Between 2013 and 2023, the number of persons employed in private security services in Italy displayed a consistent upward trajectory. The actual figure rose from 64.25 to 73.01 thousand employees, with the highest year-on-year growth seen in 2016 at 3.92%. The CAGR for the most recent five years (2019-2023) was 1.16%, indicating a moderate but steady growth rate.
Looking ahead to the forecast period (2024-2028), the employment in this sector is expected to continue growing, albeit at a slightly reduced CAGR of 0.31%. By 2028, the number of employees is projected to reach approximately 74.46 thousand, translating to a five-year growth rate of 1.57% from 2023 levels.
Future trends to watch for include:
- The potential impact of technological advancements on the demand for human security personnel.
- Economic and political factors that could influence security needs and employment rates.
- Changes in regulatory frameworks governing private security services.
