The Gross Value Added (GVA) for Security and Investigation Services in Mexico saw a significant upward trend from 2013 to 2019, peaking at a high growth rate in 2019 with an 11.84% increase. However, the sector experienced a noticeable decline during 2020-2022 due to economic disruptions, with the value standing at 59.2 billion Mexican Pesos in 2023, a slight recovery with a 2.33% year-on-year increase. Forecasts indicate a continued but modest recovery with a five-year CAGR of 1.65% leading to a growth rate of 8.51% by 2028.
Future trends to watch for:
- Technological advancements influencing security and investigation techniques
- Increased demand for cybersecurity services
- Regulatory changes impacting the sector
- Economic factors affecting market stability and growth
