Delivered October 15, 2020. Contributor: Joseph M.
To perform an analysis of the executive protection and security market. Information to be provided will include top trends, profitability, key players, prevalent delivery models, and COVID impact on the market.
In the U.S., demand for private contracted security services was projected to expand by 4.2% per year through 2019 to a value of $66.9 billion.
Gains in this market will result from the "real and perceived risk of crime and by accelerating economic activity, particularly as new businesses form and create new users of security services."
The Security Magazine notes that the corporate executive protection sector was dominated by traditional military, government, and law enforcement practices, but has now transformed into a professional service that is delivered by specialist partners who have an understanding of how modern corporations work.
Little attention is given to soft skills such as emotional intelligence and familiarity with the inner workings of modern corporations. These skills are important because they can either make or break an EP program in the corporate world.
The proposed organization of corporate executive protection for the new operating system includes an executive protection manager, executive protection agents, protective intelligence analysts, cyber threat analysts, security operation center seats, and tech support.
Only the project owner can select the next research path.