Forecast: Number of Persons Employed of Security and Investigation Services in Belgium

The number of persons employed in Security and Investigation Services in Belgium experienced notable fluctuations over the past decade. After declining in 2014 by 3.29% year-on-year, the employment numbers bounced back with significant growth in 2016 and steady increases through 2019. By 2023, the employment stood at 21.37 thousand employees, demonstrating consistent growth since 2021. The average CAGR over the last five years was 2.19%, with a projected CAGR of 1.25% for the next five years, indicating more stable but moderate growth.

In the coming years, the market is expected to experience:

  • Technological advancements driving efficiency and potentially reducing the need for personnel.
  • Increased demand for cybersecurity services due to rising threats, potentially offsetting declines in traditional security roles.
  • Growth in remote monitoring services impacting employment dynamics.

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