The analysis of European wages and salaries of private security services in 2024 indicates Germany leading with €21.71 million, followed by France with €15.12 million, and the United Kingdom with €12.52 million. Other notable countries include Spain (€10.4 million) and Italy (€5.75 million). Variations from 2023 show a positive trend in most nations; Germany saw a 5.57% increase, Poland 2.07%, and Portugal 5.24%. Some experienced declines; the UK contracted by 1.25% and Greece by 2.27%. The compound annual growth rate (CAGR) over the last five years highlights sustained growth with minor fluctuations.
Future trends to watch:
- Continued wage increases in Germany driven by higher security demands and economic stability.
- Potential for moderate growth in Eastern European countries like Poland and Romania.
- Technological advancements influencing salaries with increased demand for specialized skills.
- Economic uncertainties in the UK and Greece may moderate short-term growth in wages.
Top countries in Wages and Salaries of Private Security Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.71 | 2023 | +4.34% | +5.57% | View data |
| 2 | 2 France | 15.12 | 2023 | +0.62% | -0.22% | View data |
| 3 | 3 United Kingdom | 12.52 | 2023 | -1.7% | -1.25% | View data |
| 4 | 4 Spain | 10.4 | 2023 | +0.14% | +1.05% | View data |
| 5 | 5 Italy | 5.75 | 2023 | +0.11% | +0.08% | View data |
| 6 | 6 Poland | 4.87 | 2023 | +3.07% | +2.07% | View data |
| 7 | 7 Switzerland | 3.71 | 2023 | +1.37% | +3.35% | View data |
| 8 | 8 Netherlands | 3.66 | 2023 | +0.21% | +0.77% | View data |
| 9 | 9 Romania | 2.94 | 2023 | +0.91% | +2.14% | View data |
| 10 | 10 Belgium | 2.66 | 2023 | +2.98% | +3.3% | View data |
