients and individuals alike. The combination of Prosegur's experienced workforce and innovative practices facilitates its ability to maintain a competitive edge in the market.Tyco Integrated Security also holds a notable presence in the Argentina Manned Security Services Market, focusing on delivering comprehensive security solutions designed to meet the specific needs of clients across multiple sectors. The company is known for its integration of advanced technologies in security systems, which includes video surveillance, intrusion detection, and access control services, aligning with contemporary security demands. Tyco's effectiveness stems from its commitment to innovation and customer service, making it a trusted partner for many organizations in Argentina. The company has pursued strategic mergers and acquisitions that have reinforced its position in the local market while expanding its service capabilities. Tyco’s strength lies in its ability to offer a robust portfolio of security solutions, addressing both physical security through manned services and technological integration, ensuring a holistic approach to comprehensive protection for its clients.

Key Companies in the Argentina Manned Security Services Market Include:

• Prosegur


• Tyco Integrated Security


• ADT Security Services


• Allied Universal


• Verisure


• G4S


• Grupo EULEN


• Grupo SODEXO


• ASES


• Securitas Direct


• Securitas Argentina


• Grupo Securitas


• Armed Security Services


• SECURITAS AB

Argentina Manned Security Services Market Industry Developments

In recent months, the Argentina Manned Security Services Market has witnessed significant developments. Prosegur, known for its extensive security solutions, continues to enhance its operational capabilities amid the growing demand for private security prompted by rising crime rates in urban areas. Tyco Integrated Security is also positioning itself strategically by launching new integrated security solutions tailored for both residential and commercial customers. Furthermore, Allied Universal has expanded its footprint in Argentina, responding to increased security needs driven by economic factors and public safety concerns. As for notable mergers, in September 2023, SECURITAS AB acquired a local security firm, strengthening its market presence in Argentina. The growth in demand for armed security services has resulted in increased market valuation for key players, emphasizing the need for reliable security in various sectors, including retail and logistics. Over the past two years, significant changes, particularly in legislation regarding private security operations, have prompted organizations like Grupo EULEN and G4S to adapt their service offerings, illustrating the dynamic nature of the Argentina Manned Security Services Market.

Argentina Manned Security Services Market Segmentation Insights

Manned Security Services Market Type Outlook

• Equipment


• Service

Manned Security Services Market Distribution Channel Outlook

• Industrial Buildings


• Commercial Buildings


• Residential Buildings

 

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	400.93(USD Million)
MARKET SIZE 2024	446.63(USD Million)
MARKET SIZE 2035	1345.9(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	10.548% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Prosegur, Tyco Integrated Security, ADT Security Services, Allied Universal, Verisure, G4S, Grupo EULEN, Grupo SODEXO, ASES, Securitas Direct, Securitas Argentina, Grupo Securitas, Armed Security Services, SECURITAS AB
SEGMENTS COVERED	Type, Distribution Channel
KEY MARKET OPPORTUNITIES	Growing demand for event security, Increasing focus on residential safety, Rise in corporate security needs, Expansion of retail sector security, Enhanced technology integration in services
KEY MARKET DYNAMICS	increased crime rates, demand for safety solutions, government regulations, technological advancements, rising security budgets
COUNTRIES COVERED	Argentina