Manned Security - UK - November 2015
“Low cost delivery demands continue to push down prices, making competitive contract bids even more difficult for smaller firms in the manned security industry. Larger facilities management companies that can offer customers greater economies have a price advantage, but are also seeing a fall in revenues achieved per contract. Upcoming minimum wage increases and the introduction of the living wage in 2016 will add further pressure to a market traditionally reliant on lower waged staff, with the manpower-intensive manned security sector particularly affected.”
– Ambreen Ahmad, Research Analyst
This report will explore the following key issues regarding the manned security industry in the UK:
- What are the key factors creating demand for manned security?
- How have changing economic conditions affected the market?
- How can small companies compete with larger facilities management providers?
- How is technology impacting the manned security market?
- What does the future of the UK’s manned security sector look like?
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