UK Manned Security Market Report 2021
“The manned security sector has been broadly insulated from the impact of COVID-19 thanks to a shift in demand, from more traditional activity in retail, leisure and hospitality towards logistics…

UK Manned Security Market Report 2021

£ 1,495 (Excl.Tax)


The UK Manned Security report identifies consumer attitudes towards the manned security services market, the manned guarding services market, tech-based security practices, prison security and the cash-in-transit segment in the UK. This market report covers the market size, market forecast, market segmentation and industry trends for the Manned Security market in the UK. 

Current Market Landscape

Despite the ongoing COVID-19 pandemic and its disruption on businesses, the number of manned guarding and security companies actually increased through 2020 and 2021. The increased demand for manned security came from the establishment of COVID-19 test centres, the logistics sector which contended with a rise in activity due to ecommerce and pandemic-led disruptions, and demand for security to protect unoccupied buildings.

  • The number of business outlets increased by 38%, from 8,095 to 11,165 in 2021.
  • The value of the manned security market has increased by 11% in 2021, reaching £4.1 billion.
  • Between 2021 and 2026, the manned security market’s value is expected to rise by 19%, reaching £4.9 billion.

Accordingly, and in order to deliver services despite the limitations of lockdown and social distancing, remote monitoring rose in prevalence as a strategy to manage the increase in sites and enable the coordination of ‘on-the-ground’ activity more effectively.

Future Market Trends in Manned Security 

While activity has returned to more traditional guarding activities, such as door supervision, the national labour shortage has the potential to impact the delivery of these activities due to recruitment difficulties, as well as eating into low margins that typically characterise them – since wages rise to attract workers within the sector, as well as from businesses outside it.

This puts an impetus on firms to adopt tech-based solutions in order to shift towards a high-quality model that enables them to earn higher margins to maintain profitability in the face of rising costs. This will involve taking advantage of synergies between remote monitoring and other security activities, such as mobile guarding, alarm response, and key holding services, as well as developing expertise in security equipment and systems to enhance the efficiency of these activities.

Read on to discover more details or take a look at all of our UK Industrial market research.

Quickly understand

  • The impact of COVID-19 on the manned security market.
  • How the pandemic has accelerated the reorientation of the manned guarding segment toward tech-based practices and encouraged the upskilling of workers in the sector.
  • Developments in the UK prison system and what it means for custodial services.
  • Trends in cash usage and how they will impact the future of the cash-in-transit segment.
  • Changes in industry structure and their drivers.

Covered in this report

Services: Manned guarding (with or without dogs, static guarding, mobile guarding), CCTV monitoring, lone worker protection, close protection, uniformed guards, guard patrols, airport guarding, airport baggage security, cargo security, mail screenings, diplomatic security, anti-terrorist security, vehicle escort services, anti-bug sweeping, explosives detection, cash-in-transit (cash transportation, cash processing, cash storage technology, mixed cash solutions, end-to-end cash management), custodial services (full prison management, private prisons, ancillary services, rehabilitation, settlement services, prisoner escorting, court services, curfew enforcement via electronic monitoring)

Brands: G4S Cash Solutions (UK), Loomis UK, Mitie Security, OCS Group UK, Securitas Security Services UK.

Expert analysis from a specialist in the field

This report, written by Francesco Salau, a leading analyst in the B2B Analyst sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

The manned security sector has been broadly insulated from the impact of COVID-19 thanks to a shift in demand, from more traditional activity in retail, leisure and hospitality towards logistics and helping secure COVID-19 test centres and unoccupied properties. This has accelerated the uptake of remote monitoring, in conjunction with other practices such as mobile guarding. Adoption of these tech-enhanced practices will form a key part of the sector’s transformation to providing higher quality services with greater profitability.
Francesco Salau
B2B Analyst

Table of Contents

  1. Overview

    • Key issues covered in this Report
    • COVID-19: Market context
    • Economic and other assumptions
    • Products covered in this Report
  2. Executive Summary

    • Impact of COVID-19 on manned security
      • Figure 1: Short, medium and long-term impact of COVID-19 on the manned security market, 2021
    • The market
    • Market size and forecast
      • Figure 2: UK manned security market size and forecast, 2017-26, (£ billion)
    • Market segmentation
      • Figure 3: UK manned security market segmentation, 2017-21, (£ billion)
    • Market trends
    • Market drivers
    • Industry structure
  3. Issues and Insights

