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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

IBISWorld’s Security Alarm Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry Investment Chapter

The Security Alarm Services industry has a low level of capital intensity. For every dollar spent on wages, operators only spend $0.09 on capital structures and equipment. The industry is highly labour intensive, with wages consuming 23.5% of revenue in 2013. Non-employing agents, which constitute 40.4% of industry operators, do not have the resources or the need to invest in large structures or extensive equipment. Additionally, employing agencies rely heavily on labour for all aspects of the business, requiring employees to install and maintain alarm systems, monitor possible security breaches and respond by notifying the proper authorities... 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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