Households drive market demand, with household spending representing 62.0% of total demand in 2023. Al Majal G4s Security Services is the largest company in Saudi Arabia, generating 18.2% of the industry’s total turnover value in 2023. The industry is fragmented, with the top one company generating 18.2% of total production value in 2023. The total number of companies increases in 2023, to 592 units. The costs of the industry decrease by 0.5% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 43.2% of turnover in 2023, the highest regionally. With turnover of USD2.3 billion, Saudi Arabia accounts for 26.3% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Investigation and Security Services in Saudi Arabia: ISIC 7492. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Investigation and Security Services in Saudi Arabia: ISIC 7492 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of accounting and auditing, advertising, architectural and engineering services, building-cleaning services, business and management consultancies, computer and related services, investigation and security services, legal services and other business services.
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