Key Market Indicators
By 2028, revenue for Norwegian security systems is projected to hit approximately €639 million, up from about €599 million in 2023. This reflects a compound annual growth rate (CAGR) of 1%. Since 2013, Norway's market has experienced a steady annual increase of 2%. In the most recent rankings for 2023, Norway held the eighth position, with Ireland narrowly leading at around €599 million. Among the top contenders, Spain, Germany, and Sweden secured the second, third, and fourth spots, respectively.
