The sold production of burglar or fire alarms in the UK stood at 79.1 million items in 2023. The forecast for the upcoming years indicates steady growth, with figures projected to reach 82.526 million in 2024, 86.057 million in 2025, 89.518 million in 2026, 92.909 million in 2027, and 96.233 million in 2028. These values show a consistent annual year-on-year increase in volume.
Year-on-year variations in percentage over the last two years reflect an average growth rate of approximately 4.91% from 2023 to 2024, and 4.28% from 2024 to 2025. Over a five-year period, the compound annual growth rate (CAGR) is projected to be around 4.01%.
Future trends to watch for include the impact of advancements in technology on the sophistication of security systems, legislative changes influencing mandatory security installations, and the overall economic conditions affecting consumer and business spending on security measures.
