Security Systems Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Security Systems Industry

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.

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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?

Forecast: European Turnover of Security Systems Services
Forecast: Turnover of Security Systems Services in the EU28
Forecast: Turnover of Security Systems Services in the EU27 (2020)
Forecast: Turnover of Security Systems Services in France
Forecast: Turnover of Security Systems Services in Spain
More in Security Systems Industry for 2028

Global Security Systems Statistics

Global Security Systems Industry Database