Industry Analysis & Industry Trends
While the recession caused businesses to reduce security budgets, revenue will recover over the next five years. Revived disposable incomes will encourage investment in low-cost monitored security systems, and Security Alarm Services industry players will increasingly take advantage of new technology, including biometrics. Furthermore, heightened fire and security regulations will positively affect growth... purchase to read more
Industry Report - Industry Products Chapter
Fire and security systems are the industry's primary products, accounting for an estimated 28.3% and 58.4% of industry revenue, respectively. The segments sell and install systems, provide remote monitoring services and maintain industry equipment. The services can also be integrated in a total building management system, which incorporates climate control, building and energy management, fire safety and security lighting.
Security alarms and monitoring services
Security alarms are primarily designed to detect unwanted entry and include video surveillance systems and electronic access control. Some companies, such as ADT Security Services, have more advanced systems for specific industries... purchase to read more