Security Services in Canada - Industry Market Research Report

Locked down: The industry will endure competition from security alarm service systems

The Security Services industry in Canada provides investigative, guard and patrol services and in-transit cash and valuables protection. Industry revenue has increased at a CAGR of 4.7% to $9.0 billion over the five years to 2023 as guard, investigative and other services have become more popular among corporate and government clients. The industry's diverse market insulated it from a large revenue decline, though it has benefited from economic expansion. However, a decline in corporate profit will cause industry revenue to fall an expected 2.8% in 2023 alone.

The Security Services industry in Canada provides investigation and detective services, guard and patrol services, in addition to 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.