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Security Alarm Services in Nunavut

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NU56162CA

Security Alarm Services in Nunavut industry analysis

Revenue for the Security Alarm Services industry in Nunavut is expected to grow an annualized x.x% to $x.x thousand over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has stagnated an annualized x% to x workers during the period, while industry wages have increased an annualized x.x% to $x.x thousand.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x workers during the outlook period, while industry wages likely decrease % to $x.x thousand.

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About the Security Alarm Services in Nunavut Market Research Report

What’s Included in the Security Alarm Services in Nunavut Market Research Report

Definition of the Security Alarm Services in Nunavut?

The Security Alarm Services industry in Canada sells security systems, such as burglar and fire alarms and locking devices. Operators also offer installation, repair and monitoring services for electronic security alarm systems.

What’s included in the Security Alarm Services in Nunavut?

The Security Alarm Services in Nunavut includes selling, installing, repairing and monitoring alarm systems, monitoring of burglar alarms, selling, installing, repairing of burglar alarms, monitoring of fire alarms, selling, installing, repairing of fire alarms and providing locksmith services. Related terms covered in the Security Alarm Services in Nunavut industry report includes a two-way voice communication security system that enables dispatchers to hear what is occurring in a residence or business and communicate with clients, additional features that increase the price or value of a product or service and the ability to connect to a system from a remote location.

Industry Performance of the Security Alarm Services industry in Nunavut

Benchmark the Security Alarm Services in Nunavut industry performance with all NU Census Metropolitan Area and national performance.

Security Alarm Services in Nunavut

#13 in Highest Revenue 0% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Security Alarm Services in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Security Alarm Services industry in Nunavut

See how key industry drivers, such as gross domestic product, median houshold income, private investment in non-residential construction, per capita disposable income, value of residential construction and value of nonresidential construction are impacting Security Alarm Services in Nunavut

Nunavut Economic Indicators

Gross Domestic Product
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in NU State Economic profile

Canada Key External Drivers

Per capita disposable income
Value of residential construction
Value of nonresidential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Security Alarm Services industry in Nunavut

Key Statistics of the Security Alarm Services industry in Nunavut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Security Alarm Services industry in Nunavut in 2025?

The market size of the Security Alarm Services industry in Nunavut is $984.4k in 2025.

How many businesses are there in the Security Alarm Services industry in Nunavut in 2025?

There are 2 businesses in the Security Alarm Services industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Security Alarm Services industry in Nunavut grown or declined over the past 5 years?

The market size of the Security Alarm Services industry in Nunavut has been growing at an average annual rate of 1.9% from 2020 to 2025.

How many employees in the Security Alarm Services industry in Nunavut in 2025?

There are 8 employees in the Security Alarm Services industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.