Between 2013 and 2023, the turnover for private security services in Sweden showed fluctuating trends. The year-on-year variations reveal both substantial increases, such as the 15.71% rise in 2019, and significant declines, like the 10.29% drop in 2018. Despite these fluctuations, the compound annual growth rate (CAGR) over the last five years averaged 2.62%. As of 2023, the industry turnover stood at 1.29 billion Euros.

Future forecasts from 2024 to 2028 suggest a relatively stable market with minor growth, indicated by a forecasted 5-year CAGR of just 0.14%. This suggests that the market is mature, with prospects for moderate growth.

Future trends to watch for:

Technological advancements in security, such as AI and automation, potentially driving efficiencies.
Increasing demand for cybersecurity services as digital threats grow.
Shifts in regulatory landscapes affecting compliance requirements for private security firms.