Analysis of the employment trends in the private security services sector in Finland reveals significant growth over the last decade. Starting at 8.5 thousand employees in 2013, the sector has exhibited considerable fluctuations, culminating at 13.17 thousand in 2023. Specifically, employment saw an average compound annual growth rate (CAGR) of 0.93% in the five years preceding 2023, despite a noticeable dip in 2020 due to external factors.
Year-on-year variations have showcased peaks and troughs: 2016 and 2017 exhibited robust growth of 6.72% and 14.63%, respectively, whereas 2020 marked a significant decline of -9.46%. Post-2020, stability started to return, with modest gains averaging around 2.73% in 2023.
Future trends predict stable yet moderate growth. By 2028, the workforce is forecasted to reach approximately 14.86 thousand. The five-year growth rate is pegged at 10.01%, translating to a CAGR of 1.93%. These projections should be monitored against emerging technologies and regulatory changes that could impact industry dynamics.
