The wages and salaries of Security and Investigation Services in Belgium have shown a fluctuating trend from 2013 to 2019, initially dropping in 2014 and 2015 before increasing significantly from 2016 onwards. By 2023, the sector saw the wages and salaries stand at 713.5 million euros. Over the last two years, the sector experienced steady growth, with a year-on-year increase of 2.67% in 2022 and 2.59% in 2023. The compounded annual growth rate (CAGR) over the last five years was 2.94%, reflecting a consistent upward trajectory.
Looking ahead to 2028, the forecasted wage and salary figures show continued growth, albeit at a moderated five-year CAGR of 1.85%, suggesting a cumulative growth rate of 9.57% over this period. Future trends to watch for include potential impacts of automation and digital transformation on employment within the sector, as well as regulatory changes that could affect wage structures and demand for security and investigation services. Keeping an eye on these elements will be crucial for stakeholders to navigate the evolving landscape effectively.
