Canada's Soaring Security Market Driven by Crimes and New Tech
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Canada's security services market is growing rapidly, projected to reach $9.4 billion by 2032 due to rising security threats. Physical security makes up over half of revenue.
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Demand is driven by property crime, cyberattacks on businesses, and the need to protect critical infrastructure.
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Top opportunities lie in integrated physical and digital security solutions and adopting new technologies like AI and advanced surveillance.
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Alberta leads security services growth, with over 60% of firms using cutting-edge technology. Massive investments and infrastructure projects are key drivers.
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Leading security providers include GardaWorld, Paladin Security, and G4S, together employing thousands across manned guarding, mobile patrols, and specialized services.