Abstract
SYNOPSIS
Parks Associates' Home Systems: Home Security provides a comprehensive
analysis of the residential security marketplace including profiles of major
and emerging equipment and monitoring firms, analysis of key trends and
industry layers, forecasts through 2012, and an analysis of the consumers with
or intending to adopt monitored or independent security systems. The report
analyzes the future for security from a strategy perspective.
“Residential security is a largely mature industry,” said Tricia
Parks, CEO of Parks Associates. “Questions as to where the industry will
migrate, how and if it will redefine, or what innovations will expand its
value and invigorate its potential are on the minds of current companies as
well as on service providers investigating the market. In this report, I' ve
tried to sort the questions and progress to logical options for current and
potential industry stakeholders.”
Table of Contents
The Bottom Line
1.0 The Status of the Home Security Industry
- 1.1 History in a Nutshell
- 1.2 2000 Forward for the Security Industry
2.0 U.S. Householders and Security Systems
- 2.1 The Next Group of Adopters
- 2.2 Forecasts for Security and Monitoring 2007-2012
3.0 Dealer Installed Security Distribution
- 3.1 The Builder and Security
4.0 The Security Companies
5.0 Salient Trends and Strategy Issues
6.0 A U.S. Residential Security Forecast Summary
Resource Book
1.0 The Resource Book
2.0 Home Security in U.S. Households
- 2.1 The Demographics of Security at Home
- 2.2 The Role of Moving and Security Systems
- 2.3 Appeal of New Services and Benefits
- 2.4 Which Providers Do Consumers Call At a Move?
- 2.5 Comparing Current Penetration and Intentions for Security with
Selected Other Products
3.0 Security Distribution
- 3.1 Security Dealer Survey Overview
- 3.1.1 Security Dealer Respondents
- 3.1.2 Definition of Home Systems Security Integrators
- 3.1.3 Business Characteristics of Security Systems
Integrators/Installers
- 3.1.4 Specifics on Security Systems in their Channel
- 3.1.5 Beyond Security: Products Installed by Security Systems
Integrators across Categories
- 3.1.6 Installations in New vs. Existing Homes
- 3.1.7 Average Number of Installations across Categories
- 3.1.8 Average End-user Costs: Security, Control, Audio, Home Theater
Systems
- 3.1.9 Brands Sold by Security Systems Integrators across Categories
- 3.1.10 High End Installing Dealers (CEDIA Type)
- 3.2 Builders and Security Systems
- 3.2.1 Specific Builder Survey Questions and Responses
4.0 Housing Forecasts
- 4.1 Methodology
- 4.1.1 Households
- 4.1.2 Housing Value
- 4.1.3 New Housing Starts vs. Existing Housing
- 4.1.4 Data Sources
- 4.1.5 Housing Forecast Techniques
- 4.2 New-Start Housing Forecasts
- 4.3 Existing Housing Forecasts
5.0 Security Systems Forecasts
- 5.1 Methodology
- 5.2 Housing
- 5.2.1 Housing Value and Security
- 5.3 System Classifications
- 5.3.1 Mass-Market Monitored Security Systems
- 5.3.2 Custom Monitored Security Systems
- 5.3.3 Do-It-Yourself Security Systems
- 5.3.4 Dealer-Installed Security Systems
- 5.3.5 Intelligent Security Systems
- 5.3.6 Key Forecast Assumptions
- 5.3.7 U.S. Security System and Monitoring Forecasts
- 5.4 Do-It-Yourself System Hardware (Figures 92-94)
- 5.5 Dealer-Installed System Hardware (Figures 95-97)
- 5.5.1 Intelligent Security System Controller Hardware (Figures 98-100)
- 5.6 Residential Monitoring (Figure 101-106)
- 5.7 Remote Home Monitoring: Passing Fad or Wave of the Future?
6.0 Selected Security and Equipment Providers
- 6.1 ADT Security Services, Inc.
- 6.2 Brink' s Home Security
- 6.3 Elk Products
- 6.4 DSC
- 6.5 Honeywell Security
- 6.6 GE Security
- 6.7 uControl
- 6.8 Monitronics International, Inc.
- 6.9 Protection One
- 6.10 Visonic Technologies Ltd.
- 6.11 Others
Figures
The Bottom Line
- The History of Monitored Security in U.S. Households
- History of Security in a Nutshell
- U.S. Housing with Security Systems by Category 2005 - 2012
- Revenues by Type for the Security Industry 2005 - 2012
- Regional Variations for Security Monitoring in Internet Households
- Basic Demographic Comparison among All, Internet, Broadband and Monitored
Security U.S. Households
- Demographics with the Highest Correlation for Security Systems in U.S.
Homes
- High Intenders for Security System in the Next Year in Internet Households
- Initial Sales of Security by Category
- Locations for Installation of Security Dealers
- U.S. Security Dealer' s Total Revenue 2005
- Affiliation of Security Dealers with National or Large Regional Entities
- The Nature of Affiliation among the 30% of Security Dealers Stating
Affiliation
- Security Dealers' Influence on Brands for Install Categories
- Top Three Brands Offered by Security Dealers
- Builders and Security Systems
- From Where do Builders Acquire Security Equipment?
