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Portugal Security Systems Industry Outlook 2024 - 2028

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

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.

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Portugal Security Systems Market Data and Forecasts