Qatar Physical Security Services Market report comprehensively covers the market by service types, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Qatar Physical Security Services Market Synopsis
Qatar physical security services market grew at a considerable rate in recent years owing to the remarkable jump in the oil & gas sector, hotels, hospitals, and commercial sector on the back of strong government support to pull up Qatar’s economy as it’s majorly driven by petroleum sector.
However, the spread of COVID-19 led to an overall economic slowdown across the country, as a result of a fall in oil prices, a complete shutdown of the commercial sector and businesses which further declined the government revenues and had an adverse impact on the ongoing investment sizes and activities in domains such as oil & gas, commercial sector, energy, and telecommunication, thereby leading to falling demand for physical security services during the lockdown period in the year 2020. However, the market is expected to regain its momentum in the coming years on account of reviving economic activities such as business, trade, industry, and construction owing to the upcoming FIFA world cup 2022 along with Qatar Vision 2023, which would increase the demand for physical security such as manned guarding and CCTV surveillance, thus propelling the growth of the physical security services market in near future.
According to the publisher, Qatar Physical Security Services Market size is projected to grow at CAGR of 13.3% during 2021-27. Qatar physical security services market is in the later growth stage of the industry life cycle and is anticipated to witness a burgeoning demand during the forecast period, on account of upcoming sports events and development of high-quality critical infrastructure. Further, due to expansion in aviation and natural gas sector, simultaneously hotels and hospitals for upcoming FIFA World Cup 2022 would create more growth opportunities for the physical security service market in Qatar.
Market Analysis by Service
By service types, manned guarding bagged the highest revenue share in 2020 with a CAGR captured around 13.1% for the year 2020. Since the requirement of guards is immense in events such as Asian Triathlon Cup, Qatar 7th International Cup- Weightlifting, FIFA World Cup 2022, etc. in comparison to CCTV & electronic security system. However, CCTV & electronic security system market is also expected to surge at a significant rate in the forecast period owing to an increase in the number of villas & apartments, more convenient usage, and 24×7 surveillance service with video recordings.
Market Analysis by Application
based on application, oil & gas, event and commercial segment have a cumulative market share of around 70% in the market revenues in 2020. Oil & gas registered the highest share for the year 2020 on account of expansion in North field project, Qatar gas plants, etc. Further, in forthcoming years, commercial sector would witness a significant growth in the forecast period on account of increase in office spaces and rise in number of enterprises such as Dubai Doha towers, QIMC tower, etc. simultaneously, events sector would also augment in the coming years due to the upcoming FIFA world cup, Expo 2023 Doha, etc.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
- Key Highlights of the Report
- Qatar Physical Security Services Market Overview
- Qatar Physical Security Services Market Outlook
- Qatar Physical Security Services Market Forecast
- Historical Data and Forecast of Qatar Physical Security Services Market Revenues By Service Types, Applications and Regions for the Period 2017-2027F
- Market Drivers
- Market Restraints
- Qatar Physical Security Services Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Qatar Physical Security Services Market Shares, By Company
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Service Types
- Manned Guarding
- CCTV & Electronic Security System
- Others (Cash-in-Transit, Traffic Management, etc.)
By Application
- Commercial Sector
- Residential Sector
- Oil & Gas
- Events
- Others (Banking, Institutions, Ministry, etc.)
