European Security Systems Trends in 2024
Security Systems is part of IT Hardware and includes a number of sub-sectors such as Biometrics, Security System Equipment, Intrusion Detection, Automotive Security System and Access Control. You may also be interested in Computer Hardware.
The European Security Systems market is projected to see substantial growth, with revenue expected to climb to approximately €14.7 billion by 2028. This marks an increase from around €12.7 billion in 2023, reflecting an average annual growth rate of 2.6%. Since 2019, the European market has experienced a consistent upward trend, averaging a 4.7% increase year on year. In the current year, France has emerged as the leader in Security System Services Revenue, generating about €2.5 billion. Following France, Spain, Germany, and Sweden occupy the second, third, and fourth spots respectively in the revenue rankings. Among the notable performers, Cyprus has shown remarkable growth, with a year-on-year increase of 17.8%. Conversely, Croatia has faced significant setbacks, witnessing a steep decline of 56.7% annually since 2019.
Top 10 countries
In 2024 major markets in the Security Systems Industry were:
World Security Systems Market Data and Forecasts
How much the Security Systems industry is expected to grow to 2028?
More in Security Systems Industry for 2028Global Security Systems Statistics
- Enterprise Survival Rate 48 countries (Europe, Northern Europe, Eastern Europe...)
- Lighting Import 191 countries (Africa, Sub-Saharan Africa, Asia...)
- Business Birth 52 countries (Europe, Northern Europe, Western Europe...)
- Lighting Export 184 countries (Asia, Latin America, Africa...)
- Number Of Enterprises 66 countries (Europe, Northern Europe, Southern Europe...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
- Business Death 49 countries (Europe, Northern Europe, Western Europe...)
- Security System Services Revenue 47 countries (Europe, Northern Europe, Eastern Europe...)
- Number Of High Growth Enterprises 48 countries (Europe, Eastern Europe, Northern Europe...)
- Employment Income 87 countries (Europe, Southern Europe, Northern Europe...)