Guard Tour System Market

Global Guard Tour System Market By Type (Web-based, Local network client-server, Desktop), By Patrol System (Wand Guard Patrol System, Cloud Guard Petrol System), By Functionality (Real-time Data Delivery, Offline), By End-user (Security Companies, Educational Institutes, Real Estate Organizations, Public Transport Services, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: CM-19
  • Author: Growth Market Reports
  • Rating: 4.3
  • Total Reviews: 75
  • No. Of Pages: 320
  • Format:
  • Pub. Date: 2020-07-08
  • Share:

Market Outlook:

The global Guard Tour System Market was valued at USD 220.1 Million in 2019 and is projected to reach USD 273.3 Million by 2027, expanding at a CAGR of 3.9% during the forecast period. A guard tour system tracks security tours, which helps organizations and companies to log, organize and execute guard tours and patrols in their assets. The guard tour systems market is segmented on the basis of types, patrol systems, Functionality, end-users, and regions. Rising demand for security fuels the growth of the market.

Guard Tour System Market Value

Market Dynamics
The market is driven by factors such as rise in the use of real-time tracking, integration of technology, rising security breaches and sophisticated attacks across enterprises and countries, increasing adoption of guard tour systems in emerging countries. Conversely, high costs of guard tour systems and lack of awareness among consumers are key restraints of this market. Increasing adoption of cloud-based systems and rising adoption of surveillance systems is an opportunity for manufacturer.

Segmental Outlook

On the basis of types, the guard tour system market is segmented into web-based versions, local network client-server, and desktop. The web-based system segment is estimated to hold a large share of the market during the forecast period due to the ease of access to the data and security of the data. The web based system is also used for connecting with the other systems, which are present at other locations, and also collects data through the multiple devices and locations and stores in a cloud based system, which can be accessed anywhere. Therefore the segment is anticipated to expand at high CAGR of 4.1% during the forecast period.

Guard Tour System Market BPS Analysis

Based on patrol systems, the guard tour systems market is segmented into wand guard patrol systems (handheld devices) and cloud guard patrol system (Mobile & Cloud Technology). The cloud guard patrol system (mobile & cloud technology) segment is anticipated to expand at a CAGR of 4.1% due to the use of mobile & cloud-based technology, for tracking and analyzing data, using mobile application. The wand guard patrol systems (handheld devices) segment is anticipated to constitute 50.8% share of the market by 2027 due to the increasing demand for patrolling, growing number of threats, and rising security concerns.

In terms of Functionality, the market is segregated into real-time data delivery and offline. The real-time data delivery segment accounts for a major share of the market and is anticipated to expand at a high CAGR during the forecast period. The real-time data delivery systems segment is projected to constitute 1/5 share of the market by 2027, as these systems provide access to the data in real-time and help in monitoring the activities of the security personnel, thus fueling the segment.
On the basis of end-users, the guard tour systems market is segmented into security companies, educational institutes, real estate organization, public transport services, and others. The security companies segment is projected to constitute 1/3 share of the market by 2027, due to the increasing demand for security services and rising number of security breaches.

Definitions

By type


Web-based: Web-based services are used for tracking and analyzing data, using a software. The system uses combination of advanced technologies such as Internet of Things (IoT) for analyzing the data. The IoT connects devices that are used for managing and tracking the activities in different locations. It provides access to information of the activities of the guards, present in several location, which is one of the major advantage for this system. Increasing access to the Internet is one of the major factors propelling the demand for web-based systems.

Local Network Client Server: The local network is one of the methods for analyzing and tracking changes in the guard tour systems. The network uses hardware and software for collection data. This helps in determining threats and monitoring potential threats. It connects with the VPN software, which is used for communicating information. This also allows to connect with the main office of the network center.

Desktop: The guard security tour system is installed on the desktop. The collected data is transferred to desktop, using devices. The data is analyzed and monitored after gaining access to the desktop at the main location. However, a person cannot access the information on other devices or applications.

