In Spain, the Number of Persons Employed in Security and Investigation Services demonstrated a general upward trend from 118.52 thousand in 2013 to 151.84 thousand in 2023. Over this period, the sector experienced fluctuating year-on-year variation, with significant growth spikes in 2015 (7.98%) and 2018 (6.77%), reflecting a phase of rapid expansion. The last two years showed more moderate growth of 0.21%, stabilizing towards 2023. The recent 5-year CAGR stood at 0.72%, illustrating a deceleration in growth rate. Future projections suggest a CAGR of 0.16% from 2024 to 2028, indicating a continued but slower increase.
Future trends to monitor include technological advancements in security systems, the economic health impacting demand for security services, and regulatory changes affecting employment in the sector. Automated surveillance and AI-driven security solutions may alter employment dynamics substantially.
