Table of Contents
Executive Summary
-
- The market
- Market value rises holds steady in 2019
-
- Figure 1: UK manned security market value, 2015-19
- Market forecast
-
- Figure 2: UK manned security market forecast, 2019-24
- Figure 3: UK manned security market forecast by segment, 2019-24
- Companies and brands
- Pressure on profits is forcing strategic change
- What we think
Issues and Insights
-
- Rising costs and competition are evaporating margins
- The facts
- The implications
- Surge in contactless tech calls for new strategies for cash-in-transit
- The facts
- The implications
The Market – What You Need to Know
-
- Growth sustained despite headwinds to growth
- Effects of a disorderly Brexit could be countered by greater demand
- Custodial services is set to surpass cash-in-transit by 2022
Market Size
-
- Manned security market sustains growth in the face of headwinds
-
- Figure 4: UK manned security market value, 2015-19
Market Segmentation
-
- Rise in custodial services continues in 2019
-
- Figure 5: UK manned security market segmentation, 2015-19
- Custodial services
- Cash-in-transit
- Manned guarding
Market Forecast
-
- Manned security buoyed up by necessity of Brexit damage limitation
-
- Figure 6: UK manned security market forecast, 2019-24
- Falling cash payments to drag cash-in-transit behind custodial services
-
- Figure 7: UK manned security market forecast by segment, 2019-24
-
- Figure 8: Total value of banknotes in circulation, 2014-19
Market Trends
-
- Use of ATMs
-
- Figure 9: Number of Link ATMs, 2010-H1 2019
-
- Figure 10: Volume of transactions (including ‘on-us’ transactions), millions, Q1 2016-19
- Prison population
-
- Figure 11: UK prison population projections, 2019-23
- Wholesale and retail crime jumps sharply again in 2018
-
- Figure 12: Number of incidents of crime per 1,000 business premises by sector, excluding all fraud, 2012-18
Market Drivers
-
- Falling relevance of cash
-
- Figure 13: Number of UK cash payments, billions, 2015-22
- Thin margins are driving industry polarisation
- Minimum wage increases
-
- Figure 14: National minimum wage, £ per hour, April 2016-19
Companies and Brands – What You Need to Know
-
- Industry structure remains polarised
- Margins remain constrained by competition and importance of cash
Industry Structure
-
- Changes in industry structure
-
- Figure 15: Analysis of the changes in private security activities, number of outlets and businesses, 2015-19
- Figure 16: Analysis of the changes in security systems service activities, number of outlets and businesses, 2015-19
- Structure by employment
-
- Figure 17: Analysis of the employment structure of private security activities, 2018-19
-
- Figure 18: Analysis of the employment structure of security system service activities, 2018-19
- Structure by turnover
-
- Figure 19: Analysis of the financial structure of private security activities, £000, 2018-19
- Figure 20: Analysis of the financial structure of security system services activities, £’000, 2018-19
Company Profiles
-
- GEOAmey PECS
-
- Figure 21: Financial analysis of GEOAmey PECS, 2015-19
- G4S Cash Solutions (UK)
-
- Figure 22: Financial analysis of G4S Cash Solutions (UK), 2014-18
- Loomis UK
-
- Figure 23: Financial analysis of Loomis UK, 2014-18
- Mitie
-
- Figure 24: Financial analysis of Mitie (security division), 2016-19
- Securitas Security Services UK
-
- Figure 25: Financial analysis of Securitas Security Services UK, 2014-18
Appendix – Data Sources, Abbreviations and Supporting Information
-
- Abbreviations
- Methodology
Further Sources and Contacts
-
- Trade associations
- Trade magazines
- Trade events
Back to top