By End-user

Security Companies: Security companies provide services such as the installation and maintenance of electronic security products. These companies provide services such as patrolling services and security guards to organizations and private institutes to prevent security breaches and unauthorized activities. Increase in awareness regarding safety among customers is fueling the growth of the market.

Educational Institutes: Educational institutes are vulnerable to several attacks, which is one of the major factors for the use of guard tour systems. The use of the security devices, ensures safety on the premises, thus fueling market growth. The guard tour systems provide real-time data that helps monitor and track activities. These systems are used for monitoring the movements of the staff and the children in-real time.

Real Estate Organizations: Real estate organizations are prone to several intrusions and threats. This has led to the adoption of guard tour systems to determine potential threats. These systems track movements; thereby gathering information in the monitored areas.

Public Transport Services: Public transport services employ security services to provide security to the passengers. Security devices detect the possibility of the potential offenders using these services, thus creating a safe environment for passengers. Moreover, the safety of the passengers is a major concern, which has led to the adoption of the guard tour systems. These systems are embedded with alarms that alert the authorities.

Others: The others segment includes residential complexes and healthcare departments such as hospitals and retail stores, hotels, remote locations, malls, and other places such as finance institutes where regular checking at selected locations are required. These services are used for collecting data at these locations. The collected data is transferred to the servers, thus helping to analyze monitor threats. Moreover, the systems provide access to the data collected at various locations.

Guard Tour System Market By End-user

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Europe is a promising region for the market. It constituted 1/3 share of the market in 2019. The market in the Asia Pacific, is projected to expand at a CAGR of xx% during the forecast period, between 2020 and 2027. The demand for guard tour systems from end-users industries, such as security companies, educational institutes, real estate organizations, and public transport services, is expected to rise during the forecast period, between 2020 and 2027. The market in North America is projected to expand at a CAGR of xx% due to the increased demand for guard tour systems in security companies, educational institutes, real estate organizations, public transport services, in this region.

Guard Tour System Market By Region

Competitive Landscape

  • Key players in the global guard tour systems market include Oysta Technology, TimeKeeping Systems Inc. and others. They are considered as key manufacturers in the market based on their different varieties of product availability, regional presence, superior supply chain management system, and high demand for the products.

  • The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the Guard Tour System is added in the company’s capacity.

  • For instance, In July, 2020, Gallinet Ltd released PeopleHours Version. This helped the company increase services in peopleHours Version.

  •  In June, 2018, Gallinet Ltd launched a version of PeopleHours. This new version of PeopleHourshas has features and performance improvements to the application. This action of the company helps them to increase services in peopleHours Version.

Guard Tour System Market Share Analysis


Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Guard Tour System Market

  • Historical, Current and Projected Market Size in terms of Value

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Guard Tour System Market Performance