By Regions
- Northern Region
- Southern Region
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology - Sources of Information
2.5 Robust Forecasting Model
2.6 Assumptions
3. Qatar Physical Security Services Market Overview
3.1 Qatar Physical Security Services Market Revenues
3.2 Qatar Physical Security Services Market Industry Life Cycle
3.3 Qatar Physical Security Services Market Porter’s Five Forces
4. Qatar Physical Security Services Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Qatar Physical Security Services Market Trends
6. Qatar Physical Security Services Market Overview, By Service Types
6.1 Qatar Physical Security Services Market Revenue Share, By Service Types, 2020 & 2027F
6.2 Qatar Physical Security Services Market Revenues, By Service Types, 2017-2027F
6.2.1 Qatar Physical Security Services Market Revenues, By Manned Guarding, 2017-2027F
6.2.2 Qatar Physical Security Services Market Revenues, By CCTV & Electronic Security System, 2017-2027F
6.2.3 Qatar Physical Security Services Market Revenues, By Others, 2017-2027F
7. Qatar Physical Security Services Market Overview, By Applications
7.1 Qatar Physical Security Services Market Revenue Share, By Applications, 2020 & 2027F
7.2 Qatar Physical Managed Security Services Market Revenues, By Applications, 2017-2027F
7.2.1 Qatar Physical Managed Security Services Market Revenues, By Commercial Sector, 2017-2027F
7.2.2 Qatar Physical Managed Security Services Market Revenues, By Residential Sector, 2017-2027F
7.2.3 Qatar Physical Managed Security Services Market Revenues, By Oil & Gas, 2017-2027F
7.2.4 Qatar Physical Managed Security Services Market Revenues, By Events, 2017-2027F
7.2.5 Qatar Physical Managed Security Services Market Revenues, By Others, 2017-2027F
8. Qatar Physical Security Services Market Overview, By Regions
8.1 Qatar Physical Security Services Market Revenue Share, By Regions, 2020 & 2027F
8.2 Qatar Physical Security Services Market Revenues, By Regions, 2017-2027F
8.2.1 Qatar Physical Security Services Market Revenues, By Northern Region, 2017-2027F
8.2.2 Qatar Physical Security Services Market Revenues, By Southern Region, 2017-2027F
9. Qatar Physical Security Services Market- Key Performance Indicators
10. Qatar Physical Security Services Market- Opportunity Assessment
10.1 Qatar Physical Security Services Market Opportunity Assessment, By Service Types, 2027F
10.2 Qatar Physical Security Services Market Opportunity Assessment, By Applications, 2027F
10.3 Qatar Physical Security Services Market Opportunity Assessment, By Regions, 2027F
11. Qatar Physical Security Services Market Competitive Landscape
11.1 Qatar physical security service market Revenue Share, By Companies, 2020
11.2 Qatar Physical Security Services Market Competitive Benchmarking
11.2.1 Qatar Physical Security Services Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
12.1 G4S plc
12.2 European Guarding & Security Services
12.3 Teyseer Group of Companies
12.4 Sama International Projects
12.5 Falcon Security Services W.L.L.
12.6 AMNCO Security
12.7 Bin Arbaid Group
12.8 ISC Group Gulf WLL
12.9 Profit Holding
12.10 Certis CISCO Security Pte Ltd
13. Key Strategic Recommendations
14. Disclaimer
List of Tables
Table 1: Qatar Upcoming Events
Table 2: Qatar Residential and Commercial Sector Ongoing Projects
Table 3: Qatar Physical Security Services Market Revenues, By Service Types, 2017-2027F ($ Million)
Table 4: Qatar Physical Managed Security Services Market Revenues, By Applications, 2017-2027F ($ Million)
Table 5: Qatar Major Infrastructure Projects (Contd.)
Table 6: Qatar Major Infrastructure Projects
Table 7: Qatar Commercial Ongoing and Upcoming Projects
Table 8: Qatar Ongoing Petroleum Plants
List of Figures
Figure 1: Qatar Physical Security Services Market Revenues, 2017-2027F ($ Million)
Figure 2: Qatar Physical Security Services Market Revenue Share, By Service Types, 2020 & 2027F
Figure 3: Qatar Physical Security Services Market Revenue Share, By Applications, 2020 & 2027F
Figure 4: Qatar Physical Security Services Market Revenue Share, By Regions, 2020 & 2027F
Figure 5: Qatar Physical Security Services Market Revenues, By Northern Region, 2017-2027F ($ Million)
Figure 6: Qatar Physical Security Services Market Revenues, By Southern Region, 2017-2027F ($ Million)
Figure 7: Qatar New Building Permits Issued in January- December 2020
Figure 8: Number of Factories in Qatar, 2017-2021
Figure 9: Qatar Physical Security Services Market Opportunity Assessment, By Service Types, 2027F
Figure 10: Qatar Physical Security Services Market Opportunity Assessment, By Applications, 2027F
Figure 11: Qatar Physical Security Services Market Opportunity Assessment, By Regions, 2027F
Figure 12: Qatar physical security service market Revenue Share, By Companies, 2020
Samples
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Companies Mentioned
- G4S plc
- European Guarding & Security Services
- Teyseer Group of Companies
- Sama International Projects
- Falcon Security Services W.L.L.
- AMNCO Security
- Bin Arbaid Group
- ISC Group Gulf WLL
- Profit Holding
- Certis CISCO Security Pte Ltd
