The number of persons employed in Security Systems Services in Sweden showed varied trends from 2013 through 2023. From 2013 to 2017, there was steady growth, with annual increases and a peak in 2017 at 5.9 thousand employees. Over the next three years, fluctuations were observed with minor drops in 2019 and 2020, followed by a recovery trend through 2023, when the employment stood at 6.01 thousand employees.
The year-on-year variation reflects these trends clearly:
- 2018: 1.95% increase
- 2019: 4.87% decrease
- 2020: 1.47% decrease
- 2021: 2.41% increase
- 2022: 2.08% increase
- 2023: 1.95% increase
The 5-year compound annual growth rate (CAGR) leading into 2023 was slightly negative at -0.02%, indicating relative stagnation in growth. From 2024 onwards, forecasts predict a consistent rise, averaging a 1.22% CAGR, leading to a 6.24% total growth by 2028, reaching approximately 6.50 thousand employees.
Future trends to watch for:
- Innovation in security technology and its impact on labor requirements.
- Evolving regulatory standards and their influence on employment needs.
- Potential impacts of economic conditions and geopolitical factors on the security industry.
