Market growth is likely to come from regions of with increasing disparity in property values in close proximity, and from improvements in sensor technology, especially biometrics. Market consolation is sure to occur due to the segmented market and large number of market participants. New entrants are also expected to fare well due to competitive advantage of emerging technologies.
Companies mentioned in this research report are ADT, APX/Vivint, ASG Security, AT&T, Inc., Comcast Corporation, Central Security Group, Gardian Protection Services, Monitronics International, Protection One, Inc., and Stanley Black and Decker.
Home security monitoring services offer basic and enhanced services to homeowners. Basic security services have wired and wireless sensors installed on windows and doors to detect unauthorized and forced entry. The sensors trigger alarms that notify a central station that then notifies the homeowner and the police if appropriate. Services operate 24/7, even during power failures, and can contact the fire and paramedic units. Revenue reported herein is for the ongoing monitoring service.
High end home security monitoring services offer video surveillance. Mobile security solutions allow managing the security system from electronic devices. Personal emergency response may be part of the security package, where medical help can be summoned if needed. Energy management, environmental hazard monitoring, warning of water pipe bursts, and flooding generate alerts as wireless sensors trigger alarms that notify a central station.
As with the basic service packages, the hardware is a large upfront cost that the customer initially pays only a small fraction of. Ongoing monitoring service is the recurring monthly revenue (RMR) that the companies receive. Thus, customers must be maintained for long periods of time to generate profits on each customer. Customer service and automatic payment methods are important for the profit margins of each company. Thus, maintaining customer is the most important part of this business.
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Analysis can be customized by location and type of facility, such as residential, small business, or commercial. In the US additional breakdown of the revenue is offered by metropolitan statistical area (MSA). This edition of the index is limited to residential revenue from US dwellings. Residential monitoring includes single family and multifamily dwellings, but not small business. Analysis of additional regions worldwide or alternate type of facility can be provided upon request.
Table of Contents:
Tables of yearly and quarterly market share revenue of each company in this sector
Graph of yearly market share revenue of each company in this sector
Graph of quarterly market share revenue of each company in this sector
Market segment definition, methodology, and about WinterGreen Research text
Text describing analysis of the market share revenue and market share index which discusses strengths and weakness of market participants
Table and Graphs of yearly market share index which shows the percent growth of the companies since 2006. Table of quarterly market share index is also presented.
Text describing the strengths and challenges of each company described in market segment.
Table of yearly market share forecast in this sector from 2014 to 2022 with percentage growth rate.
Chart Market Forecast
Graph of yearly market share forecast in this sector from 2014 to 2022.
Flat file of raw data formatted for the formation of Pivot Tables or Import to Program of Choice.
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