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 | Sep 2015

Secure future: The industry will continue to benefit from emerging technologies and rising incomes

IBISWorld’s Security Alarm Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

In the past five years, demand for residential and commercial security systems has proven to be sensitive to changes in overall economic activity. Rising employment and disposable income lowered alarm service cancelation rates and improved industry revenue, as more residential customers were able to pay for security services. In the five years to 2020, the Security Alarm Services industry will benefit from a gradually improving operating environment as the economy continues to expand... 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. Large players also 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.

While the barriers to entry may be significant for large security installation projects due to significant price-based competition, the barriers are far lower on smaller projects... 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
Residential security alarm system services with monitoringNonresidential security alarm system services with monitoringSecurity system and lock installation without monitoring
Industry Activities
Selling, installing, repairing and monitoring alarm systemsMonitoring of burglar alarms Selling, intalling, repairing of burglar alarmsMonitoring of fire alarmsSelling, installing, repairing of fire alarmsProviding locksmith services

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