In 2023, Germany led the European wages and salaries in the Security and Investigation Services sector with a 5.02% increase. France and the UK saw slight declines at -0.8% and -0.4% respectively, while Spain and Poland experienced moderate growth at 2.5% and 1.66%. Portugal and Hungary displayed significant growth at 5.34% and 9.38%, respectively. Notably, Greece experienced the most significant decline at -34.12%. Over the past five years, fluctuations show Europe's leading economies facing slower growth within this sector, with emerging Eastern European countries witnessing more dynamic increases.
For future trends, watch for:
- Continued growth in Eastern European countries as they potentially capture more market share.
- Potential stabilization or renewed growth in Germany, driven by increased demand for security services.
- Economic and regulatory impacts on Greece's recovery within this sector.
Top countries in Wages and Salaries of Security and Investigation Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.81 | 2023 | +3.5% | +5.02% | View data |
| 2 | 2 France | 14.77 | 2023 | -0.17% | -0.8% | View data |
| 3 | 3 United Kingdom | 12.37 | 2023 | -0.9% | -0.4% | View data |
| 4 | 4 Spain | 10.88 | 2023 | +1.97% | +2.5% | View data |
| 5 | 5 Poland | 5.44 | 2023 | +2.26% | +1.66% | View data |
| 6 | 6 Italy | 5.31 | 2023 | +0.051% | -0.027% | View data |
| 7 | 7 Switzerland | 3.54 | 2023 | +1.58% | +3.16% | View data |
| 8 | 8 Netherlands | 3.51 | 2023 | +0.18% | +0.84% | View data |
| 9 | 9 Sweden | 2.85 | 2023 | +0.99% | +1% | View data |
| 10 | 10 Romania | 2.63 | 2023 | +0.81% | +2.09% | View data |
