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 and remote access. Also, improved corporate profit will allow companies to invest in more security systems. Furthermore, heightened government-mandated fire and security regulations will positively affect growth... purchase to read more
Industry Report - Industry Products Chapter
All industry segments sell and install systems and provide maintenance for security systems, alarms, locks and other industry-related equipment.
Security and alarm system services with monitoring
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. For example, its retail clients use radio frequency identification tags, which attach to individual merchandise to protect against theft. The segment also includes remote monitoring services, provided by security alarm services companies, which account for the majority of industry revenue... purchase to read more