What is Private Investigation Services Market Scope?
Private investigators provide many types of investigations. The private investigators frequently work for law firms to capture information on civil or defense cases. These investigation services are majorly hired by the insurance companies to look into suspicious claims. Many private individuals also hire investigators to locate missing people, to perform surveillance on spouses, and for many other reasons. According to industry experts, this industry is expecting consumer spending within the private investigator industry and witnessed ~USD 20 billion in the year 2016.
The Private Investigation Services market study is being classified by Type (Civil Investigation, Economic Crime Investigation and Others), by Application (Personal and Business) and major geographies with country level break-up.
The Service Providers are operating in the market are exploring their footprint in new geographical regions and also heavily investing in business growth strategies such as mergers & acquisitions, expansions, investments, new service launches, and others. The market key players are exploring new market opportunity areas through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Private Investigation Services market throughout the predicted period.
Pinkerton (Securitas) (United States), Corporate Investigative Services, Inc. (United States), Integrity Investigation Services Pvt. Ltd. (India), ELPS Private Detective Agency (United States), NightHawk Investigations, Inc. (United States), Specialised Investigation Services Ltd. (United Kingdom), Vidocq Group (Canada), InfoAct Investigations (Georgia), Veteran Investigation Services (India) and Greves Protection Management Private Limited (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Worldwide Intelligence Network (United States), AAA Investigations & Consulting, Inc. (United States) and Affiliated Investigations Corp. (United States).
Analyst at AMA have segmented the market study of Global Private Investigation Services market by Type, Application and Region.
On the basis of geography, the market of Private Investigation Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Jan 2021, The Ontario government is launching a new, online testing option for individuals seeking to obtain a license to become a security guard or private investigator. Through this initiative, the government is trying to handle increasing crime situations.
Influencing Market Trend
- Development in Special Services
- Increase Investment in Research and Development
- Increasing Number of Crimes in Developed Regions
- Advancement in Online Services
- According to the Industry Stats, the Private Investigator Services is Projected to Grow by 11% In Forecast Period
- Lack of Skilled Professional
- The Slowdown in Economy Growth
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Private Investigation Service Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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