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The Lithuania security services market is expected to reach a value of US$135.50 million by 2028, growing at a CAGR of 12.61% from 2023 to 2028. This growth is being driven by a number of factors, including the increasing threat of cyberattacks, the growing adoption of cloud computing and IoT devices, and the need for compliance with data protection regulations.
The Lithuanian government is a major buyer of security services, spending an estimated US$30 million per year on these services. The government procures a wide range of security services, including physical security, cybersecurity, and investigative services.
The main security services products and services procured by the Lithuanian government include:
Physical security services, such as access control, CCTV surveillance, and alarm monitoring
Cybersecurity services, such as penetration testing, vulnerability scanning, and incident response
Investigative services, such as fraud investigations, background checks, and asset tracing
The top authorities for Lithuania security services procurement are:
The Ministry of Defense
The Ministry of Interior
The National Cyber Security Centre
The State Security Department
The top winners of Lithuania security services procurement are:
G4S
ADT
Securitas
Atos
Thales
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