The employment in the Security Systems Service Activities sector in Italy has shown a positive trend from 2013 to 2023, standing at 2.66 thousand FTE in 2023. The sector experienced varied year-on-year changes, with peaks in 2018 (+22.15%) and 2019 (+16.8%). The last two years (2022 and 2023) displayed moderate growth rates of 6.06% and 5.67%, respectively. Over the last five years, the compound annual growth rate (CAGR) was 9.06%. The future projection shows a steady growth with a forecasted CAGR of 3.57% from 2024 to 2028, estimating employment to reach 3.34 thousand FTE by 2028.
Future trends to watch for:
- Expanding digital transformation within the security systems sector.
- Increased adoption of advanced surveillance and cyber-security solutions.
- Potential regulatory changes affecting employment dynamics.
- Economic factors and their impact on the sector's growth trajectory.
