This report forecasts to 2028 security services revenue in nominal US dollars in Canada. Total revenue is segmented by type in terms of: guard services; alarm monitoring; cash-in-transit and related services; system integration; and other services such as consulting, private investigations, and niche services. Total revenue is also segmented by market as follows: commercial and industrial, residential, and government and institutional.
To illustrate historical trends, total revenue is provided in annual series from 2013 to 2023; the various segments are reported at five-year intervals for 2013, 2018, and 2023.
Excluded from the scope of this report are: public safety personnel (e.g., police officers, public corrections officers, federal agents, and firefighters); in-house, proprietary security services (e.g., guards, detectives, off-duty police officers) on the paid staff of (non-security) business establishments; military-style private security providers (sometimes called mercenaries); equipment installation services (aside from systems integration); locksmith activities; security products distribution and sales; and private correctional facility management.
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 2023.
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:
56161 Investigation, guard, and armored car services
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