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The Malta security services market is expected to grow at a CAGR of 5.2% from 2022 to 2027, reaching a value of €52.5 million by 2027. The market is driven by a number of factors, including the increasing threat of cyberattacks, the growing adoption of cloud computing and the Internet of Things (IoT), and the rising demand for physical security solutions.
The Malta government is a major buyer of security services, spending an estimated €15 million per year on these services. The government procures a wide range of security services, including physical security, cyber security, and risk management.
The main security services products and services procured by the Malta government include:
Physical security: This includes services such as manned guarding, CCTV surveillance, and access control.
Cyber security: This includes services such as penetration testing, vulnerability scanning, and incident response.
Risk management: This includes services such as threat assessment, business continuity planning, and crisis management.
The top authorities for Malta security services procurement include:
The Ministry of Home Affairs and National Security
The Ministry of Defence
The Malta Police Force
The Armed Forces of Malta
The top winners of Malta security services procurement include:
G4S Malta
Securitas Malta
Argus Security Solutions
Alert Security Services
Fortress Security Malta
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