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:2/13/2016)... FL (PRWEB) , ... February 13, 2016 , ... The ... environmental impact of American businesses. , The increasingly modern world of instantaneous consumption ... often on non-renewable energy sources such as oil and coal, which pollutes our air, ...
(Date:2/13/2016)... ... 2016 , ... When an Au Pair comes all the way around the world ... for and they are often worried things won’t go well. More often than not, however, ... Au Pair of the Year winner’s all commented how their Au Pairs have become a ...
(Date:2/12/2016)... ... February 12, 2016 , ... According to an article published February ... a significant portion of hernia repairs throughout the United States. Commenting on this article, ... notes that this trend has not only been expected, but it seems to be ...
(Date:2/12/2016)... Seattle, WA, and Washington, DC (PRWEB) , ... ... ... PATH and the Siemens Foundation today announced a new initiative—the Siemens ... technologies for low-resource settings. The partnership will recruit top students from U.S. ...
(Date:2/12/2016)... VA (PRWEB) , ... February 12, 2016 , ... ... Feb. 29, 2016 — 1:30 p.m. – 3:00 p.m. EST, http://www.fdanews.com/fixeddosecombination ... in the life cycle of pharmaceutical products, garnering increased attention from all stakeholders ...
Breaking Medicine News(10 mins):
(Date:2/12/2016)... Feb. 12, 2016  This month,s issue of the ... takes an in-depth look at various causes and ... prescription drug spending, which has generated significant public outrage ... Editor-in-Chief Laura E. Happe , PharmD, MPH. ... , PharmD, MPH. --> In 2014 prescription ...
(Date:2/12/2016)... MONTREAL , February 12, 2016 ... sofern nicht anders vermerkt)   ... Unternehmens http://www.telestatherapeutics.com abrufbar.    ... Website des Unternehmens http://www.telestatherapeutics.com ... Inc. (TSX:TST; PNK:BNHLF) veröffentlichte heute seinen Konzernabschluss ...
(Date:2/12/2016)... Feb. 12, 2016  Sequent Medical, Inc. announced today ... to evaluate the safety and effectiveness of the WEB™ ... ruptured intracranial aneurysms.  Prof Laurent Spelle , MD, ... Paris, France and Principal Investigator of ... France and Germany.  Although patients with ...
Breaking Medicine Technology: