Many companies work in the market to develop advanced products and services. They spend millions of dollars on research to increase the quality of the product. New companies come to the market to sell their products or services that raise the competition in the market. It becomes hard for a company to manage its business in the market. Many firms have a lack of security in their offices which decreases their efficiency in the market. Numerous firms are hiring security firms in Singapore to increase their revenue. Loss in business The number of competitors is high in the market that increases the competition. Some companies hire people to steal the data from the other companies that can cause loss to them. Some employers do not spend money on security. It makes the employees scared in their offices that decrease their efficiency. Most of the employees cannot focus on their tasks in the environment of fear. It also makes an investor repel from these firms as they do not want to fac