The number of employees in the Security Systems Service Activities sector in Belgium is forecasted to experience a significant decline from 2024 to 2028. Back in 2023, the sector had 558 employees. In 2024, the employee count is 458, which marks a 17.92% decrease compared to 2023. The trend continues with 356 employees projected for 2025, representing an additional 22.29% decline year-on-year. By 2026, the sector is expected to have 256 employees, a further 28.09% decrease from the previous year. In 2027, the number of employees drops to 156, a 39.06% decline. The forecast for 2028 shows a significant reduction, with only 58 employees left, reflecting a 62.82% drop from the previous year. The Compound Annual Growth Rate (CAGR) over the five-year horizon is notably negative at -35.76%.
Future trends to watch for include technological advancements that may lead to automation and further reduction in demand for human resources, mergers and acquisitions as companies strive to consolidate to survive, and shifts in market regulations that could impact the sector's labor needs.