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

India Manned Security Services Market Overview

India Manned Security Services Market Size was estimated at 801.86 (USD Million) in 2023.The India Manned Security Services Market Industry is expected to grow from 893.26(USD Million) in 2024 to 3,573.06 (USD Million) by 2035. The India Manned Security Services Market CAGR (growth rate) is expected to be around 13.431% during the forecast period (2025 - 2035).

 

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

Key India Manned Security Services Market Trends Highlighted

There are a few important reasons why the India Manned Security Services Market has grown a lot. As India's cities and industries grow quickly, the need for security solutions has grown as companies and apartment buildings put safety first. Also, people are more worried about crime rates, which makes businesses hire someone to do security work to better control risks. New technologies, such as surveillance systems and access control measures, work with conventional security services to make them more effective overall. There are many opportunities in this field, especially when it comes to making large events safer, protecting important infrastructure, and meeting the growing need for personal security services.

Security service providers may look into working with local businesses to create solutions that meet the requirements of particular regions. This is possible since the government is pushing programs like "Make in India" and smart city projects. The changing nature of the business world also creates chances as businesses realize they need full security plans. Recent trends show that people are moving toward security solutions that blend physical and technology elements. Businesses are looking for individuals who are skilled in both security standards and technology, which is driving up the need for qualified workers. Also, the focus on following rules like the Private Security Agencies Regulation Act means that security companies have to keep their standards high and change their methods often.

More and more businesses are using eco-friendly methods in their operations, which shows that the emphasis on sustainability is also growing. Overall, these changing dynamics show how the India Manned Security Services Market is changing, which creates both difficulties and opportunities for those who work in the business.

India Manned Security Services Market Drivers

Increasing Crime Rates in Urban Areas

In India, the rising crime rates in urban regions have led to a significant demand for manned security services. According to the National Crime Records Bureau, there has been a continuous upward trend in crime, with a reported increase of 1.2% in overall crime rates from 2019 to 2020. This is particularly alarming as urban areas are experiencing higher rates of theft, burglary, and violent crimes. Organizations like G4S and Securitas are expanding their operations in India to cater to this rising demand, providing tailored security solutions to residential complexes, commercial establishments, and large events.The need for skilled manpower in security services is also exacerbated by the increasing economic activities in these urban centers, requiring robust security measures to safeguard property and individuals. This trend indicates a strong future prospect for the India Manned Security Services Market Industry as businesses and homeowners increasingly prioritize security.

Growth of the E-commerce Sector

The exponential growth of the e-commerce sector in India is driving the demand for manned security services. The Indian e-commerce market is projected to grow to USD 200 billion by 2026, as reported by the India Brand Equity Foundation. With this substantial growth, there is an increased requirement for safeguarding warehouses, delivery points, and retail outlets. Major companies like Amazon and Flipkart are implementing comprehensive security measures, including hiring security personnel to protect against theft and ensure safe deliveries.The rise in online transactions and the associated logistics complexities further highlight the necessity for heightened security, which positively influences the India Manned Security Services Market Industry.

Rising Awareness About Personal Safety

The increasing awareness about personal safety and security among the Indian population is significantly propelling the demand for manned security services. With more citizens reporting concerns over their safety, as indicated by various surveys from the Ministry of Home Affairs, there is a mounting inclination towards hiring security personnel in residential and commercial sectors. Notably, influential organizations like the Confederation of Indian Industry are actively advocating for improved safety measures within communities.This societal shift towards prioritizing security services is expected to strengthen the India Manned Security Services Market Industry, with more individuals recognizing the value of investing in qualified security professionals for protection.

Government Initiatives and Policies Supporting Security Growth

The Indian government has been introducing various initiatives aimed at improving safety and security across the nation, which directly influences the growth of the manned security services market. For instance, the introduction of schemes such as 'Safe City' projects is aimed at enhancing the safety of urban areas, where manned security services are a critical component. Additionally, the Ministry of Home Affairs has been focusing on the implementation of comprehensive security frameworks to deal with emerging threats.These government efforts not only create opportunities for established security firms like SIS and Control Risks but also underline the increasing market potential within the India Manned Security Services Market Industry, as companies align with government objectives to secure public and private spaces effectively.

India Manned Security Services Market Segment Insights:

Manned Security Services Market Type Insights

The India Manned Security Services Market has shown significant developments in its Type segmentation, which primarily includes Equipment and Service. The Service segment encompasses a wide range of offerings that cater to various industries including commercial establishments, residential complexes, and government facilities. This segment is vital as it directly addresses the growing demand for personalized security solutions resulting from rising concerns around safety and crime rates. With increasing urbanization and the growth of infrastructure projects, there is a notable shift in focus towards employing professional security personnel, ensuring the protection of assets and property. On the other hand, the Equipment segment also plays a crucial role by providing essential tools that support the effectiveness of security personnel. This encompasses surveillance cameras, access control systems, and alarm systems, which are necessary for comprehensive security planning. As technology continues to evolve, the integration of smart devices into manned security services is becoming prevalent, enhancing the efficiency of security operations. The uptake of advanced security equipment in India is driven by the growing emphasis on corporate governance and compliance regulations, making it a key area of focus for businesses across various sectors. This duality between Equipment and Service not only highlights the diverse needs of the India Manned Security Services Market but also illustrates the opportunities for market growth. Challenges such as the need for proper training and development of security personnel remain pivotal, as well as ensuring constant upgrades in equipment to keep pace with technological advancements. Nevertheless, the increasing awareness among Indian consumers about the importance of security, coupled with governmental support for enhancing public safety measures, continues to drive the overall demand in the market. As the landscape evolves, organizations are prioritizing investments in both human resources and technological enhancements, reinforcing the significance of the Type segmentation within the India Manned Security Services Market.

