Forecast: Production Value of Security Systems Services in Switzerland

In 2023, the production value of security systems services in Switzerland stood at 195.1 million Euros. The forecasted values for the coming years show a steady increase, with the production value expected to reach 210.8 million Euros by 2028. Specifically, the year-on-year growth rates are as follows: 1.61% in 2024, 1.61% in 2025, 1.54% in 2026, 1.57% in 2027, and 1.50% in 2028. Over the last two years, this represents a consistent uptick, and the compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 averages 1.57% annually.

Future trends to watch for in this sector include:

• Advancements in technology and integration with AI and IoT contributing to increased security system sophistication.
• Rising concerns about cybersecurity driving demand for enhanced and diversified security solutions.
• Potential regulatory changes influencing the adoption and implementation of security systems.
• Growth in smart home and business solutions spurring further market expansion.