Germany and France are the leading contributors to the European Value Added of Security, Services to Buildings and Other Business Support Activities, standing at 85.2 and 49.62 billion Euros respectively in 2024. The Netherlands and Austria follow with significant figures, while countries like Cyprus and Slovenia contribute less, underlining the diverse economic scales across Europe.
In 2023, Germany experienced a 3.81% increase, while Lithuania and Cyprus showcased higher growth rates at 5.52% and 7.58%, respectively. Portugal also demonstrated a healthy year-on-year growth of 4.97%, indicating a robust expansion in the sector.
Over the past five years, the compound annual growth rate reflects steady progress, with notable growth seen in emerging economies within the sector. This sustained growth accentuates the sector's resilience and adaptation amid market changes.
Future trends to monitor include technological advancements in security services, a rising emphasis on sustainable building services, and regional expansions. Additionally, regulatory changes and economic shifts could influence the balance of market contributions across countries.
Top countries in Value Added of Security, Services to Buildings and Other Business Support Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,200 | 2023 | +4.34% | +3.81% | View data |
| 2 | 2 France | 49,620 | 2023 | +1.8% | +1.42% | View data |
| 3 | 3 Netherlands | 12,730 | 2023 | +1.6% | +2% | View data |
| 4 | 4 Austria | 6,760 | 2023 | +2.56% | +2.57% | View data |
| 5 | 5 Portugal | 5,060 | 2023 | +3.31% | +4.97% | View data |
| 6 | 6 Slovakia | 2,240 | 2023 | +4.98% | +2.61% | View data |
| 7 | 7 Lithuania | 734.02 | 2023 | +4.83% | +5.52% | View data |
| 8 | 8 Slovenia | 489.33 | 2023 | +2.83% | +4.03% | View data |
| 9 | 9 Croatia | 441.47 | 2023 | +2.86% | +3.03% | View data |
| 10 | 10 Cyprus | 266.29 | 2023 | +5.83% | +7.58% | View data |
