The 2023 analysis of high growth enterprises in private security services in Europe reveals Romania as the leader, with a notable share increase of 21.19 units. Italy and the Czech Republic closely follow, enhancing their positions before Hungary, Slovakia, and Portugal. Despite fluctuating shares, Lithuania and Latvia trail behind, with Latvia and Norway experiencing minimal growth at 0.91 units.
Year-on-year, Hungary shows an impressive 18% growth, and Romania increases by 8.18%. Meanwhile, Lithuania experienced a slight decline of -2.35%. The five-year CAGR indicates stable, moderate growth in larger markets such as Romania and Italy.
Future trends will likely focus on technological advancements, regulatory influences, and cross-border collaborations shaping growth dynamics in the European private security services sector.
Top countries in Number of High Growth Enterprises in Private Security Services Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 21.19 | 2023 | +16.43% | +8.18% | View data |
| 2 | 2 Italy | 19.24 | 2023 | +8.82% | +5.36% | View data |
| 3 | 3 Czech Republic | 19.11 | 2023 | +6.52% | +1.42% | View data |
| 4 | 4 Hungary | 17.55 | 2023 | +21.62% | +18% | View data |
| 5 | 5 Slovakia | 13 | 2023 | +9.89% | +11.9% | View data |
| 6 | 6 Portugal | 4.94 | 2023 | +8.57% | +3.5% | View data |
| 7 | 7 Lithuania | 1.3 | 2023 | -9.09% | -2.35% | View data |
| 8 | 8 Latvia | 0.91 | 2023 | +16.67% | 0% | View data |
| 9 | 9 Norway | 0.91 | 2023 | +16.67% | +3.13% | View data |
