Competition in Residential Security

LONDON, July 31, 2017  /PRNewswire/ — Growth in the residential security market and its position as the leading channel for smart home solutions have attracted numerous new entrants. Telecoms, cable operators, and CE manufacturers are joining traditional security players as they compete to fulfill consumer demand for safety and security. This report analyzes the changing competitive landscape of the professionally monitored arena and assesses key industry trends. In sum, this report provides a working knowledge of today’s U.S. residential security system market, its players, and the market dynamics affecting the industry.

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1.0 Report Summary
1.1 Purpose of Report
Growth in the residential security market and its position as the leading channel for smart home solutions have attracted numerous new entrants. Telecoms, cable operators, and CE manufacturers are joining traditional security players as they compete to fulfill consumer demand for safety and security. Categorically, each type of player is facing competition uniquely – national, regional, and local dealers all have a different strategy about how they will overcome the increasingly competitive landscape. This report is part of a 4-piece series focused on the U.S. residential security market. Paired with Home Security: Consumer Insights, Home Security: Channel Insights, and Home Security: Market Sizing and Forecasts, this series provides a comprehensive view of the security industry.

The purpose of this report is to assess key trends and document the changing competitive landscape of the professionally monitored security arena. Companies seeking a piece of the U.S. marketplace for security systems and their smart home adjacencies will benefit from understanding their competitors’ positioning. In sum, this report provides a working knowledge of today’s U.S. residential security system market, its players, and the market dynamics affecting the industry.

1.2 Scope of Report
This report focuses on the professionally monitored residential security market and includes the following content:
– Competitive analysis of residential security players
– Industry trends and insights
– Consumer data from Parks Associates

The key questions addressed and answered in this report include:
– What trends are affecting the market and competitive landscape?
– How are players competitively positioned?
– How are telecommunications and cable providers competing against traditional security providers?
– How does competition differ between geographic segments (national/regional/local)?
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