The number of employees in the Security Systems Service Activities sector in Norway stood at 5.80 thousand employees in 2023. The forecasted data indicates a growth trend from 2024 to 2028, reaching 6.58 thousand employees by 2028. This represents an approximate year-on-year growth of about 2.68% in 2025 and a similar upward trend in subsequent years. In the last two years, the growth rates were consistent at around 2.68% and 2.61% respectively. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) stands at approximately 2.60% annually.
Future trends to watch for:
- Technological advancements in security systems which may influence employee skill sets and labor demand.
- Regulatory changes and their impact on industry dynamics.
- Increased digital transformation and cyber security concerns driving demand for additional security service professionals.