In 2023, the number of persons employed in security systems services in France stood at 17.44 thousand. The employment figures show a fluctuating trend from 2013, starting at 18.8 thousand and experiencing several ups and downs with the most recent annual variation indicating a modest increase of 1.91% from 2022. Over the last two years (2022-2023), the employment figure experienced slight growth indicating some stabilization post the sharper declines observed in the previous years.
Examining the last five years (2019-2023), the compound annual growth rate (CAGR) averages to -0.34%, pointing towards a minor downtrend over the mid-term period. Projecting forward, the forecast indicates a continued slight decline with a forecasted 5-year CAGR of -0.63%, leading to a 16.76 thousand employment level by 2028.
Future trends to watch for include technological advancements in security systems potentially reducing the need for manpower, as well as economic and regulatory factors that could impact the industry’s employment demand. Companies may need to focus on innovation and efficiency to counterbalance the ongoing slight personnel decrease.
