Key Market Indicators
Luxembourger Security Systems Revenue is on track to reach €17 million by 2028, up from €14 million in 2023. This growth represents a 3.4% compound annual growth rate (CAGR). Since 2014, Luxembourg's market has seen a steady increase of 1.5% year on year. In 2023, Luxembourg ranked 25th in the global market for security systems revenue. Slovenia, narrowly ahead, also reported revenues of €14 million. Spain, Germany, and Sweden secured the top three positions in this ranking, respectively taking the second, third, and fourth spots.
