The production value of Security and Investigation Services in Finland has seen significant growth over the past decade, increasing from 556.1 million euros in 2013 to 977.1 million euros in 2023. The industry experienced robust growth between 2013 and 2019, with a peak year-on-year variation of 17.25% in 2016. However, the growth rate slowed down after 2018, with a notable dip in 2020, where the year-on-year change was -5.67%. The following couple of years showed a recovery with modest increases, reaching 3.41% in 2023. The last five years' CAGR stands at 1.87%, signaling a stabilization in growth patterns.
Looking ahead, the forecasted production value for 2028 is 1130 million euros, with a forecasted 5-year CAGR of 2.37%. This suggests that the industry is expected to grow consistently over the next few years. Future trends to watch for include advancements in technology and cybersecurity services, increased demand for residential and corporate security solutions, and potential regulatory changes affecting the industry. These factors could further influence the growth trajectory and market dynamics in Finland's security and investigation sector.
