The Future of Middle East Manned Guard Security Market will be Shaped by Economy Diversification, Integrating Technologies and Changing Competition Landscape: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Emrill is facility Management Company based in Dubai which won a manned guard security contract from Emaar for their sites in downtown Dubai and the Dubai Marina Master Communities, in 2018. Manned guard security market in Middle East is largely dominated by the three major economies namely Turkey, Saudi Arabia and UAE. Together, they accounted for more than three fourth of the market by revenue. Diversification of economy in sectors related to requirement of soft services such as finance, real estate, tourism and others has guided the growth in the market. Fluency in English and local language along with prior experience in security services has driven the premium segment of the manned guard services. Diversification of Economy to Sectors Requiring Soft Services and Privatization of Business The growth was mainly driven by high infrastructure growth, development of tourism, liberalization of economy and government spending on internal security through outsourcing. All major countries in the region have set a target to diversify their economy by 2030 to reduce their dependence on oil by less than 50% of their GDP. Increased investment in development of social infrastructure such as educational institutes and hospitals and leisure attractions such as resorts, safaris, commercial and retail spaces have further helped in boosting the demand for manned guards in various capacities. Heavy investments in infrastructure projects are driving the growth in central region (including Saudi Arabia, Iraq and Jordan). Smart city projects as well as various high profile events across the Middle East are acting as tailwinds for sector growth Changing Paradigm of Competition in the Market The market is evenly divided among global and regional players with regional players using the knowledge of local conditions to their benefit in order to compete with the global players which have large resources. Nationalization and Mandatory hiring of local people in the manned guard services has given the boost to domestic companies operating in the region. Foreign Companies, which specialize in offering the entire gamut of facility management and manpower management solution have edge over specialized manned guard services companies as these services are bundled with other soft services in facility management. Local companies are also adopting the same business model and are fast gaining the market share. Hemaya in Qatar, Transguard in UAE, Nesma in Saudi Arabia are some leading local companies mainly operating in their respective home countries as active suppliers of manned guard services. Adoption to Changing Technology and Regular Training to Act as Major Differentiator in Garnering High Value Clients Use of technologies has improved the quality of solutions offered by the security companies but at the same time reduced the manpower required to deliver same quality of security to the end user. The quality of training provided by the companies to the guards has also improved as the adoption of better technology has created demand for well educated and technologically sound guards who meet the physical standards. High premium is charged for making such guards available thus improving the revenue of the companies. High employee’s turnover, non compliance by small regional players and government restrictions to businesses are some of the stumbling blocks that manned guard security companies have to face in the region. According to Ken Research report titled “Middle East Manned Guard Security Market Outlook to 2022 – By Countries (Turkey, KSA, UAE, Iraq, Iran, Jordan, Israel, Qatar, Egypt, Kuwait, Oman), by Organized and Unorganized, by End Users (Commercial Buildings, Government Buildings, and Residential Units)” Internal instability, increasing investments in infrastructure sector, growing tourism sector, increasing awareness to threats are the major growth drivers in Middle East manned guard security market. For more information on the research report, refer to below link: https://www.kenresearch.com/manufacturing-and-construction/real-estate/middle-east-guard-security-market/165956-97.html Related Reports https://www.kenresearch.com/manufacturing-and-construction/real-estate/oman-facility-management-market/165558-97.html https://www.kenresearch.com/manufacturing-and-construction/real-estate/bahrain-facility-management-market/127376-97.html https://www.kenresearch.com/manufacturing-and-construction/real-estate/kuwait-facility-management-market/123148-97.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Aviation Security Market Saudi Arabia, Challenges Manned Security Market, Competition Manned Security Middle East, Egypt Manned Security Industry, Electronic security equipment providers in Middle East, G4S Manned Guard security Middle East, Growth Manned Security Qatar, Implementation AI in Middle East Manned security, Integrated Guarding Market, Iran Manned Security Industry, Iraqi manned guard security companies, Israel Manned Security Growth, Jordan Manned Security Market, Kuwait Manned Security Industry, Major manned guard security providers Middle East, Major projects by G4S in Middle East, Manned Guard security GCC Countries, Manned Guard Security Market UAE, Middle East Event Security Market, Middle East manned guard security contract, Middle East Manned Guard Security Industry, Middle East Manned Guard Security Industry Research, Middle East Manned Guard Security Industry Research Report, Middle East Manned Guard Security Market, Middle East Manned Guard Security Market Application, Middle East Manned Guard Security Market Forecast, Middle East Manned Guard Security Market Future Outlook, Middle East Manned Guard Security Market Growth, Middle East Manned Guard Security Market Key Players, Middle East Manned Guard Security Market Overview, Middle East Manned Guard Security Market Research, Middle East Manned Guard Security Market Research Report, Middle East Manned Guard Security Market Revenue, Middle East Manned Guard Security Market Scope, Middle East Manned Guard Security Market Segmentation, Middle East Manned Guard Security Market Share, Middle East Manned Guard Security Market Size, Middle East Manned Guard Security Market Trends, Middle East Manned Guard Security Market Value, Middle East Manned Security Market, Securitas security Market Share Middle East, Soft Facility Management Market Saudi Arabia, Trends Manned Security GCC Countries, Turkey Manned Security Market, Z Level Security Market Iraq