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The Security Industry is Growing...
In 2000, Americans spent an estimated $17.5 billion on professionally
installed electronic security products and services. (This figure
includes monthly monitoring fees); previous totals are: $16.2 billion in
1999, $14.9 billion in 1998.
Spending on electronic security products and services is growing at
estimated 8.7% per year.
In 2000, an average of approximately 12,000 businesses nationwide were
classified as "alarm installing entities."
By the end of 2001, it is projected that approximately 17.5 % of the
households in the United States will be protected by professionally
installed and monitored electronic burglar alarm systems.
From 1990 to 2000, consumers spent more than $42.8 billion on home
security installations (This figure includes monitoring costs).
Security Systems Reduce Burglaries...
Homes without security systems are about 3 times more likely to be
broken into than homes with security systems. (Actual statistic ranges
from 2.2 times to 3.1 times, depending on the value of the home.)
Businesses without alarm systems are 4.5 times more likely to be
burglarized than commercial locations with electronic security in place.
Losses due to burglary average $400 less in residences with security
systems than for a residence without security systems.
Police Believe Security Systems Reduce Burglaries...
90 % of police believe alarms deter burglary attempts.
In 1994, the International Association of Chiefs of Police passed a
Board Resolution stating that professionally installed and monitored
alarm systems are useful instruments to deter crime and provide peace of
mind for residential and business owners. The organization also pledged
to work with the alarm industry to help reduce the problem of false
alarms. People Feel Safe with Security Systems...
94 % of alarm owners are satisfied with their alarm systems.
Arson
In 1999, the monetary value of property damaged due to reported arson
averaged $10,882 per offense.
Of the arsons cleared in 1999, 48 % involved only young people under the
age of 18, a higher percentage of juvenile involvement than for any
other crime.
The Cost of Fire |
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Security Industry Growth Small Business |