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Guard Tour Systems Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Guard Tour Systems Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Guard Tour Systems Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Guard Tour Systems Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Guard Tour Systems Market Size & Forecast, 2017-2027
      4.5.1 Guard Tour Systems Market Size and Y-o-Y Growth
      4.5.2 Guard Tour Systems Market Absolute $ Opportunity
Chapter 5 Global Guard Tour Systems Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Guard Tour Systems Market Size Forecast By Type
      5.2.1 Web-based
      5.2.2 Local network client-server
      5.2.3 Desktop
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Guard Tour Systems Market Analysis and Forecast By Patrol System
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Patrol System
      6.1.2 Basis Point Share (BPS) Analysis By Patrol System
      6.1.3 Absolute $ Opportunity Assessment By Patrol System
   6.2 Guard Tour Systems Market Size Forecast By Patrol System
      6.2.1 Wand Guard Patrol System
      6.2.2 Cloud Guard Patrol System
   6.3 Market Attractiveness Analysis By Patrol System
Chapter 7 Global Guard Tour Systems Market Analysis and Forecast By Functionality
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Functionality
      7.1.2 Basis Point Share (BPS) Analysis By Functionality
      7.1.3 Absolute $ Opportunity Assessment By Functionality
   7.2 Guard Tour Systems Market Size Forecast By Functionality
      7.2.1 Real-time Data Delivery
      7.2.2 Offline
   7.3 Market Attractiveness Analysis By Functionality
Chapter 8 Global Guard Tour Systems Market Analysis and Forecast By End-User
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By End-User
      8.1.2 Basis Point Share (BPS) Analysis By End-User
      8.1.3 Absolute $ Opportunity Assessment By End-User
   8.2 Guard Tour Systems Market Size Forecast By End-User
      8.2.1 Security Companies
      8.2.2 Educational Institutes
      8.2.3 Real Estate Organization
      8.2.4 Public Transport Services
      8.2.5 Others
   8.3 Market Attractiveness Analysis By End-User
Chapter 9 Global Guard Tour Systems Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Guard Tour Systems Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Guard Tour Systems Market Analysis and Forecast
   11.1 Introduction
   11.2 North America Guard Tour Systems Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Guard Tour Systems Market Size Forecast By Type
      11.6.1 Web-based
      11.6.2 Local network client-server
      11.6.3 Desktop
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 North America Guard Tour Systems Market Size Forecast By Patrol System
      11.10.1 Wand Guard Patrol System
      11.10.2 Cloud Guard Patrol System
   11.11 Basis Point Share (BPS) Analysis By Patrol System
   11.12 Absolute $ Opportunity Assessment By Patrol System
   11.13 Market Attractiveness Analysis By Patrol System
   11.14 North America Guard Tour Systems Market Size Forecast By Functionality
      11.14.1 Real-time Data Delivery
      11.14.2 Offline
   11.15 Basis Point Share (BPS) Analysis By Functionality
   11.16 Absolute $ Opportunity Assessment By Functionality
   11.17 Market Attractiveness Analysis By Functionality
   11.18 North America Guard Tour Systems Market Size Forecast By End-User
      11.18.1 Security Companies
      11.18.2 Educational Institutes
      11.18.3 Real Estate Organization
      11.18.4 Public Transport Services
      11.18.5 Others
   11.19 Basis Point Share (BPS) Analysis By End-User
   11.20 Absolute $ Opportunity Assessment By End-User
   11.21 Market Attractiveness Analysis By End-User
Chapter 12 Europe Guard Tour Systems Market Analysis and Forecast
   12.1 Introduction
   12.2 Europe Guard Tour Systems Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Guard Tour Systems Market Size Forecast By Type
      12.6.1 Web-based
      12.6.2 Local network client-server
      12.6.3 Desktop
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Europe Guard Tour Systems Market Size Forecast By Patrol System
      12.10.1 Wand Guard Patrol System
      12.10.2 Cloud Guard Patrol System
   12.11 Basis Point Share (BPS) Analysis By Patrol System
   12.12 Absolute $ Opportunity Assessment By Patrol System
   12.13 Market Attractiveness Analysis By Patrol System
   12.14 Europe Guard Tour Systems Market Size Forecast By Functionality
      12.14.1 Real-time Data Delivery
      12.14.2 Offline
   12.15 Basis Point Share (BPS) Analysis By Functionality
   12.16 Absolute $ Opportunity Assessment By Functionality
   12.17 Market Attractiveness Analysis By Functionality
   12.18 Europe Guard Tour Systems Market Size Forecast By End-User
      12.18.1 Security Companies
      12.18.2 Educational Institutes
