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