SEARCH   
MEMBER LOGIN    
Forgot Password?

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 | Apr 2017

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

IBISWorld’s Security Alarm Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
2.5%
Annual Growth 17-22
Add to Cart
Profit
Add to Cart
Employment
20,505
Businesses
3,227
Industry Analysis & Industry Trends

Over 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. Over the five years to 2022, 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 Investment Chapter

The Security Alarm Services industry has a low level of capital intensity. For every dollar spent on wages, operators only spend $0.03 on capital structures and equipment. The industry is highly labour intensive, with wages consuming 31.0% of revenue in 2017. Security alarm services companies 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. However, a significant portion of these employees work part-time, which helps industry operators control labour-related expenses and contributes to this industry’s low average wage.

.. 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 and monitoring services for 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, installing, repairing of burglar alarmsMonitoring of fire alarmsSelling, installing, repairing of fire alarmsProviding locksmith services


View Sample
Quote
Select Clients