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Security Services in Ontario

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS ON56161CA

Security Services in Ontario industry analysis

Revenue for the Security Services industry in Ontario is expected to grow an annualized x.x% to $x.x billion 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 increased an annualized x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x billion.

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About the Security Services in Ontario Market Research Report

What’s Included in the Security Services in Ontario Market Research Report

Definition of the Security Services in Ontario?

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.

What’s included in the Security Services in Ontario?

The Security Services in Ontario includes security guard and patrol services, armoured car services, private investigative services, security guard and crowd control services for temporary events, corporate investigative services, polygraph services and bodyguard services. Related terms covered in the Security Services in Ontario industry report includes a technology that uses video surveillance equipment to transmit images to a specific set of monitors, a security system that involves the use of video, such as cctv systems, security services that combine remote monitoring systems and other technological solutions and patrolled guard services and a technology that involves the use of face, fingerprint or similar recognition of individuals to permit secure access.

Industry Performance of the Security Services industry in Ontario

Benchmark the Security Services in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Security Services in Ontario

#1 in Highest Revenue 40.8% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()

Security 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 Services industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, corporate profit, number of businesses and crime rate are impacting Security Services in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Corporate profit
Number of businesses
Crime rate

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

Census Metropolitan Area Data of the Security Services industry in Ontario

Access proprietary data on Census Metropolitan Area in the Security Services in Ontario, such as Toronto, Ottawa - Gatineau and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Security Services industry in Ontario

Download 17 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 Services industry in Ontario in 2025?

The market size of the Security Services industry in Ontario is $3.7bn in 2025.

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

There are 1,040 businesses in the Security Services industry in Ontario, which has been growing at an average annual rate of 0.4% from 2020 to 2025.

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

The market size of the Security Services industry in Ontario has been growing at an average annual rate of 1.5% from 2020 to 2025.

How many employees in the Security Services industry in Ontario in 2025?

There are 49,202 employees in the Security Services industry in Ontario, which has been growing at an average annual rate of 3.8% from 2020 to 2025.