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

Mexico Manned Security Services Market Overview

As per MRFR analysis, the Mexico Manned Security Services Market Size was estimated at 501.16 (USD Million) in 2023.The Mexico Manned Security Services Market Industry is expected to grow from 558.29(USD Million) in 2024 to 2,095 (USD Million) by 2035. The Mexico Manned Security Services Market CAGR (growth rate) is expected to be around 12.775% during the forecast period (2025 - 2035).

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

Key Mexico Manned Security Services Market Trends Highlighted

There are several important developments in the Mexico Manned Security Services Market right now. This is because more people are looking for security solutions since they are worried about crime and public safety. As more people move to places like Mexico City and Guadalajara, they confront problems that make people and companies want to hire professional security services. The government has also started programs to make things safer, which has led to even more increase in manned security services. This includes initiatives to make law enforcement stronger and community safety programs stronger. There has been a clear movement toward integrated security systems that mix conventional human services with cutting-edge technology in recent years.

Security companies in Mexico are spending money to educate their employees not just in basic security procedures but also on how to use technology like alarm management and monitoring systems. There is a chance to meet the demands of some businesses, including tourism, retail, and healthcare, who are putting more and more emphasis on security to safeguard their clients and assets. Also, more and more firms are realizing that a one-size-fits-all approach to security is no longer working. Therefore, they are moving toward personalized security programs. Manned security services are changing to provide customized solutions depending on each client's requirements, considering things like location, kind of company, and hours of operation.

The rise of private security services is also part of a larger trend of public-private partnerships in safety, in which companies work with security organizations to improve community safety services. These kinds of activities work effectively in places where there is a lot of foreign investment, which usually requires a greater degree of safety and security.

Mexico Manned Security Services Market Drivers

Increasing Crime Rates in Urban Areas

Mexico has been experiencing rising crime rates, particularly in urban areas. According to the National Institute of Statistics and Geography, in 2021, reported incidents of crime increased by 2.7% compared to the previous year, underscoring the growing demand for enhanced security solutions. This alarming trend drives the Mexico Manned Security Services Market Industry, as businesses and individuals seek comprehensive security solutions for both personal safety and asset protection.Reputable organizations like Grupo Prosegur have expanded their operations in Mexico, reflecting a strong commitment to addressing these security challenges. Prosegur's proactive measures in deploying manned security services cater to the needs of businesses across various sectors. Moreover, recent statistics suggest that over 67% of businesses in major cities in Mexico are now investing in additional security measures, propelling the market for manned security services further as security remains a primary concern.

Growing Demand from the Private Sector

There is a significant surge in demand for manned security services from the private sector in Mexico, driven by recent economic growth and increased business activities. In 2022, the private sector's contribution to the country’s GDP reached approximately 87%, indicating a robust economic environment. Consequently, businesses are prioritizing the safety and security of their operations, leading to increased expenditure on security services. Established security firms like Securitas have recognized this trend, tailoring their offerings to cater specifically to the private sector's needs in Mexico.The ongoing expansion of shopping centers, corporate offices, and industrial parks in urban regions further fuels the Mexico Manned Security Services Market Industry, as there is a growing requirement for physical guarding, risk assessment, and asset protection services.

Government Initiatives and Regulations

The Mexican government has implemented several initiatives aimed at enhancing public safety and security across the nation. Initiatives such as the National Program for the Strengthening of Public Security aim to improve law enforcement capabilities, which, in turn, encourages private investment in security services. As a result, there has been an increase in demand for manned security services to complement governmental efforts. Notably, leading organizations, including G4S, have aligned their strategies with government initiatives, ensuring compliance with new regulations and improving service offerings.Given that 40% of security service contracts in Mexico are attributed to compliance with government regulations, the Mexico Manned Security Services Market Industry stands to benefit significantly from this alignment, as businesses seek to meet legal security standards while ensuring the safety of their operations.

Mexico Manned Security Services Market Segment Insights

Manned Security Services Market Type Insights

The Mexico Manned Security Services Market exhibits a diverse structure, primarily categorized into Equipment and Service types, both of which play pivotal roles in shaping the industry's landscape. The service component remains a foundational element, as it encompasses a wide array of offerings including security personnel, patrol services, and on-site management, which collectively contribute to enhancing safety and protection across various sectors. Moreover, the need for reliable security services is propelled by escalating concerns regarding crime rates and public safety in urban regions of Mexico, leading to increased investments in these essentials.The Equipment segment complements these services by providing advanced technology solutions such as surveillance systems, alarm installations, and other security devices, thereby enhancing operational efficiency and effectiveness. The synergy between Equipment and Service is critical; while Equipment ensures that the technological framework for protection is in place, Services deliver the personnel and expertise required to manage security concerns in real-time. This dual approach not only meets the immediate needs of businesses and households but also aligns with broader trends in the Mexico Manned Security Services Market, such as the rising demand for integrated security solutions that combine technology with human oversight, responding to the evolving dynamics of safety and security in the country.As organizations increasingly prioritize risk management and security investments, the Equipment and Service types within the Mexico Manned Security Services Market will continue to grow, thereby reinforcing their significance in facilitating a secure environment for both public and private sectors. Additionally, the ongoing modernization efforts in Mexico, particularly in urban areas, are likely to further enhance the importance of these types, as businesses and consumers alike seek comprehensive security measures that encompass both advanced technology and skilled personnel.

