PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

A Balance of Manned Guards and Improved Technology Will Support the Growth of the European Manned Guarding Market Says Frost & Sullivan - As the ever-escalating threat of terrorism continues to push security issues to the foreground, optimisation of security solutions is assuming great importance
A Balance of Manned Guards and Improved Technology Will Support the Growth of the European Manned Guarding Market Says Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/04/09 - As the ever-escalating threat of terrorism continues to push security issues to the foreground, optimisation of security solutions is assuming great importance.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Alarm monitoring and rapid response solutions are being increasingly deployed in enterprises to effectively tackle any critical situation. Great stakes are placed on the quality of the service, and vendors in this space are offering a synthesis of technology and manned guarding, incorporating video surveillance, access control and intruder detection to provide a wholesome security solution.

New analysis from Frost & Sullivan (autoid.frost.com), European Manned Guarding Market, finds that the market earned revenues of over €24.8 billion in 2007 and estimates this to reach €35.7 billion in 2014.

"Technology or guarding alone cannot address the growing security needs," says Frost & Sullivan Senior Research Analyst Archana Rao. "An optimum solution combining manned guarding services and security technology will emerge as the most preferred solution in the future."

Another significant issue exerting its influence on the market is that of de-policing, which has encouraged the migration of former police officers to manned guarding services provided by private security companies. Faced with an acute shortage of police authorities, countries across Europe are grappling with the rising crime graph. This is expected to enhance the prospects for adoption and outsourcing of manned guarding services to private security service providers. Video surveillance technology has added another layer to security, further optimising the solution.

"Shortage of trained guards is forcing companies across Europe to raise the wages of guards, negatively impacting profit margins of smaller companies in the market," explains Archana Rao. "This rising cost is driving the adoption of technology among end users, thereby cutting down on the number of static guards required."

Nevertheless, manned guards are scarce and there is a huge discrepancy between demand and availability. In the United Kingdom, shortage of guards is taking on serious dimensions. Low wages are at the crux of the problem as guards are typically paid around £18,500 – £22,500 a year. Unless companies take serious note of this and hike wages in the United Kingdom, the market will continue to encounter serious roadblocks.

Besides shortage of guards, cost of service and low margins have restrained market progression. In the wake of the economic slowdown, cost control has become critical, and companies are pressurising service providers to cut costs. Service providers are circumventing cost challenges by deploying technology that can help expedite the efficiency of guards and security measures.

The market is characterised by stiff competition and participants are operating on very tight margins. Companies have found it extremely difficult to sustain in such a scenario. To offset the margin crunch, companies are offering comprehensive security packages that combine guarding and electronic security. Businesses are opting for services that combine manned guarding with other facility services such as cleaning and building maintenance, where all services are handled by a single contractor.

Going forward, manned guarding services will entail packages that combine both security service and facility service. Service providers must strive to upscale customer value by offering optimised guarding services. End users must also be made aware of the benefits of combining state-of-the-art security technologies with manned guarding to achieve better penetration capability in this competitive marketplace.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

European Manned Guarding Market is part of the Automatic Identification and Security Growth Partnership Service program, which also includes research in the following markets: European access control security markets, European security services market, world physical security solutions in retail service, and world physical security solutions in Banking. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

GIL 2009: Europe
Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost & Sullivan in Europe, at Joanna.lewandowska[.]frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit frost.com/gilglobal.

European Manned Guarding Market / M213-11

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Security/Law Enforcement Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Security/Law Enforcement articles,
CATCH Visitors via Your Competitors Announcements!


A Balance of Manned Guards and Improved Technology Will Support the Growth of the European Manned Guarding Market Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan GIL | Frost & Sullivan
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Security/Law Enforcement via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Security/Law Enforcement Most Recent Related Newswires:

Beretta Research and Innovation Center to Test New Safety and Security Technology in the U.S
Frost & Sullivan Highlights Scott Safety’s Introduction of Scott Sight - a Unique In-mask Thermal Imaging System for Firefighters
G4S Wins Contract Extension for Canadian Air Transport Security
G4S and Digital Barriers Announce Technology Partnership
FICAM Approved Symmetry Solution
AMAG Technology Symmetry™ Access Control Integrates with G4S RISK360® Incident and Case Management
AMAG Technology Announces Symmetry Blue Reader Range to Support BYOD Environment
AMAG Technology Releases Symmetry CompleteView Video Management System v4.6.2
G4S Cash Solutions Announces Strategic Alliance in ATM Engineering
Beretta Collaborates with McRee Precision on Limited Edition Tikka Rifle
2015 Brampton Business Excellence Recipient Kien Hoang Shares His Experience in Entrepreneurship
G4S Awarded New Kuwait International Airport Contract
G4S Philippines Wins Industry Award
Tokyo Metropolitan Police Selects Leonardo-Finmeccanica AW109 Trekker
Platesmart Technologies Receives 2016 Best of Oldsmar Award

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)