- Builder Margin on Selected Electronic Systems
- The Influence of Top Amenities According to Builders
- U.S. Builder Revenue Deriving from Security Systems
Resource Book
- Security Penetration by Category 2006 EOY
- General Demographics for Security Systems in U.S. Homes
- High Correlating Demographics for Security System Ownership
- Demographics with High Correlation to Having Monitoring
- Ownership of Selected Products in Security and Non-security Households
- Ownership of Selected Products in Security and Non-security Households
- Moving Patterns among Internet HHs and Internet Security Households
- High Intenders for Security and Ownership among Stationary and Moving
Households
- Security System Usage in Monitored U.S. Households
- External Remote Control over Systems
- Internal Remote Control Appeal
- Appeal of New Features for Home Systems
- Moving Families First Service Provider Call
- Security Penetration and Intentions Compared with Other Selected
Electronics
- Types of Locations/Facilities in Which Integrators Install Systems
- Integrators' Total 2005 Revenue
- Breakdown of Integrators' Residential Business
- Types of Security Systems Installed
- Percentage of Installs: New vs. Existing
- Security System Components Installed by Security Dealers
- Additional Equipment Installed by Security Dealers
- Average Cameras Installed by Security Dealers Active in Category
- Average Cost (Total) of Security Installation to Customer
- Brands of Security Offered
- Comparison of Residential Sales 2006 and 2005
- Percentages of Integrators Installing Selected Product Categories
- Percentages of SECURITY & CONTROL Systems Installed in New vs. Existing
Homes in 2005
- Average Number of Installations Completed in 2005 Control, Audio & Home
Theater Systems
- Average End-user Costs of Systems in 2005 Security, Audio & Home Theater
- Comparison of Average Costs of Audio & Home Theater Systems Installed in
2005: Security Dealers vs. Custom Installers
- Top Brands of Security Systems Integrators Installed
- Top Brands of Speakers in Audio Installations
- Top Brands of Components in Audio Systems
- Top Brands of Components Installed in Home Theater Systems
- Installation of Security by High-end Installing Dealers
- Common Householder Questions about Security Systems
- Market Value of Security Systems Installed in New Residential Construction
- What Types of Security Systems Are Installed?
- Are Security Systems Offered as Standard or Optional?
- Technologies Employed in Security Systems
- Why do Home Builders Offer Security Systems?
- Typical Home Security Components Installed
- Additional Equipment Offered with Security Systems
- Average Buyer TOTAL Cost for Security Systems
- Typical Home Security System Margin
- Top Ten Most-Widely Offered Brands of Security Systems
- Who Determines Which Specific Security System to Install?
- Importance of Selected Purchase/Brand Criteria to Choosing Products
- From where is the Security System Hardware Acquired?
- Why Builders Do NOT Offer Security Systems
- Housing Definitions
- Housing Forecast Methodology Summary
- Break down of US Households
- Housing Values
- Sources of Disaster
- Data Sources
- Forecast Drivers
- New Housing Starts 2005-2012
- Total Existing Households
- Existing Single-Family Homes by Value
- Installation Type
- Model for Security Forecast
- Home Security Forecast Methodology Summary
- Total Available Market
- Penetration by Category
- A Basic Security Systems
- Security Product Evolution
- Marketing for DIY and Low Cost Security
- Pros and Cons of Mass Marketed Dealer-Installed Monitored Security
- Integration of Security across Application Categories
- Do Home Builders Offer Monitored Security as a Standard Feature?
- Initial Sales by Category
- U.S Homes with Systems by Category and Total
- Hardware, Labor, and Monitoring Revenue
- Remaining U.S Housing without Security and without Monitoring ( #M)
- Existing Homes Adding Dealer Installed Systems
- Existing Homes Adding Systems by Home Value
- Homes Replacing Systems
- Existing Homes Adding Dealer-Installed Systems
- New Homes Adding Systems
- New Homes Adding Dealer-Installed Systems
- New Homes Adding Dealer-Installed Systems by Home Value
- Total Initial Security System Sales
- Initial Security System Sales by Category
- Homes with Systems
- Homes with DIY Security Systems
- Penetration Rate for Dealer-Installed Systems
- Single-Family Penetration for Dealer-Installed Systems by Home Value
- Number of Homes with Dealer Installed Systems
- Average Security System Controller Price
- Security Controller Revenues
- Average DIY Controller and Sensor Prices
- Average DIY Sensor Dollars by Home Value
- DIY Controller and Sensor Revenues
- Average Dealer-Installed Controller and Sensor Prices
- Dealer-Installed Sensor Dollars by Home Value
- Dealer-Installed Controller and Sensor Revenues
- Average ISSC Controller and Sensor Prices
- ISSC Sensor Dollars by Home Value
- Total ISSC Revenues
- Average Monthly Monitoring Fees
- Total Monitoring Revenues
- Total Monitoring Revenues by Home Value
- Monitoring Revenues by Housing Category
- Monitoring Revenues by Install Type
- DIY Revenues by Category
- Remote Self Monitoring for Security: Hardware and Service Company
- Table of Self Monitoring Entries
- Dealer-Installed Labor revenues