The gross investment in the Security Systems Service Activities sector in Norway was at 253.7 million NOK in 2023. Based on the forecasted data for 2024 to 2028, the sector is expected to show a steady increase. From a value of 259.0 million NOK in 2024, it is projected to grow to 278.1 million NOK by 2028. This represents an average Compound Annual Growth Rate (CAGR) of approximately 1.8% over the five-year period from 2024 to 2028.
The year-on-year growth rates reflect a consistent upward trend, indicating gradual confidence and potential expansion in this sector:
- 2024-2025: 2.0%
- 2025-2026: 1.9%
- 2026-2027: 1.7%
- 2027-2028: 1.5%
Future trends to watch for in this sector include technological advancements, increased integration of AI in security systems, and potential regulatory changes affecting security protocols and investments. Additionally, potential economic fluctuations and increased awareness of cybersecurity threats may also impact investment levels.
