Are You ‘Alarmed?’ Study Asks Industry About New Entrants
In most cases, a sudden influx of players and increased competition would be detrimental for an industry. However, the U.S. intruder alarm market is embracing the plethora of new competitors entering the business because these recent market entrants are partnering with established security suppliers to offer complete home security product offerings and increasing market awareness, according to a recent study entitled “The World Market for Intruder Alarms” from IMS Research, Austin Texas, now part of IHS.