Security Alarm Services in California
Over the five years to 2017, the Security Alarm Services in California expanded due to rising demand from an increasing number of businesses in the state. Furthermore, revenue growth was also supported strong growth in nonresidential construction activity. Businesses and commercial facilities are responsible for generating the majority of industry demand, as they require security systems to protect their facilities. Over the next five years, these favorable trends are expected to continue, albeit at a slower rate. Thus, IBISWorld expects revenue to increase modestly over the five years to 2022. Additionally, growth in the number of industry establishments is forecast to slow down in line with revenue.
This industry comprises establishments that sell security systems, such as burglar and fire alarms and locking devices. They also offer installation, repair and monitoring services of electronic security alarm systems. While the industry includes locksmiths, the locksmith segment is not the primary focus of this report because it generates a relatively small portion of revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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