      12.18.3 Real Estate Organization
      12.18.4 Public Transport Services
      12.18.5 Others
   12.19 Basis Point Share (BPS) Analysis By End-User
   12.20 Absolute $ Opportunity Assessment By End-User
   12.21 Market Attractiveness Analysis By End-User
Chapter 13 Asia Pacific Guard Tour Systems Market Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Guard Tour Systems Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Guard Tour Systems Market Size Forecast By Type
      13.6.1 Web-based
      13.6.2 Local network client-server
      13.6.3 Desktop
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Asia Pacific Guard Tour Systems Market Size Forecast By Patrol System
      13.10.1 Wand Guard Patrol System
      13.10.2 Cloud Guard Patrol System
   13.11 Basis Point Share (BPS) Analysis By Patrol System
   13.12 Absolute $ Opportunity Assessment By Patrol System
   13.13 Market Attractiveness Analysis By Patrol System
   13.14 Asia Pacific Guard Tour Systems Market Size Forecast By Functionality
      13.14.1 Real-time Data Delivery
      13.14.2 Offline
   13.15 Basis Point Share (BPS) Analysis By Functionality
   13.16 Absolute $ Opportunity Assessment By Functionality
   13.17 Market Attractiveness Analysis By Functionality
   13.18 Asia Pacific Guard Tour Systems Market Size Forecast By End-User
      13.18.1 Security Companies
      13.18.2 Educational Institutes
      13.18.3 Real Estate Organization
      13.18.4 Public Transport Services
      13.18.5 Others
   13.19 Basis Point Share (BPS) Analysis By End-User
   13.20 Absolute $ Opportunity Assessment By End-User
   13.21 Market Attractiveness Analysis By End-User
Chapter 14 Latin America Guard Tour Systems Market Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Guard Tour Systems Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Guard Tour Systems Market Size Forecast By Type
      14.6.1 Web-based
      14.6.2 Local network client-server
      14.6.3 Desktop
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Latin America Guard Tour Systems Market Size Forecast By Patrol System
      14.10.1 Wand Guard Patrol System
      14.10.2 Cloud Guard Patrol System
   14.11 Basis Point Share (BPS) Analysis By Patrol System
   14.12 Absolute $ Opportunity Assessment By Patrol System
   14.13 Market Attractiveness Analysis By Patrol System
   14.14 Latin America Guard Tour Systems Market Size Forecast By Functionality
      14.14.1 Real-time Data Delivery
      14.14.2 Offline
   14.15 Basis Point Share (BPS) Analysis By Functionality
   14.16 Absolute $ Opportunity Assessment By Functionality
   14.17 Market Attractiveness Analysis By Functionality
   14.18 Latin America Guard Tour Systems Market Size Forecast By End-User
      14.18.1 Security Companies
      14.18.2 Educational Institutes
      14.18.3 Real Estate Organization
      14.18.4 Public Transport Services
      14.18.5 Others
   14.19 Basis Point Share (BPS) Analysis By End-User
   14.20 Absolute $ Opportunity Assessment By End-User
   14.21 Market Attractiveness Analysis By End-User
Chapter 15 Middle East & Africa (MEA) Guard Tour Systems Market Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Guard Tour Systems Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Guard Tour Systems Market Size Forecast By Type
      15.6.1 Web-based
      15.6.2 Local network client-server
      15.6.3 Desktop
   15.7 Basis Point Share (BPS) Analysis By Type
   15.8 Absolute $ Opportunity Assessment By Type
   15.9 Market Attractiveness Analysis By Type
   15.10 Middle East & Africa (MEA) Guard Tour Systems Market Size Forecast By Patrol System
      15.10.1 Wand Guard Patrol System
      15.10.2 Cloud Guard Patrol System
   15.11 Basis Point Share (BPS) Analysis By Patrol System
   15.12 Absolute $ Opportunity Assessment By Patrol System
   15.13 Market Attractiveness Analysis By Patrol System
   15.14 Middle East & Africa (MEA) Guard Tour Systems Market Size Forecast By Functionality
      15.14.1 Real-time Data Delivery
      15.14.2 Offline
   15.15 Basis Point Share (BPS) Analysis By Functionality
   15.16 Absolute $ Opportunity Assessment By Functionality
   15.17 Market Attractiveness Analysis By Functionality
   15.18 Middle East & Africa (MEA) Guard Tour Systems Market Size Forecast By End-User
      15.18.1 Security Companies
      15.18.2 Educational Institutes
      15.18.3 Real Estate Organization
      15.18.4 Public Transport Services
      15.18.5 Others
   15.19 Basis Point Share (BPS) Analysis By End-User
   15.20 Absolute $ Opportunity Assessment By End-User
   15.21 Market Attractiveness Analysis By End-User
Chapter 16 Competition Landscape
   16.1 Guard Tour Systems Market: Competitive Dashboard
   16.2 Global Guard Tour Systems Market: Market Share Analysis, 2019
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 Beijing Guodian NDT. Co.,Ltd

