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Security Alarm Services in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Security Alarm Services in Canada Market Research Report | NAICS 56162CA | Dec 2013

Secure future: A growing number of businesses and rising disposable income will boost demand for industry services

The Security Alarm Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$722m
Annual Growth 08-13
3.1%
Annual Growth 13-18
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Profit
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Employment
13,844
Businesses
1,045
Industry Analysis & Industry Trends

Over the five years to 2018, revenue for the Security Alarm Services industry is expected to continue trending higher. In addition to growth in the number of business and rising disposable income, rising housing starts are expected to boost revenue. The residential client market (the industries second-largest market) is expected to benefit as housing construction increases. Although growth prospects for industry operators are bright, the industry is expected to face potential hurdles. Crime rates are expected to fall over the five years to 2018, which will likely cause businesses and residents to defer purchases on security alarm services... purchase to read more

Industry Report - Starting a New Business Chapter

The Security Alarm Services industry has a low level of market concentration, which indicates there are few barriers to entry. However, large players are likely to obtain more high-value clients based on their established reputation and strong customer service. Also, large players typically have the distribution network necessary to provide services across provinces and territories. Nevertheless, the industry is typified by a high level of fragmentation, which enables industry players to enter the industry and cater to a market niche of local clientele. For example, Avante Logixx Inc. offers security services to clients in the Toronto region... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Security Alarm Services Industry?

This industry sells security systems, such as burglar and fire alarms and locking devices, and offers installation, repair or monitoring services of electronic security alarm systems.

Industry Products
Security alarms and monitoring servicesFire alarm systems and other monitoring services Locksmith services
 
Industry Activities
Alarm system sales, installation, repair and monitoringBurglar alarm monitoringBurglar alarm sales, installation, repair and monitoringFire alarm monitoringFire alarm sales, installation, repair and monitoringSecurity alarm sales, installation, repair and monitoringSecurity systems monitoringProviding locksmith services


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