In 2023, significant variations in European wages and salaries for private security services were observed. Germany registered a robust 5.57% growth, leading the group. France and Greece saw declines of 0.22% and 2.27% respectively. Meanwhile, Malta and Hungary exhibited remarkable increases of 10.31% and 9.69%. The overall industry faced mixed trends, with over half the countries experiencing positive growth, reflecting a recovering demand for private security services.
Future trends to watch in the European private security wages sector include shifts prompted by advancements in security technology, labor market dynamics, and regulatory changes. These factors are likely to influence growth patterns and wage structures across various countries.
Top countries in Wages and Salaries of Private Security Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,500 | 2023 | +4.34% | +5.57% | View data |
| 2 | 2 France | 3,830 | 2023 | +0.62% | -0.22% | View data |
| 3 | 3 United Kingdom | 3,180 | 2023 | -1.7% | -1.25% | View data |
| 4 | 4 Spain | 2,640 | 2023 | +0.14% | +1.05% | View data |
| 5 | 5 Italy | 1,460 | 2023 | +0.11% | +0.08% | View data |
| 6 | 6 Poland | 1,240 | 2023 | +3.07% | +2.07% | View data |
| 7 | 7 Switzerland | 941.8 | 2023 | +1.37% | +3.35% | View data |
| 8 | 8 Netherlands | 928.5 | 2023 | +0.21% | +0.77% | View data |
| 9 | 9 Romania | 744.2 | 2023 | +0.91% | +2.14% | View data |
| 10 | 10 Belgium | 673.6 | 2023 | +2.98% | +3.3% | View data |
