Global Private Military Services Market Overview:
A private military is a consisting of armed combatants who owe their allegiance to a private person, group, or organization, rather than a nation or state. Private military services as defined here include technical services such as information technology and equipment maintenance, operational support such as facilities management and logistics, and actual armed security in conflict zones. and also provide bodyguards for key staff or protection of company premises, especially in hostile territories.
- Rise in cases of hostile territories
- Unavailability of reliable sources and high cost of training
- Rapidly expanded private military training in developed country
- Low awareness of private military service among people
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are ACADEMI (United States), ICTS INTERNATIONAL (Netherlands), NORTHBRIDGE SERVICES GROUP (United States), G4S (United Kingdom), SECURITAS AB (Sweden), ADT Corporation (United States), ALLIEDBARTON (United States), GARDAWORLD (Canada), CONTROL RISKS (United Kingdom), SENACA GROUP (Ireland), , Raytheon, Northrop Grumman, Titan Corporation, Control Risks, Sandline International, Jorge Scientific Corporation, MPRI, Inc., Defion Internacional, Erinys International, Custer Battles, KBR, Academi, Northbridge Services Group, STTEP, Unity Resources Group and Slavonic Corps. Additionally, following companies can also be profiled that are part of our coverage like ANDREWS INTERNATIONAL (United States), CORPS SECURITY (United Kingdom), KBR (United States) and GK SIERRA (United States). Analyst at AMA Research see Global Manufacturers to retain maximum share of Global Private Military Services market by 2026.
What Can be Explored with the Private Military Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Private Military Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Private Military Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Private Military Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Private Military Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Private Military Services Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Private Military Services Market?
The Private Military Services market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Private Military Services Market?
Top performing companies in the Global Private Military Services market are ACADEMI (United States), ICTS INTERNATIONAL (Netherlands), NORTHBRIDGE SERVICES GROUP (United States), G4S (United Kingdom), SECURITAS AB (Sweden), ADT Corporation (United States), ALLIEDBARTON (United States), GARDAWORLD (Canada), CONTROL RISKS (United Kingdom), SENACA GROUP (Ireland), , Raytheon, Northrop Grumman, Titan Corporation, Control Risks, Sandline International, Jorge Scientific Corporation, MPRI, Inc., Defion Internacional, Erinys International, Custer Battles, KBR, Academi, Northbridge Services Group, STTEP, Unity Resources Group and Slavonic Corps, to name a few.
3. What trending factors would impact Private Military Services Market growth most?
"High investment in research and development" is seen as one of major influencing trends for Private Military Services Market during projected period 2020-2026.