Key Market Indicators
Revenue from Portuguese security systems is projected to climb to €291 million by 2028, up from €214 million in 2023. This represents an average annual growth rate of 4.8%. Since 2013, the market in Portugal has experienced a yearly growth rate of 9.1%. In 2023, Portugal ranked 13th in the global market, having been overtaken by Belgium, which also posted €214 million in revenue. Leading the rankings were Spain, Germany, and Sweden, occupying the second, third, and fourth positions respectively.
