Contracting security services have become the new norm. In-house security is expensive, and the problems associated with it are beyond ramifications. Outsourcing security at highly competitive prices with better-trained security guards is the easy way out for most businesses to ensure the safety of both their personnel & property. But, should that also be applicable to you?
Let’s find out why there’s this shift in focus from the in-house security to using contract security services, as stated in the report shared by Robert H. Perry & Associates on U.S. Contract Security Industry.
Hiring Outsourced Security, A Shift In Focus
The estimated market size for companies providing in-house security is about $20 billion as according to the U.S. Contract Security Industry report. It also states that 60-75% of this market may be favorable for converting from in-house to outsourced security. The only problem is that the contract security services companies are not aggressive enough in targeting & educating this market segment as to why they should outsource their security.
Larger contract security services companies have introduced state-of-the-art technologies such as a guard tour system or even AI to enhance security operations significantly. A lot of businesses with in-house security can’t afford it, and that drives them to outsource their security to fulfill their security needs.
Cost Reduction In Managing In-House Security
Businesses irrespective of their size or industry are looking to cut costs. The ones with in-house security are doing that by using contract security services instead. The simple reason behind it is the fact that in-house security guards cost a lot more due to their long term tenure with the company and the additional expensive retirement benefits. Outsourcing security, businesses are sure to get highly trained security guards at far less outlay.
The Need To Upgrade For Handling Major Crises
A lot of businesses have begun to realize how their in-house security force isn’t as prepared to handle any major crises. Therefore, they are looking to outsource security services, and so should you, not only to save money but also to ensure the right security is in place when needed the most.
The contract security services, in most instances, provide better-trained security guards, and as stated before, they offer state-of-the-art technology such as a guard tour system to handle all sorts of security challenges. It is their ultimate goal to offer the best & the most effective security services at competitive prices. So, why not make the most out of it?
High Number Of Violent & Property Crimes
Both violent crime & property crime fell in 2018 from the previous year, according to the FBI’s annual crime statistics. In 2018, there were about 1.2 million violent crimes, according to the report. Nearly every category of violent crime decreased between 2017 and 2018, with the exception of rape offenses, which increased by 2.7 percent. In the property crime category, there were nearly 7.2 million offenses reported in 2018.
Despite the decrease in crime rates, the numbers are still alarmingly high. The fear of another terrorist attack still looms in the minds of the citizens. And all these factors combined are enough reasons for businesses to initiate or ramp-up security at places not historically in need of outsourced security protection as according to the Robert H. Perry & Associates report.
Increase In The Demand Of Outsourced Security
Did you know that the public police forces are, in most cases, operating on limited budgets with outdated equipment and low morale due to the attacks on them by the local community? This scenario is forcing many businesses as well as government agencies such as insurance companies & municipalities to outsource security to protect their property, employees, & citizens. Many of the larger contract security services companies started preparing for this increase in the demand several years ago and today are, therefore, ready to respond effectively.
Are you prepared to outsource security for your business? If yes, contact Plaza Protection to hire the best security guard services in the San Francisco Bay Area.