The data from 2023 shows that Hungary leads with the highest number of high-growth enterprises in the security systems services sector across the listed European countries. Notably, the year-on-year variation from the previous year highlights Slovakia, Lithuania, and Hungary as top performers with significant growth, while Czech Republic, Latvia, and Norway have experienced declines. Italy, Portugal, and Romania show moderate increases.
Future trends to watch include:
- Potential for continued growth in Hungary, Slovakia, and Lithuania.
- Recovery opportunities for countries with current downturns like Norway and Latvia.
- Impact of technological advancements and regulatory changes on industry performance.
- Increasing importance of security systems due to rising digital threats.
Top countries in Number of High Growth Enterprises in Security Systems Services by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 79 | 2023 | +21.54% | +14.58% | View data |
| 2 | 2 Italy | 22 | 2023 | +10% | +9.46% | View data |
| 3 | 3 Portugal | 15 | 2023 | +25% | +8.45% | View data |
| 4 | 4 Slovakia | 12 | 2023 | +20% | +14.87% | View data |
| 5 | 5 Lithuania | 12 | 2023 | +20% | +14.87% | View data |
| 6 | 6 Czech Republic | 11 | 2023 | +10% | -4.71% | View data |
| 7 | 7 Latvia | 10 | 2023 | 0% | -5.11% | View data |
| 8 | 8 Romania | 4 | 2023 | 0% | +5.92% | View data |
| 9 | 9 Norway | 1 | 2023 | 0% | -19.73% | View data |
| 10 | 10 Iceland | 1 | 2023 | 0% | 0% | View data |
