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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 | May 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
Revenue
$1bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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Employment
19,415
Businesses
2,747
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 - Industry Locations Chapter

In general, the Security Alarm Services industry follows the dispersion of the Canadian population. Also, the industry requires access to the Electricians industry (IBISWorld report 23821CA) to install security surveillance equipment, if the industry player does not provide installation in its operations. As such, the most populated territories or provinces in Canada, including Ontario, which accounts for 38.5% of total industry establishments, Quebec (22.8%), British Columbia (15.3%) and Alberta (12.9%) comprise the largest share of industry establishments. According to police-reported crime data from Statistics Canada, demand for industry services follows the number of property crimes rather than the rate of property crime based on the population size... 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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