Security Alarm Services in Canada
The Security Alarm Services industry in Canada comprises establishments that sell security systems, such as surveillance equipment, fire alarms and locking devices, and offers installation, repair or monitoring services of electronic security alarm systems. Over the five years to 2018, industry revenue is expected to increase slowly. High residential construction, low unemployment and rising per capita income have boosted industry growth. Over the past five years, industry operators benefited from emerging technologies, which enabled homeowners to monitor security, set their thermostats and even control home appliances from anywhere via their computers or mobile devices. These technological solutions have been a positive driver for industry growth. Demand for industry services will likely grow in line with a healthy economy, as small-business growth and a projected rise in disposable incomes naturally lead to spending on security alarm services.
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.
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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