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:8/23/2017)... TX (PRWEB) , ... August 23, 2017 , ... ... in the healthcare industry, made the 2017 Inc. 5000 with a three-year ... of the nation’s fastest-growing private companies and comprises the most comprehensive look at ...
(Date:8/23/2017)... Francisco, CA (PRWEB) , ... August 23, 2017 , ... ... proud to announce a new blog archive organized month-by-month. The new rotation of archived ... treatments. Local Bay Area residents searching information about hair transplantation can review details online ...
(Date:8/22/2017)... ... August 22, 2017 , ... ... of unique masks and serums that perfectly fuse the beauty of naturally derived ... the 2017 Indie Beauty Expo on August 23rd & 24th in New York ...
(Date:8/22/2017)... , ... August 22, 2017 , ... Each of the past six years, Lightning Labels ... pictures of these labels and stickers, demonstrating the variety and creativity of their designs. Submissions ... label images came in. Now, it's time to announce the winners of the sixth annual ...
(Date:8/22/2017)... ... August 22, 2017 , ... “Wilderness Voices”: a collection of ... “Wilderness Voices” is the creation of published author, Martha McKown, an ordained United ... inspired as a very young child when her older sisters studied High School literature. ...
Breaking Medicine News(10 mins):
(Date:8/15/2017)... 15, 2017   Mostyn Law and Gulf Coast Regional ... Texas . The Mostyn Law family has had ... That is why Mostyn Law is partnering with Gulf ... show its appreciation. Blood supplies are running low. Gulf ... of hospital needs in August. That is why the blood center ...
(Date:8/14/2017)... Israel , Aug. 15, 2017  BrainStorm ... adult stem cell technologies for neurodegenerative diseases, announced financial ... "We are in ... 3 trial to investigate NurOwn ® in ALS," ... Officer of BrainStorm. "We have agreements with Mass. General ...
(Date:8/7/2017)... Aug. 7, 2017 Insightin Health, provider ... retention, and engagement, announced the selection of ... Product Development, effective as of February 2017. In this ... implementation strategy for our clients. Wood brings with ... consulting and business analytics within the healthcare industry. ...
Breaking Medicine Technology: