Study: Alarm Market To Reach $19.6 Billion By 2011

  • Sep 11, 2007
Despite a two percent fall, from $17.8 billion in 2005 to $17.5 billion in 2006, the market for alarm systems, services, and installations is expected to reach $19.6 billion by 2011, according to "U.S. Market for Alarm Systems, Services and Installations," a new report from market research publisher SBI.

Following significantly reduced equipment shipments and system installations in 2006 and changing market conditions in both the residential and commercial markets in 2007, SBI projects that growth will return to the market in 2008. Expected annual increases range between one and four percent, with growth expected as advanced technologies, integrated systems, cross- channel innovation, and general end-user awareness and interest in security, which is no longer limited to fire and intrusion, converge.

Even for the simplest of old-school alarm products, the next generation of the security industry has arrived on a wave of convergent innovation and system integration. Security systems are expanding into multiple channels of information transmission to create more reliable and convenient options for end users.

"The security and safety industry now has a great opportunity to explore alternative product and service channels that share technological and service touchpoints outside of fire and intrusion," said Cathy Minkler, associate editor of SBI. "These touchpoints include indoor and outdoor lighting, high-tech home entertainment, broadband services and independent living services for the infirm or aging."

Featured

  • The Future of Access Control: Cloud-Based Solutions for Safer Workplaces

    Access controls have revolutionized the way we protect our people, assets and operations. Gone are the days of cumbersome keychains and the security liabilities they introduced, but it’s a mistake to think that their evolution has reached its peak. Read Now

  • A Look at AI

    Large language models (LLMs) have taken the world by storm. Within months of OpenAI launching its AI chatbot, ChatGPT, it amassed more than 100 million users, making it the fastest-growing consumer application in history. Read Now

  • First, Do No Harm: Responsibly Applying Artificial Intelligence

    It was 2022 when early LLMs (Large Language Models) brought the term “AI” into mainstream public consciousness and since then, we’ve seen security corporations and integrators attempt to develop their solutions and sales pitches around the biggest tech boom of the 21st century. However, not all “artificial intelligence” is equally suitable for security applications, and it’s essential for end users to remain vigilant in understanding how their solutions are utilizing AI. Read Now

  • Improve Incident Response With Intelligent Cloud Video Surveillance

    Video surveillance is a vital part of business security, helping institutions protect against everyday threats for increased employee, customer, and student safety. However, many outdated surveillance solutions lack the ability to offer immediate insights into critical incidents. This slows down investigations and limits how effectively teams can respond to situations, creating greater risks for the organization. Read Now

  • Security Today Announces 2025 CyberSecured Award Winners

    Security Today is pleased to announce the 2025 CyberSecured Awards winners. Sixteen companies are being recognized this year for their network products and other cybersecurity initiatives that secure our world today. Read Now

Most   Popular

New Products

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.