Navigation Links
Security Alarm Services in Canada Industry Market Research Report from IBISWorld Has Been Updated
Date:12/28/2013

New York, NY (PRWEB) December 28, 2013

The Security Alarm Services industry 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. The industry is expected to grow, bolstered by the rise in the number of businesses and disposable income. “Since businesses and commercial clients account for the largest share of industry revenue, growth in the number of business is expected to improve growth prospects for industry operators,” according to IBISWorld Industry Analyst Stephen Morea. Additionally, as disposable income continues to rise, security alarm services are expected to become relatively more affordable, and thus residential clients will be more likely to purchase them. IBISWorld expects industry revenue to grow at an annualized rate of 3.1% to $722.2 million over the five years to 2013, lifted by an estimated 1.4% increase in 2013.

The Security Alarm Services industry is comprised of two segments: employers and nonemployers. Employers, industry operators that employ part-time or full-time labour, account for an estimated 59.6% of industry establishments; however, this segment is expected to increase as demand continues to rise. “Employers benefit from having greater purchasing power over their upstream suppliers, which allows them to negotiate lower prices, and thus bolster profit margins,” says Morea. On the other hand, nonemployer's share of establishments is expected to decline as they hire labour to keep pace with the rising demand for security alarm services.

Over the five years to 2018, industry revenue is expected to continue trending higher. In addition to growth in the number of business and rising disposable income, rising housing starts are expected to boost revenue. The residential client market (the industries second-largest market) is expected to benefit as housing construction increases. Although growth prospects for industry operators are bright, the industry is expected to face potential hurdles. Crime rates are expected to fall over the five years to 2018, which will likely cause businesses and residents to defer purchases on security alarm services. Nevertheless, this is not expected to halt revenue growth.

For more information, visit IBISWorld’s Security Alarm Services in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

The Security Alarm Services industry sells security systems, such as burglar and fire alarms and locking devices, and offers installation, repair or monitoring services of electronic security alarm systems.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2013/12/prweb11445675.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Introducing Aleratec’s New Automatic Shredder: The RoboShredder; Hands Free Information Security
2. Symtrex Inc. Signs Up with ImmuneSecurity to Launch LogInspect to the North American Market
3. Study: Methodology of determining financial viability of social security
4. With food insecurity rising in US, SNAP benefits should be left alone
5. Airport Security X-Rays May Damage Diabetes Devices
6. Antiretroviral treatment for HIV reduces food insecurity, reports AIDS Journal
7. Kentucky Social Security Disability Benefits Lawyer with The Frank Jenkins Law Office Voices Support for Recent Expansion of Compassionate Allowance Program
8. Food insecurity predicts mental health problems in adolescents
9. A-lign CPAs and A-lign Security: A Year in Review
10. North American Region Displays Highest Growth Rate at a CAGR of 9.2% Over the Next Five Years in Cyber Security Market by MarketsandMarkets
11. AvePoint Compliance Guardian Closes the Door on Privacy, Security & Accessibility Violations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... ... TopConsumerReviews.com recently awarded their highest five-star rating to Best Buy Eyeglasses, an ... United States and Canada wear eyeglasses. Once considered to be a purely functional part ... fashion statement. Even celebrities use glasses as a way of creating an iconic image—like ...
(Date:6/26/2016)... (PRWEB) , ... June 26, 2016 , ... On June ... sponsor of the 2016 Cereal Festival and World’s Longest Breakfast Table in Battle Creek, ... of the city’s history as home to some of the world’s leading providers of ...
(Date:6/26/2016)... ... , ... PawPaws brand pet supplements owned by Whole Health Supply ... health of felines. The formula is all-natural and is made from Chinese herbs that ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia Root ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women ... diagnosed with endometriosis. These women need a treatment plan to not only alleviate ... that can help for preservation of fertility and ultimately achieving a pregnancy. The ...
(Date:6/25/2016)... ... 25, 2016 , ... Austin residents seeking Mohs surgery services, can now turn ... to Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization ... selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016  MedSource announced today that it ... software solution of choice.  This latest decision demonstrates ... to their clients by offering a state-of-the-art electronic ... establishes nowEDC as the EDC platform of choice ... clients.  "nowEDC has long been a preferred EDC ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... the "Pharmaceutical Excipients Market by Type (Organic Chemical ... Preservative), Formulation (Oral, Topical, Coating, Parenteral) - Global Forecast ... The global pharmaceutical excipients ... 2021 at a CAGR of 6.1% in the forecast ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... Market Analysis 2016 - Forecast to 2022" report to ... report contains up to date financial data derived from varied ... major trends with potential impact on the market during the ... segmentation which comprises of sub markets, regional and country level ...
Breaking Medicine Technology: