The wages and salaries within the Security Systems Services sector in Spain have experienced substantial fluctuations between 2013 and 2023. Initially, from 2013 to 2015, there was a small decline before witnessing an upswing starting in 2016. A remarkable spike occurred in 2018, followed by steady increases through to 2023, where wages and salaries stood at 426.6 million euros, marking a CAGR of 7.3% over the last five years.
Future trends to watch for include:
- Projected CAGR of 3.32% through to 2028.
- Expected growth acceleration to 525.8 million euros by 2028.