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

Manned Security Services Market Distribution Channel Insights

The Distribution Channel segment of the India Manned Security Services Market plays a crucial role in ensuring the efficient delivery of security services across various types of properties. This segment is broadly divided into three key areas: Industrial Buildings, Commercial Buildings, and Residential Buildings. Each of these areas has its unique requirements and challenges, driving the demand for tailored security solutions. Industrial Buildings, often housing high-value assets and critical operations, require advanced security measures, leading to significant investment in manned security.Commercial Buildings, such as offices and shopping complexes, emphasize the need for visible security presence to deter crime while ensuring safety for employees and visitors alike. Meanwhile, Residential Buildings have seen a surge in demand for security personnel as home safety becomes a top priority for families. The increasing urbanization in India, along with rising crime rates, is contributing to the growth of the manned security services market across these distribution channels. As each segment continues to evolve, the demand for specialized security services presents opportunities for companies to innovate and provide enhanced security solutions tailored to specific environments and needs.

India Manned Security Services Market Key Players and Competitive Insights:

The India Manned Security Services Market has evolved significantly in recent years due to increasing concerns over safety and security across diverse sectors. The competitive landscape is characterized by a mix of established players and new entrants, all vying for market share in this dynamic environment. These firms offer various services, including manned guarding, event security, surveillance, and integrated security solutions, contributing to the market's expansion. The growing demand for reliable security personnel, driven by an uptick in security threats, commercial activities, and urbanization, has prompted companies to innovate, enhance their service offerings, and adopt advanced technologies to maintain their competitive edge. Additionally, regulatory frameworks and industry standards continue to shape the environment, pushing firms toward operational excellence and improved customer service.Security and Intelligence Services India stands out within the India Manned Security Services Market due to its expansive operational capabilities and strong brand recognition. The company has successfully positioned itself as a trusted provider of security services across various sectors, including retail, banking, and infrastructure. It emphasizes the importance of customer-centric solutions, emphasizing training and development for its workforce to ensure high-quality service delivery. The firm benefits from a robust operational framework, integrating technology into its security solutions, enhancing efficiency and response times. Its strategic partnerships and extensive network across multiple states enable the company to maintain a significant presence in the market, refining its competitive viability and addressing client needs effectively.Securitas India has established itself as a significant player in the India Manned Security Services Market, providing a wide range of security solutions tailored to diverse customer requirements. The company's offerings include manned guarding, security consulting, mobile patrol services, and risk assessment, positioning it as a comprehensive security provider. Securitas India focuses on leveraging technology in its services, incorporating advanced monitoring systems and data analytics to enhance security measures for clients. Its strengths lie in its experienced personnel and commitment to customized security solutions, enabling it to address the specific needs of various industries effectively. Additionally, the company's proactive approach to mergers and acquisitions has facilitated its expansion in India, thereby increasing its market presence and fostering innovation within its service framework.

Key Companies in the India Manned Security Services Market Include:

• Security and Intelligence Services India


• Securitas India


• K7 Security Services


• M S E Security


• Rajnish Security Services


• Vikrant Security Services


• SIS Group


• G4S Secure Solutions India


• Gaurdian Security


• Armour Security


• Pioneer Security Services


• Basil Security


• SRST Security


• Apollo Manned Security Services

India Manned Security Services Market Industry Developments

The India Manned Security Services Market is experiencing significant developments, particularly with companies like Security and Intelligence Services India and G4S Secure Solutions India enhancing their service offerings. In September 2023, SIS Group announced its strategic expansion into tier-2 cities, recognizing the growing demand for security services in these markets. Moreover, in August 2023, K7 Security Services launched an advanced training program for security personnel, focusing on technology integration and crisis management, reflecting the increasing importance of specialized training in the sector.Recent market analysis indicates a valuation growth for many firms, with the manned security services market projected to expand further due to urbanization and rising security concerns across various sectors. Meanwhile, in July 2023, Securitas India executed a successful acquisition of a smaller local security firm to enhance its regional presence and service capabilities. Other notable activities include the proactive measures taken by Rajnish Security Services to develop AI-driven surveillance technologies, signifying a shift towards modernized security solutions. Over the past two years, the industry has seen increased investment and diversification efforts, particularly in the context of post-pandemic recovery.

India 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	801.86(USD Million)
MARKET SIZE 2024	893.26(USD Million)
MARKET SIZE 2035	3573.06(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	13.431% (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	Security and Intelligence Services India, Securitas India, K7 Security Services, M S E Security, Rajnish Security Services, Vikrant Security Services, SIS Group, G4S Secure Solutions India, Gaurdian Security, Armour Security, Pioneer Security Services, Basil Security, SRST Security, Apollo Manned Security Services
SEGMENTS COVERED	Type, Distribution Channel
KEY MARKET OPPORTUNITIES	Increasing urbanization and industrial growth, Rising demand for event security services, Government initiatives for safety regulations, Growing focus on technology integration, Expansion of retail and commercial sectors
KEY MARKET DYNAMICS	rising crime rates, increasing urbanization, government regulations, growing demand for safety, technological advancements in security
COUNTRIES COVERED	India