Security Services in Canada - Industry Market Research Report

Security Services in Canada - Industry Market Research Report

  • October 2020 •
  • 50 pages •
  • Report ID: 4639867 •
  • Format: PDF
Not secure: A declining crime rate is expected to ultimately moderate the growth of industry revenue

Abstract

Security Services in Canada
The Security Services industry in Canada provides guard and patrol services, in-transit cash and valuables protection and investigative services. Over the five years to 2018, industry revenue modestly increased as guard, investigative and other industry services became increasingly popular among corporate and government services. During this period, an increase in the number of new businesses led to an expansion in the potential pool of clientele for security services. The industry commonly provides security measures for business and public entities that opt to outsource guard and patrol functions. Over the next five years, the industry will continue to experience steady demand from the public sector, as industry operators are contracted to provide passenger screening for all of Canada’s designated commercial airports. However, the industry is expected to endure serious competition from security alarm service systems.

The Security Services industry in Canada provides investigation and detective services, guard and patrol services, as well as protected transport of valuables, including money, receipts and other items. The industry does not include companies that sell security systems, such as burglar or fire alarms.

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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