Analysis of the security services market in India
The relevance of research
According to experts, the increased demand for security services is due to the complex criminal situation. In terms of the total number of reported crimes, India ranks fifth in the world. As a result, the population and business seek to protect themselves by purchasing services to protect themselves and their property.
Purpose of the study
Analysis of the state of the security services market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the security services market
Content
Part 1. Overview of the Indian Security Market
1.1. Definition and Characteristics of the Indian Security Market
1.2. Dynamics of the volume of the security services market, 2014-2018
1.3. Market structure by types of services provided in India
1.4. Structure of the security services market by Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive analysis in the security services market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the consumption of security services
3.1. Estimated consumption of security services per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the security services market until 2023
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian Security Market
1.1. Definition and Characteristics of the Indian Security Market
Consider the characteristics and features of the Indian market of security services.
The legal basis for the emergence of a private security market in India was ...
According to ..., as of January 1, 2019, about ... The largest states in the private security services market are ...
According to ... in India today there are about ... security guards. ….
According to …, the increased demand for security services is due to …
Under current law, private security organizations have the right to ...
The main customers of security services are…
In recent years, private security organizations have begun to use…
A characteristic feature and factor negatively affecting the development of the security services market is that …
...
1.2. Dynamics of the volume of the security services market, 2014-2018
Consider the dynamics of the volume of the security services market in India.
According to GidMarket's assessment based on …, the volume of the Indian security services market in 2014 amounted to … Rs., … compared to 2013 by …%. At the end of 2015, it was noted ... In 2016, the security services market in India for the first time ... But already in 2018, the dynamics turned out to be ...
...
1.3. Market structure by types of services provided in India
According to …, in 2018 the vast majority of private security organizations (…%) provided services to …, then on an equal footing …
1.4. Structure of the security services market by Union Territories
At the end of 2018, the largest territory in terms of receiving proceeds from the provision of security services was … the Union Territories, it accounted for more than half of the volume – …%. Significant territories also include … Union territories (…%), …
...
In 2018, among the states of India, the largest market for security services was the market …, which occupied a little …%. Less significant shares accounted for … (…%), …
Diagram 4. Structure of the security services market in India by region, 2018, %
1.5. Assessment of current trends and development prospects of the studied market
Based on the results of the analysis of the Indian security services market, the following trends can be identified:…
The development of the security services market in the future will take place ...
It is possible that the market may appear ...
But still, the greatest potential for security companies will be in ...
Therefore, the basic direction is ...
1.6. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, the demand for security services in India.
Economic
The volume of consumption of security services depends on ...
Data on the dynamics of GDP is a macroeconomic indicator that reflects the market value of all final goods and services (that is, intended for direct consumption) produced per year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
...
…% in 2017 and …% in 2018 points to …
...
Socio-demographic
...
technological
...
Political and legal
...
Table 1. STEP analysis of factors affecting the security services market in India
Thus, the Indian market of security services is experiencing ... the influence of environmental factors ... A group of economic, technological and socio-demographic factors has an impact on ...
1.7. Analysis of sectoral indicators of financial and economic activity
GidMarket analysts analyzed the indicators of the Indian market of security services for the corresponding type of activity.
Profit (loss) from sales is revenue minus all costs associated with the sale (cost of goods sold, selling and administrative expenses). At the end of 2018, the largest profit from the provision of security services in India came from …
...
Gross margin reflects the share of revenue that is left in the enterprise as gross profit. During 2015-2017 The gross margin of the security services industry was...
...
Profitability before tax reflects ... During 2014-2018. this figure for the security services industry ...
Diagram 9. Profitability of profit before tax (profit of the reporting period) in the field of security services in comparison with all sectors of the Indian economy, 2014-2018, %
Current liquidity characterizes to what extent ...
...
Absolute liquidity shows what part ... During 2014-2018. in the field of security services, this indicator ...
...
The average turnover period of receivables characterizes ...
...
The provision of own working capital reflects … In the field of security services, this indicator ... It is also necessary to pay attention to the fact that in 2018 financial stability ...
...
Thus, in the case of profitability and current liquidity indicators, the industry ...
Part 2. Competitive analysis in the security services market
2.1. Major players in the market
Currently in India, the security services sector ...
The state represents...
Private business is represented…
The largest players in the Indian security services market include…
At the end of 2018, the security services market in India is …: TOP-5 players accounted for …% of the total volume. And three of them are...
...
2.2. Market shares of the largest competitors
According to the results of 2018, … (…%) and … (…%) became the leaders in the Indian security services market. In third place is...
Next in descending order are companies with…
In aggregate, the TOP-10 companies of the Indian security services market accounted for …% of the total volume. The share of other players amounted to …%.
Chart 13. Shares of the largest competitors in the Indian security market in 2018
2.3. Profiles of major players
Company ""…""
...
