Forecast: Turnover of Security and Investigation Services in Belgium

In 2023, the turnover of Security and Investigation Services in Belgium stood at 1.63 Billion Euros. The forecasted values indicate a steady annual growth: 1.67 Billion Euros in 2024, 1.71 Billion Euros in 2025, 1.75 Billion Euros in 2026, 1.79 Billion Euros in 2027, and 1.83 Billion Euros in 2028. The year-on-year growth from 2023 to 2024 is approximately 2.45%, with similar growth expected in the following years. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is around 2.43%.

Future trends to watch for:

  • Integration of advanced technology such as AI and automation in security services.
  • Increasing demand for cybersecurity in response to rising cyber threats.
  • Expansion of private security services in both urban and rural areas.
  • Potential regulatory changes impacting the security services industry.

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