The global Private Military Services market was valued at US$ 209120 million in 2022 and is projected to reach US$ 279120 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Private military companies refer to their business generally as the "private military industry" or "The Circuit". The services and expertise offered by PMCs are typically similar to those of governmental security, military or police forces.
This report aims to provide a comprehensive presentation of the global market for Private Military Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Private Military Services. This report contains market size and forecasts of Private Military Services in global, including the following market information:
Global Private Military Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The market is really fragmented. Top 10 manufacturers only occupied 6.24% market share in 2019. G4S is the largest player in the market, accounted for 3.58% market share.
We surveyed the Private Military Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Private Military Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Private Military Services Market Segment Percentages, by Type, 2022 (%)
- Guard Services
- Armored Transport
- Others
Global Private Military Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Private Military Services Market Segment Percentages, by Application, 2022 (%)
- Government
- Commercial and Industrial
- Others
Global Private Military Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Private Military Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Private Military Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Private Military Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- G4S
- Constellis
- Northrop Grumman
- L3 Technologies
- Aegis Defence Services
- Jorge Scientific Corporation
- MVM, Inc.
- DynCorp
- KBRInc.
- Northbridge Services Group
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Private Military Services, market overview.
- Chapter 2: Global Private Military Services market size in revenue.
- Chapter 3: Detailed analysis of Private Military Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Private Military Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
