Key Market Indicators
The revenue from German security systems is projected to climb to approximately €1.7 billion by 2028, up from around €1.3 billion in 2023. This represents an average annual growth rate of 4.7%. Since 2013, the German market has exhibited a robust annual growth of 9.7%. In 2023, Germany held the third spot in the global ranking, with Spain surpassing it to take the second spot, also at roughly €1.3 billion. The ranking in 2023 saw Spain, Germany, and Sweden occupying the second, third, and fourth positions, respectively.
