Between 2013 and 2023, the number of employees in security systems services in Spain has seen a significant upward trend, increasing from 5.45 thousand to 22.89 thousand. The employment levels experienced notable growth spurts, particularly between 2017 and 2019, with a peak year-on-year growth of 80.34% in 2018. From 2020 to 2022, employment continued to grow steadily, with average annual growth rates above 10%. In 2023, employment stood at 22.89 thousand, marking a year-on-year growth of 10.38% from 2022. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was 12.07%.
Future forecast data from 2024 to 2028 suggest a continuation of this growth trajectory, albeit at a slightly reduced CAGR of 5.9%. The projected employment is expected to reach 33.33 thousand by 2028, representing a forecasted 33.22% growth from 2023 levels.
Future trends to watch for include technological advancements in security systems, increased demand due to rising concerns about safety, and potential regulatory changes affecting the industry. These factors could drive the need for more specialized talent and therefore influence future employment trends.
