In 2023, France led the European wages and salaries in security systems services with over 668 million euros, followed by Spain and Poland. The year-on-year growth showed substantial increases in Serbia and Slovakia, while countries like Greece and Croatia experienced declines. Over the last five years, the compound annual growth rate reveals consistent upward momentum in Hungary and Cyprus.
Looking ahead, anticipate further growth driven by evolving security needs and technological advancements. Emphasis on cybersecurity and smart systems may affect salary trends, with Western European countries likely to see moderate growth compared to Eastern European counterparts pursuing catch-up growth.
Top countries in Wages and Salaries of Security Systems Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 668.5 | 2023 | +4.99% | +2.06% | View data |
| 2 | 2 Spain | 426.6 | 2023 | +4.97% | +7.3% | View data |
| 3 | 3 Poland | 393.5 | 2023 | +3.8% | +3.49% | View data |
| 4 | 4 Germany | 339.3 | 2023 | +2.26% | +3.34% | View data |
| 5 | 5 United Kingdom | 300.1 | 2023 | +2.6% | +3.88% | View data |
| 6 | 6 Sweden | 217.8 | 2023 | +1.35% | +0.88% | View data |
| 7 | 7 Norway | 212.4 | 2023 | +0.57% | +1.31% | View data |
| 8 | 8 Ireland | 205.1 | 2023 | -0.44% | -2.13% | View data |
| 9 | 9 Denmark | 148.3 | 2023 | +1.3% | +1.91% | View data |
| 10 | 10 Switzerland | 86.2 | 2023 | +3.11% | +0.14% | View data |