Table 6. Basic information about the participant of the XXXXX market of security servicesг
Company ""…""
...
The total revenue of the largest companies in the security services market … At the end of 2018, it … relative to 2014 and amounted to … Rs.
....
Part 3. Analysis of the consumption of security services
3.1. Estimated consumption of security services per capita
Estimation of the volume of consumption of security services per capita was made on the basis of ... Thus, the maximum value of consumption was reached ... and amounted to ... Rs./person. At the end of 2018, per capita consumption …
Diagram 15. Consumption of security services per capita, 2014-2018, Rs./person
3.2. Market Saturation and Estimated Market Potential in India
According to experts in the field of security activities, at present the saturation of the Indian market of security services is about …%. In the coming years this will be...
According to …, the market of security services is not mastered by …%. Potential segments for development will be…
Thus, according to GidMarket calculations, the growth potential of the security services market is … Rs., and the potential capacity of the market as a whole is … Rs.
3.3. Description of consumer preferences
Private security organizations protect over ... objects for various purposes. Among them are objects of trade (…%), objects …
For individuals, the main interest is ... In terms of social composition, it is, first of all, ... All potential customers are conditionally divided into three categories: ...
All three categories are united...
The main source of the decision to purchase security services is ...
Market specialists also suggested…
Table 11. Classification of security service parameters
Today, in the conditions of new economic relations, the price of a service ...
Non-price competition is based on...
With the relative stabilization of tariffs…
3.4. Price analysis
Given that the security market is represented by…
Consumer prices for security services in India have been trending…
...
The highest average prices for security services are noted in … Union Territories (…Rs./hour), the lowest – in … Union Territories (… Rs./hour).
...
Part 4. Assessment of factors of investment attractiveness of the market
… factors of the investment potential of the Indian security services market dominate over … A comprehensive assessment of investment attractiveness factors amounted to … points, which indicates … investment climate.
The most significant positive factors. …
The most significant negative factors. …
Part 5. Forecast for the development of the security services market until 2023
The development of the security services market will be largely determined by …
GidMarket analysts predict that during 2019-2023. Indian security market will be...
The main prospects for the development of the market include: ...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1. Dynamics of the volume of the Indian market of security services, 2014-2018, billion Rs.
Diagram 2. Services most frequently provided by security organizations, 2018, %
Diagram 3. Structure of the security services market in India by union territories, 2018, %
Diagram 4. Structure of the security services market in India by region, 2018, %
Diagram 5. Dynamics of India's GDP, 2014-2018, in % to the previous year
Diagram 6. Retail trade turnover in India at comparable prices, % to the previous year, 2014-2018
Diagram 7. Dynamics of real incomes of the population of India, 2014-2018, in % to the previous period
Diagram 8. Population dynamics in India, 2014-2018, million people
Diagram 9. Profitability of profit before tax (profit of the reporting period) in the field of security services in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 10. Current liquidity (total coverage) in the security services sector in comparison with all sectors of the Indian economy, 2014-2018, times
Diagram 11. Business activity (average term of receivables turnover) in the field of security services in comparison with all sectors of the Indian economy, 2014-2018, days days
Diagram 12. Financial stability (provision of own working capital) in the field of security services in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 13. Shares of the largest competitors in the Indian security market in 2018
Diagram 14. Dynamics of the total revenue of the largest companies in the security services market (TOP-5) in India, 2014-2018, billion Rs.
Diagram 15. Consumption of security services per capita, 2014-2018, Rs./person
Diagram 16. Potential of the Indian market of security services, billion Rs.
Diagram 17. Indian Security Market Structure by Consumers, 2018
Diagram 18. Forecast of the volume of the security services market in India in 2019-2023, billion Rs.
Tables
Table 1. STEP Analysis of Factors Affecting the Security Services Market in India
Table 2. Profit (loss) from the provision of security services in the Union Territories of India, 2014-2018, million Rs.
Table 3. Gross profitability of the security services industry in comparison with all sectors of the Indian economy, 2014-2018, %
Table 4. Absolute liquidity in the security services sector in comparison with all sectors of the Indian economy, 2014-2018, times
Table 5. The main companies participating in the Indian security services market in 2018
Table 6. Basic information about the participant of the XXXXX market of security services
Table 7. Basic information about the participant of the XXXXX market of security services
Table 8. Basic information about the participant of the XXXXX market of security services
Table 9. Basic information about the participant of the XXXXX market of security services
Table 10. Basic information about the participant of the XXXXX market of security services
Table 11. Classification of security service parameters
Table 12. Consumer price indices for security services in India, 2014-2018, %
Table 13. Average prices for security services in the Union Territories, 2018
Table 14. Assessment of factors of investment attractiveness of the Indian market of security services
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