Forecast: Number of Persons Employed of Private Security Services in Spain

The number of persons employed in private security services in Spain showed a fluctuating trend from 2013 to 2023. The sector started with a minor decrease in 2013 but saw steady growth from 2014 onwards. Despite minor year-on-year variations, the employment grew significantly, reaching 133.66 thousand employees in 2023. From 2024 onwards, the growth rate is expected to be modest, with a five-year CAGR of 0.07%, indicating a stabilization phase in this sector.

Future trends to watch for:

  • Automation and technological advancements in security services.
  • Increasing demand for cybersecurity roles amid rising digital threats.
  • Regulatory changes impacting the private security sector.
  • Potential impacts of economic factors on security employment.

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