The private security services sector in France has experienced noticeable fluctuations in employment over the past decade. The number of persons employed in this sector stood at 144.67 thousand in 2023, reflecting a decline of 0.51% from 2022. The sector's employment numbers have oscillated significantly, highlighted by increases such as the 17.08% jump in 2020 and notable decreases like the 15.97% drop in 2017. Over the last five years leading up to 2023, the sector saw a CAGR of -0.45%, indicating a slight annual contraction in employment numbers.
Looking ahead, forecasts suggest a continued decline in employment, with a projected CAGR of -0.4% through 2028, translating to an overall reduction of approximately 2% over this period. By 2028, employment in the private security services sector is expected to fall to 141.11 thousand employees.
Future trends to watch for include:
- The impact of technological advancements on security services, potentially leading to job automation.
- Regulatory changes affecting the sector's operations and employment dynamics.
- Economic factors that could influence demand for private security services, such as major public events or shifts in crime rates.