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

Manned Security Services Market Distribution Channel Insights

The Distribution Channel segment of the Mexico Manned Security Services Market has become critical in meeting the growing demand for security solutions across various sectors. Industrial buildings play a vital role, as they require comprehensive security due to valuable assets and sensitive information. This segment is characterized by a high need for specialized security personnel and technology integration to mitigate risks. Commercial buildings have seen significant investment in security services, with businesses increasingly recognizing the necessity of protecting their premises and ensuring the safety of employees and customers.Residential buildings also represent a major focus area, as homeowners prioritize security due to rising safety concerns. The significance of these segments is underscored by their diverse needs, ranging from access control to emergency response, leading to tailored security solutions that address specific vulnerabilities. The Mexico Manned Security Services Market is continuously evolving, driven by trends such as urbanization and increasing regulatory standards.

Mexico Manned Security Services Market Key Players and Competitive Insights:

The Mexico Manned Security Services Market is a rapidly evolving sector, characterized by a growing demand for security solutions amidst rising concerns over safety and security in urban areas. This market comprises numerous players, each vying for market share through diverse service offerings and innovative approaches to security. Competition is intense, driven by factors such as technological advancements, changing regulatory environments, and a heightened awareness of security needs among businesses and individuals. Companies are increasingly focusing on delivering specialized services that cater to the unique requirements of various industries, positioning themselves as trusted partners in safeguarding assets and personnel. The growth of this market can also be attributed to the expansion of commercial developments and a rising expatriate workforce, prompting the need for robust security measures.Seguridad Privada de México remains a key player in the Mexico Manned Security Services Market, known for its commitment to high-quality service and reliability. The company has established a strong market presence by emphasizing professionalism and extensive training programs for its staff, ensuring that personnel are well-equipped to handle a variety of security challenges. This focus on training has positioned Seguridad Privada de México as a trusted name among its clientele, which ranges from small businesses to large corporations. The company's strengths lie in its operational efficiency, extensive local knowledge, and capability to provide personalized security solutions that address the specific needs of clients. Their reputation for excellence has enabled them to secure long-term contracts and maintain a loyal customer base, further solidifying their position in the market.Cuerpo de Seguridad Privada is another significant entity in the Mexico Manned Security Services Market, recognized for its comprehensive range of security solutions. The company offers services such as on-site security personnel, event security management, and risk assessment. Leveraging its strong market presence, Cuerpo de Seguridad Privada has effectively built a reputation for delivering reliable and responsive security services tailored to the unique challenges faced by various sectors. The company has undertaken strategic mergers and acquisitions to enhance its service capability and expand its footprint across different regions in Mexico, further strengthening its competitive advantage. By investing in advanced security technologies and fostering a customer-centric approach, Cuerpo de Seguridad Privada continues to assert its influence in the market, emphasizing adaptability and innovation as core components of its business strategy.

Key Companies in the Mexico Manned Security Services Market Include

• Seguridad Privada de México


• Cuerpo de Seguridad Privada


• Prosegur


• Guardias de Seguridad Privada


• G4S


• Grupo Vigo


• Securitas


• Eagle Eye Security


• Intel Security


• Grupo Securitas


• Seguridad Privada Hermes


• Vigilancia y Seguridad Privada

Mexico Manned Security Services Market Industry Developments

Recent developments in the Mexico Manned Security Services Market indicate a growing demand for security services due to increasing concerns about crime and public safety. Companies like Prosegur and Securitas are expanding their operations, with Prosegur enhancing its technology integration to boost service efficiency. Notably, in February 2023, Grupo Vigo announced its acquisition of a regional security firm to strengthen its market position and expand its service portfolio, reflecting a trend of mergers and acquisitions among major players in the sector. Additionally, G4S has been reported to invest heavily in training programs for security personnel, aiming to improve service quality amid heightened competition. Market valuations have been on an upward trajectory, driven by an increasing emphasis on integrated security solutions, which are reshaping offerings by firms such as Seguridad Privada de México and Eagle Eye Security. The ongoing shift in consumer preferences towards advanced security technologies and personalized services is prompting companies to innovate their service models further. The government of Mexico has also imposed new regulations, reinforced the industry's compliance requirements and encouraged enhanced oversight over private security entities. These ongoing dynamics significantly impact the overall landscape of the Manned Security Services Market in Mexico.

Mexico 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 Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	501.16(USD Million)
MARKET SIZE 2024	558.29(USD Million)
MARKET SIZE 2035	2095.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	12.775% (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	Seguridad Privada de México, Cuerpo de Seguridad Privada, Prosegur, Guardias de Seguridad Privada, G4S, Grupo Vigo, Securitas, Eagle Eye Security, Intel Security, Grupo Securitas, Seguridad Privada Hermes, Vigilancia y Seguridad Privada
SEGMENTS COVERED	Type, Distribution Channel
KEY MARKET OPPORTUNITIES	Increasing demand for public safety, Growth in commercial sector security, Rise in residential security services, Technological advancements in security systems, Expansion of government contracts
KEY MARKET DYNAMICS	Increasing crime rates, Growing demand for security, Technological advancements in surveillance, Rising investment in safety, Government regulations and compliance
COUNTRIES COVERED	Mexico