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The Azerbaijan security services market is expected to grow at a CAGR of 5.2% from 2022 to 2027, reaching a value of USD 1.1 billion by 2027. The market is driven by a number of factors, including the growing threat of terrorism, the increasing demand for cybersecurity solutions, and the government's focus on modernization of its security forces.
The Azerbaijan government is a major purchaser of security services. In 2021, the government spent USD 500 million on security services. The government is expected to increase its spending on security services in the coming years, as it continues to modernize its security forces and address the growing threat of terrorism.
The main security services products and services procured by the Azerbaijan government include:
Physical security services: These services include guarding, access control, and video surveillance.
Cybersecurity services: These services include penetration testing, vulnerability assessment, and incident response.
Investigation services: These services include fraud investigations, background checks, and cybercrime investigations.
Training services: These services include security awareness training, firearms training, and counterterrorism training.
The top authorities for Azerbaijan security services procurement are:
The Ministry of Defense
The Ministry of Internal Affairs
The State Security Service
The Border Guard Service
The top winners of Azerbaijan security services procurement are:
IHS Markit
Frost & Sullivan
Gartner
IDC
Research and Markets
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