"We've got wars going on in certain parts of the world, we have elections, we have protests, we have social challenges, we have immigration challenges that face different countries around the world. It all creates a need for additional security," said Steve Jones of Allied Universal.
According to an October report by Fortune Business Insights, the global private security market is expected to grow from $247.75 billion in 2024 to $385.32 billion by 2032, with manned security leading this growth.
In recent months, activists have targeted several high-profile companies and events, including Allianz Insurance and the Amazon Web Services Summit, emphasizing the increasing political unrest affecting corporate security needs.
As political instability rises, companies tied to sensitive issues—including Israel's conflict—are notably increasing their security expenditures, necessitating private security services.
#executive-security #political-activism #corporate-safety #private-security-market #global-instability
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