Germany: Security industry grows stably in 2022

April 20, 2023

Turnover rose above 11 billion euros – Highest number of employees recorded again

For another year in a row, the turnover of the private security industry in Germany is increasing. According to preliminary results, turnover increased by 7.6 percent compared to the previous year, as shown by the economic statistics of the Federal Statistical Office for the service sector. The number of employees also recorded another peak.

According to these statistics, the private security industry (economic class 80) will see a 7.6 percent increase in turnover in 2022, from 10.3 to approx. 11.1 billion euros. Already with the increases of the last years, the turnover of the sector had more than doubled within only one decade. “Our range of tasks has expanded enormously in recent years and will continue to change constantly. The security industry can and wants to do more and should be strategically and operationally included in the crisis management of the Federal Republic in the future,” says BDSW Chief Executive Florian Graf.

The growth in turnover is distributed within economic class 80, which includes security companies, detective agencies as well as security services with surveillance and alarm systems.

The number of employees also increased. The Federal Employment Agency recently published the figures for employees in the 3rd quarter of 2022. According to these, there are now more than 270,000 employees working in our industry. The private security industry had thus succeeded in remaining on a growth course. “Regardless of this, the shortage of skilled workers is and remains such a massive issue that we will have to make considerable efforts in the coming years,” Graf emphasised. This is precisely why the BDSW has been committed to steadily increasing quality in the industry for many years – starting with training companies, qualifications and much more.

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