Spain’s security market is the fifth largest in Europe, worth $2.7 billion. Madrid, Barcelona and Valencia are the top three provinces in the industry.
The sector’s revenue is expected to reach $134 million in the next four years, with a growth rate of 12.43%. Don’t just take our word for it – there are over 11,500 security companies in Spain who are benefitting from the endless opportunities on offer .
Some of the leading sub-sectors include: video surveillance systems, fire and rescue systems, drone technology.
Home security systems, like CCTV, are on the rise and are expected to surge by 14.9% from 2021 to 2028. This type of technology is in-demand from Spanish consumers. In fact, it is predicted that there will be 1.8 million users by 2026.
In Spain, over 70% of the population use the internet every day. This means that millions of people need a cyber security system. The healthcare industry is particularly vulnerable to a cyber-attack and could benefit from your company’s services and advice.
Over the next two years, Spain will spend $190 million on drone technology under the Ministry of Science and Innovation. Currently, there are over 1500 development projects in the works.
Health and safety in the workplace (seguridad laboral) continues to be a leading sector in Spain. Over 50% of companies have safety representatives, whilst 20% have a health and safety committee. Growth in this sector of the industry is inevitable and companies are looking to increase and improve their efficacy in this area.
The security sector in Spain is made up of 79% of public companies and 21% private.
SICUR is the leading security exhibition in Spain, taking place every two years. It includes the cyber, work place, and fire and emergency security sectors.
The exhibition has received “strong industry report”, and Vice Chairman of ASEPAL, Pablo Ramos, chairs the organising committee.
Exhibitors can take advantage of the following opportunities:
This year’s edition will take place on 22-25 February at IFEMA Madrid. There is also a digital channel which exhibitors can access all year long. In 2020, SICUR received 42,838 professional visitors from across the globe.
The exhibitor list includes high-profile companies such as Panasonic, TopTex and Casmar.
Paloma Velasc, Executive Director of the Spanish Association of Security Companies (AES) said: “SICUR is a showcase where you can see where the security industry is heading.” So if your company is ready to be a part of this journey exhibiting at SICUR should be top of your priority list.
How2Go specialise in business internationalisation and development. We can help your security company reach the relevant Spanish suppliers and buyers, and are happy to assist you with any queries you may have.
We can offer you with:
If you would like to arrange a free 30-minute consultation, please get in touch with Louisa Criscenti-Brown (Managing Director of How2GoUK).