    • The pandemic highlighted the widening remit of security officers and the need to invest in upskilling
    • COVID-19 accelerated the adoption of security equipment and platforms to enhance remote monitoring
  4. Market Size

    • The impact of COVID-19 on the manned security market
      • Figure 4: Short, medium and long-term impact of COVID-19 on the manned security market, 2020-25
    • COVID-19 testing and remote monitoring expand demand for manned security services in 2021
      • Figure 5: UK manned security service market size, 2017-21, (£ billion)
  5. Market Segmentation

    • Manned guarding performance improves as remote monitoring overcomes social distancing constraints
      • Figure 6: UK manned security market size by segment, 2017-21, (£ billion)
  6. Market Forecast

    • Declining cash use to limit cash-in-transit growth, while manned guarding and custodial services benefit from demand for specialisation
      • Figure 7: UK manned security market forecast, 2021-26, (£ billion)
      • Figure 8: UK manned security market segmentation forecast, 2022-26, (£ billion)
  7. Market Trends

    • Remote monitoring and mobile guarding demonstrate how tech can create a path towards a higher margin model of manned security
    • Demand for quality is transforming the skill set of security officers
  8. Market Drivers

    • Wage competition induced by worker shortages will challenge the traditional low-margin model for manned security activities
      • Figure 9: UK job vacancies, October 2018-October 2021, (thousands of vacancies)
    • Security guarding licence applications significantly rise as COVID accelerates the industry’s tech integration
      • Figure 10: Number of SIA licence holders, December 2020-November 2021, (number of licence holders)
      • Figure 11: SIA licence applications by sector, year to November 2020 and 2021, (number of applications)
    • Decrease in cash usage accelerated by COVID-19
    • Cash and ATM usage statistics
      • Figure 12: Number of LINK ATMs, 2010-20, (units)
      • Figure 13: monthly number of transactions at link ATMs, 2018-21, (number of transactions)
      • Figure 14: Volume of cash withdrawn and average withdrawal value, Q1 2018-Q2 2021, (left axis: £ million, right axis: £)
    • Commitment to increase prison places will continue growing demand for custodial services
    • Prison funding and development
    • The current prison estate
      • Figure 15: Private prisons in England and Wales, at July 2021, (contractor and prison population)
      • Figure 16: Average prison population by nation, 2000-20, (Average prison population)
  9. Industry Structure

    • Industry structure of the manned security industry
    • Manned guarding
    • Cash-in-transit
    • Custodial services
    • SIC code analysis
    • Changes in industry structure
      • Figure 17: Analysis of changes in the industry structure of ‘private security’ activities, 2017-21 (number of businesses and outlets)
    • Changes in employment structure
      • Figure 18: Analysis of changes in the employment structure of ‘private security’ activities, 2020 and 2021, (number of outlets)
    • Changes in turnover structure
      • Figure 19: Analysis of changes in the financial structure of ‘private security’ activities, 2020 and 2021, (number of businesses)
  10. Company Profiles

    • G4S Cash Solutions (UK)
    • Recent company activity
    • Financial information
      • Figure 20: Financial analysis of G4S Cash Solutions (UK), 2015-19, (£ million and % change)
    • GEOAmey PECS
    • Recent company activity
    • Financial information
      • Figure 21: Financial analysis of GEOAmey PECS, 2015-19, (£ million and % change)
    • Loomis UK
    • Recent company activity
    • Financial information
      • Figure 22: Financial analysis of Loomis UK, 2015-19, (£ million and %)
    • Mitie Security
    • Recent company activity
    • Financial information
      • Figure 23: Financial analysis of Mitie Security Limited, 2017-21, (£ million and % change)
    • OCS Group UK
    • Recent company activity
    • Financial information
      • Figure 24: Financial analysis of OCS Group UK Limited, 2015-19, (£ million and % change)
    • Securitas Security Services UK
    • Recent company activity
    • Financial information
      • Figure 25: Financial analysis of Securitas Security Services (UK), 2016-20, (£ million and % change)
  11. Appendix – Data Sources, Abbreviations and Supporting Information

    • Abbreviations
  12. Further Contacts

    • Trade associations
    • Trade magazines and websites
    • Trade events

About the report

This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.


Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.


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*databooks not available with UK B2B Industry reports.

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