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Security Services in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL56161CA

Security Services in Newfoundland industry analysis

Revenue for the Security Services industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx 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 million.

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

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About the Security Services in Newfoundland Market Research Report

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

Definition of the Security Services in Newfoundland?

Security service companies in Canada provide investigation and detective services, guard and patrol services, in addition to protected transport of valuables, including money, receipts and other items. Firms sell to a diverse slew of customers, including major corporations, financial institutions, retailers and government agencies.

What’s included in the Security Services in Newfoundland?

The Security Services in Newfoundland 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 Newfoundland 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 Newfoundland

Benchmark the Security Services in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Security Services in Newfoundland

#9 in Highest Revenue 0.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Security Services in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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

Key Drivers of the Security Services industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, newly issued building permits, number of businesses, value of nonresidential construction and value of residential construction are impacting Security Services in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Newly issued building permits

View more economic information in NL State Economic profile

Canada Key External Drivers

Number of businesses
Value of nonresidential construction
Value of residential construction

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

Census Metropolitan Area Data of the Security Services industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Security Services in Newfoundland, such as St. John's, Bay Roberts and Corner Brook. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Security Services industry in Newfoundland

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 Services industry in Newfoundland in 2025?

The market size of the Security Services industry in Newfoundland is $77.2m in 2025.

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

There are 23 businesses in the Security Services industry in Newfoundland, which has been declining at an average annual rate of -3.9% from 2020 to 2025.

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

The market size of the Security Services industry in Newfoundland has been declining at an average annual rate of -3.7% from 2020 to 2025.

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

There are 1,291 employees in the Security Services industry in Newfoundland, which has been growing at an average annual rate of 6.3% from 2020 to 2025.