As of 2023, the turnover in Security Systems Service Activities in Finland stood at the baseline figure prior to the forecasted period. The value in 2024 is projected at 27.51 Million Euros, showing a decrease year-on-year towards 2028, where the turnover is expected to be 21.64 Million Euros. This indicates a continuous downward trend in the market with a cumulative annual growth rate (CAGR) reflecting an average annual decrease over the five-year period.
Over the last two years:
- 2024 to 2025, there is an estimated decrease of approximately 5.5%
- 2025 to 2026, further reduction by around 5.7%
Projected values for the future are:
- 2026 to 2027, a decrease of approximately 5.9%
- 2027 to 2028, a decrease of around 6.2%
Future trends to watch for:
- Technological advancements in security systems
- Regulatory changes impacting service providers
- Prevailing economic conditions and their impact on corporate and consumer spending on security solutions
