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Serbia Security Systems Industry Outlook 2024 - 2028

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

Key Market Indicators

The revenue generated by Serbian security systems is projected to surge to approximately €276 million by 2028, up from around €245 million in 2023. This marks an average annual growth rate of 1.7%. Since 2019, the Serbian market has demonstrated a robust upward trajectory, growing at an average annual rate of 13.4%. In the 2023 rankings, Serbia secured the 11th position. Denmark outperformed Serbia, matching its 2023 revenue at approximately €245 million. Leading the rankings were Spain, Germany, and Sweden, occupying the 2nd, 3rd, and 4th spots, respectively.

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Serbia Security Systems Market Data and Forecasts