16.4.2 Beijing Landwell Electron Technology Co., Ltd
16.4.3 Blue Mobile Systems AB
16.4.4 COREDINATE GmbH
16.4.5 deister electronic Ltd.
16.4.6 Detex Corporation
16.4.7 DPRO Technology Sdn Bhd
16.4.8 EBS Ltd
16.4.9 EGT LTD
16.4.10 GALLAGHER GROUP LIMITED
16.4.11 Gallinet Ltd
16.4.12 Innovise
16.4.13 JM Prime Technologies Ltd
16.4.14 JWM Hi-Tech Development Co., Ltd
16.4.15 Kugadi Inc.
16.4.16 Morse Watchmans
16.4.17 NAM system a.s.
16.4.18 Omnigo Software
16.4.19 OnGuard
16.4.20 Oysta Technology
16.4.21 Promag Europe
16.4.22 RBH Security Group Ltd
16.4.23 S.A.V.V. Srl
16.4.24 Shenyang VSDIGITAL Technology Co., Ltd
16.4.25 Terracom S.A.
16.4.26 TimeKeeping Systems, Inc.
16.4.27 TOMST
16.4.28 TopSecu Technology Limited
16.4.29 Trackforce Valiant
Key Segments Covered
By Type
  • Web-Based Version
  • Local Network Client-Server
  • Desktop
By Patrol System
  • Wand Guard Patrol System
  • Cloud  Guard Patrol System
By Functionality
  • Real Time Data Delivery
  • Offline
By End User
  • Security Companies
  • Educational Institutes
  • Real Estate Organization
  • Public Transport Services
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Poland
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
Key Market Players Profiled in the Report
  • Accessium Ltd
  • Beijing Guodian NDT Co. Ltd
  • Beijing Landwell Electron Technology CO
  • Blue Mobile Systems AB
  • COREDINATE GmbH
  • Deister Electronic UK Ltd
  • Detex Corporation
  • Dorlet S.A.U.
  • EBS Sp. z o.o.
  • EGT Ltd
  • Gallagher Security (Europe) Ltd
  • Gallinet
  • Innovise PLC
  • JWM Hi-Tech Development Co., Ltd
  • Kugadi
  • Morse Watchmans
  • Onguard
  • Oysta Technology Ltd
  • Promag Europe
  • RBH Security Group Ltd
  • SAVV S.r.l.
  • SHENYANG VS Software CO., LTD.
  • Shenzhen Recoda Technologies Limited
  • Technology Sdn Bhd
  • TOMST s.r.o.
  • TimeKeeping Systems, Inc.
  • Terracom S.A.
  • Trackforce
  • TopSecu Technology Limited
  • NAM System AS

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers supply chain of products including customers and distribtors.

According to this Growth Market Reports report, the market from Guard Tour System is likely to register a CAGR of 3.9% during forecast period 2020-2027, with an anticipated valuation of US$ 273.3 million by the end of the 2027.

In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such as Pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided, Extensive Pipeline Analysis (2015 to 2019), Impact of key regulation for Guard Tour System Market is available in final report.

The market is driven by factors such as increasing crime rate in the cities, increased services by the security companies, rising breaches in the real estate centers, and increasing adoption of new technologies such as RFID, real time screening is expected to drive the market growth during forecast period.

security companies are the key end-user that are driving the Guard Tour System Market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness increment of over -2.6% between 2019 and 2020 owing to the huge impact of COVID-19 pandemic on the Guard Tour System Market. The ongoing research of Guard Tour System for COVID-19 string is expected to decline the production Guard Tour System product.

The base year considered for the global Guard Tour System Market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2021 to 2027.

Major Manufactures include, Oysta Technology, TimeKeeping Systems Inc. and others.