4/5/2023 0 Comments Brinks security for businessComprehensive overview of the home and small business alarm system value chain.New data on alarm system adoption by country and segment.Insights from 30 executive interviews with market leading companies.ADT is only active in the US while Verisure is active in 13 European countries and four countries in South America. ADT and Verisure are the two largest providers of professionally monitored alarm systems for homes and small businesses, with 6.3 million and 4.3 million customers respectively at the end of 2021. DIY security systems typically include self-monitoring as a standard feature and professional alarm monitoring services are offered as an option. Providers of DIY home security systems include SimpliSafe, Frontpoint, Ring (Amazon), Yale (Assa Abloy), Arlo, Somfy, Scout Security, Canary, Minut and Wyze Labs. Traditional home security systems include professional alarm monitoring. The traditional home and small business security systems market in Europe and North America is served by specialist home security companies such as ADT, Verisure, Brinks Home (Monitronics) and Sector Alarm security service companies such as Prosegur, Securitas and G4S telecommunications and cable television companies such as Comcast, Telus, Cox Communications and Bell Canada as well as utilities, banks and insurance companies such as EPS (Credit Mutuel), Credit Agricole and Groupama. When the system is activated, the ARC can dispatch a security patrol and contact emergency services. A professionally monitored security system is connected to an Alarm Receiving Centre (ARC). A self-monitored security system is connected and informs the owner of the premises upon activation by sending a text message, email or push notification through a smartphone app. Such systems are not monitored and cannot be accessed from remote. When activated, a local security system emits an alarm sound to alert the surroundings and scare off intruders. Security systems for small businesses and private homes can be divided into three main categories - local, self-monitored and professionally monitored security systems. In North America, the number of monitored alarm systems is forecasted to grow at a CAGR of 3.0 percent, from 33.6 million in 2021 to 39.0 million in 2026. The number of professionally monitored alarm systems in Europe is forecasted to grow at a compound annual growth rate (CAGR) of 4.5 percent, from 17.6 million in 2021 to reach 21.9 million in 2026. Read the new findings about the market for home and small business security systems. Learn about the business opportunities associated with wireless IoT solutions for the alarm system industry in this 100-page report covering both Europe and North America. The analyst estimates the number of cellular IoT connections for home and small business security systems in Europe and North America will grow at a compound annual growth rate of 6.7 percent from 39.9 million in 2021 to 55.2 million in 2026. 04, 2023 (GLOBE NEWSWIRE) - The "The Home and Small Business Security System Market in Europe and North America - 12th Edition" report has been added to 's offering.Ĭellular connectivity is rapidly becoming a standard feature in security alarm systems for the consumer and small business markets.
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