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Germany Security Systems Industry Outlook 2024 - 2028

See how Germany Security Systems performed compared to key markets such as France and Spain.

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.

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Germany Security Systems Market Data and Forecasts