Annual revenue of security companies in the UK 2021-2023

In 2023, Mitie Total Security Management topped the list of the leading companies in the regulated security sector in the United Kingdom. With a revenue of approximately 935 million British pounds, the company had a significant lead on other competitors, and increased their estimated annual turnover by more than 30 million British pounds between 2020 and 2023.

The UK security industry

In 2023, the region in the United Kingdom with the most enterprises in the security and investigation activities sector was London. This may have been deemed as somewhat necessary as recorded violent crime offences in the English capital city grew as COVID-19 measures were lifted, with the cost of living crisis and some of the most expensive rental costs per square meter in Europe also having increased in stature correspondingly. This was potentially good news for those involved in the business of security services, as the number of people employed in elementary security occupations grew significantly between 2021 and 2023.

The big global players

Securitas had the second-highest revenue of security companies in the United States in 2021 and the fourth-highest revenue in the United Kingdom in the same year. The size of the global security services market was recently valued at approximately 132 billion U.S. dollars. To give some context to the immense monetary value of this service, the global consulting market was valued at roughly the same amount in the corresponding year.