In 2024, the number of persons employed in private security services in Norway is forecasted at 8.51 thousand, slightly declining year-on-year until 2028 where it’s projected to be 8.47 thousand. The starting point in 2023 was 8.52 thousand. This gradual decrease shows a minor year-on-year variation, with a steady yet slow downward trend. Over the last two years (2023-2024), the employment figures have varied by approximately -0.12%. The compound annual growth rate (CAGR) over the last five years indicates a subtle decline of -0.12% per year.
Future trends to watch for include potential impacts from technological advancements like automation and AI which could further influence employment numbers in the security services sector. Additionally, economic factors and potential regulatory changes could also impact employment trends in this industry.
