Forecast: Number of Employees in Security Systems Service Activities Sector in Turkey

As of 2023, the number of employees in Turkey's security systems service activities sector stands at 7.79 thousand. This marks a minimal year-on-year decrease of 0.38%. Over the past two years, the sector saw minor fluctuations, with a consistent slight decline in the workforce. The five-year Compound Annual Growth Rate (CAGR) from 2019 to 2023 is -1.32%, reflecting an average annual decline.

Between 2014 and 2018, the sector experienced robust growth. However, in 2019, the sector encountered a significant drop of 9.42% in the number of employees. From 2020 to 2022, the workforce growth rate became more volatile, though still varying within a small range.

Forecasts for the upcoming years from 2024 to 2028 project a continued gradual decline. The predicted five-year CAGR stands at -0.29%, equating to a 1.46% reduction in workforce size over this period.

Future trends to watch for:

• Technological advancements and increased use of automation and AI in security systems.
• Possible consolidation in the industry leading to larger but fewer firms.
• Shifts in regulatory environments and their impact on security needs and services.
• Evolution of cybersecurity threats necessitating expanded services.