The Australian private security industry plays a vital role in safeguarding businesses, infrastructure, and communities. With an estimated annual revenue exceeding $11 billion and over 180,000 professionals, the sector continues to expand, presenting both challenges and opportunities.
Rising Demand & Industry Growth
Recent trends indicate an increasing reliance on private security, with 155,000 licensed personnel now working across various sectors, including schools, libraries, and public spaces. Analysts forecast 3% annual growth through 2028, driven by heightened security concerns and evolving threats such as cybercrime, insider fraud, and physical violence.
Future Readiness: Key Industry Priorities
As the demand for security services grows, standardising training and licensing is a crucial step toward professionalism and consistency across states. Some sectors of the industry are advocating for a Security Industry Coordination Office, aiming to streamline regulatory practices and improve compliance.
Technology will play an integral role in shaping the sector’s future. Innovations such as AI-powered surveillance, predictive analytics, and cybersecurity solutions will enhance the efficiency and effectiveness of security operations. Providers must embrace technological integration to remain competitive while also addressing market disruptors, such as DIY security systems.
Security In Remote & High-Risk Areas
Emerging deployment strategies include fly-in, fly-out models for security personnel at mine sites and remote community-based surveillance in Indigenous regions. These methods aim to improve safety in underserved areas while maintaining operational efficiency.
Improving Industry Perception and Standards
Despite its contributions, the industry struggles with public misconceptions and a fragmented regulatory framework. Strengthening industry advocacy, improving public perception, and promoting security careers are crucial steps toward ensuring long-term sustainability.
The Path Forward
For SPAAL members, these trends underline the importance of staying informed and adaptable. Industry-wide collaboration, regulatory consistency, and technological advancements will be key to shaping the future of private security in Australia. Find out more about SPAAL Membership.
Source: Statistics and some observations in this post were sourced from a recent ASIAL publication: Security 2025: A Roadmap For The Future