$2.3bn
$XXX.Xm
10,784
1,664
$XXX.Xm
The COVID-19 pandemic and the temporary closure of non-essential premises severely disrupted the industry’s performance. The crime rate plummeted in response to the stay-at-home pandemic restrictions but has rebounded since they were eased and removed. During the pandemic, companies scaled back installation activity while non-essential premises were closed, but they continued generating revenue from monitoring existing systems to prevent theft, vandalism and unauthorised personnel.
Industry revenue has declined at a CAGR of 0.8 % over the past five years, to reach an estimated $2.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Chubb Fire & Security | 247.0 | |
Wilson Group | 115.5 | |
Intelligent Monitoring Group | 104.0 |
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Industry revenue is measured across several distinct product and services lines, including Security system installation, Security system monitoring and surveillance and Security system repairs and maintenance. Security system installation is the largest segment of the Security System Installation and Monitoring in Australia.
Security system monitoring and surveillance remained essential as dormant buildings are vandalism and theft risks
Industry companies install and maintain commercial and residential security systems supplied by the same firm. Some enterprises in the industry also provide security monitoring services to complement the installed security systems.
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ANZSIC 3234 - Security System Installation and Monitoring in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Weak trends in household discretionary incomes and dwelling commencements have caused a slump in security system installation and monitoring services in the residential buildi...
Learn about an industry's products and services, markets and trends in international trade.
Security system monitoring and surveillance remain a crucial source of industry revenue when installation activity fluctuates. Monitoring and surveillance are essential to pr...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
New South Wales has a disproportionately high share of security system installation and monitoring enterprises. The state has an agglomeration of non-residential buildings an...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry's highly fragmented nature gives buyers significant bargaining power. Prospective clients have many companies to choose from and can seek the best price and prod...
Learn about the performance of the top companies in the industry.
The industry includes several prominent contractors, like Chubb Fire & Security, Wilson Parking and Intelligent Monitoring Group, that operate high-profile brands and hold som...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Actual and perceived crime rates drive the security system installation and monitoring services requirement. When crime rates increase, households and businesses are encourag...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Rising cost pressures and falling revenue have squeezed profit. Companies that operate on fixed-price contracts have struggled to pass on higher wage and material input costs...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Security System Installation and Monitoring industry in Australia is $2.3bn in 2024.
There are 1,664 businesses in the Security System Installation and Monitoring industry in Australia, which has grown at a CAGR of 0.3 % between 2019 and 2024.
The market size of the Security System Installation and Monitoring industry in Australia has been declining at a CAGR of 0.8 % between 2019 and 2024.
Over the next five years, the Security System Installation and Monitoring industry in Australia is expected to grow.
The biggest companies operating in the Security System Installation and Monitoring market in Australia are Chubb Fire & Security, Wilson Group and Intelligent Monitoring Group
Security system monitoring and surveillance and Security system installation are part of the Security System Installation and Monitoring industry.
The company holding the most market share in Australia is Chubb Fire & Security.
The level of competition is high and increasing in the Security System Installation and Monitoring industry in Australia.