Security Services: Canada

This report forecasts to 2024 Canadian security service revenues in nominal US dollars. Total revenues are segmented by service type in terms of: guards, alarm monitoring, cash-in-transit and related services, systems integration, and other services such as private investigations and security consulting. Total revenues are also segmented by market as follows: commercial and industrial, residential, and governmental and institutional.

To illustrate historical trends, total demand is provided in annual series from 2009 to 2019; the various segments are reported at five-year intervals for 2009, 2014, and 2019.

Excluded from the scope of this report are: equipment installation services (aside from systems integration); in-house, proprietary security services, such as guards, detectives, and off-duty police officers on the paid staff of (non-security) business establishments; locksmith activities; military-style private security providers (sometimes called mercenaries); private correctional facility management; public safety personnel (e.g., police officers, public corrections officers, federal agents, and fire fighters); and security products distribution and sales.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2019.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
561611 Investigation services
561612 Security guards and patrol services
561613 Armored car services
561621 Security systems services (except locksmiths)

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