The number of persons employed in Security and Investigation Services in Germany showed an upward trend from 2013 to 2017, peaking at 254.9 thousand. This was followed by a gradual decline starting in 2018. By 2023, the employment numbers decreased to 182.78 thousand, a significant drop from the peak. Year-on-year variation over the last two years (2022-2023) shows substantial declines, with -6.18% in 2022 and -6.52% in 2023. The five-year CAGR leading up to 2023 was -5.5%. Future trends indicate a continuous decline in employment in this sector, with a forecasted 5-year CAGR of -6.6% leading to a projected figure of 120.91 thousand by 2028.
Future trends to watch for include:
- Impact of technological advancements and automation on workforce requirements.
- Shifts in security needs due to geopolitical changes and economic factors.
- Potential policy changes affecting the security industry.
