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| INDUSTRY FACTS |
The Security Industry is Growing
In 1997, Americans spent an estimated $14.8 billion on professionally installed electronic security products and services. (This figure includes monthly monitoring fees.); previous totals are: $13.2 billion in 1996 and $10.2 billion in 1995.
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
Spending on electronic security products and services is growing at estimated 4.3 percent per year.
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
In 1997, an average of 13,100 businesses nationwide were classified as "alarm installing entities."
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
By the end of 1998, more than one in five homes (20 percent of households) will be electronically protected. (This number includes both professional and do-it-yourself systems; however NBFAA endorses only professionally installed and monitored systems.)
source: J.P. Freeman & Co.
From 1995 to 1998, consumers spent more than $33 billion on home security installations. (This figure includes monitoring costs.)
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
Security is a Small-Business Dominated Industry
Approximately one-half of the businesses installing alarm systems have annual revenues of less than $250,000 per year and employ four or fewer employees.
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
Prices are Dropping
Due to improved technology and the competitive marketplace, the average price of a security system has decreased in the last seven years; dropping from $1, 509 in 1990 to $1,200 in 1998.
Security Systems Reduce Burglaries
There were 2.43 million burglaries in the United States in 1997 and 489,000 robberies. 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.
source: Simon Hakim, Temple University, 215-204-7476
Where Burglars Enter a House
One survey in Pennsylvania showed that 81 percent of residential intrusions occur through the first floor. 34 percent of burglars entered through the front door; 23 percent through a first-floor window; 22 percent through the back door; 9 percent through the garage; 4 percent entered through a basement; 4 percent through an unlocked entrance; 2 percent through a storage area; and only 2 percent entered anywhere on the second floor
A study in Connecticut showed that 12 percent of burglaries occurred through an UNLOCKED door.
source: Simon Hakim, Temple University, 215-204-7476
A study in Connecticut showed that in 41 percent of alarmed homes that were burglarized, the security system was not turned on.
source: Simon Hakim, Temple University, 215-204-7476)
Police Believe Security Systems Reduce Burglaries
90 percent of police believe alarms deter burglary attempts.
source: STAT Resources, Inc., Boston, Mass., 617-734-2000
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. The organization also pledged to work with the alarm industry to help reduce the problem of false alarms.
source: International Assoc. of Chiefs of Police, Alexandria, Va., 703-836-6767
People Feel Safe with Security Systems
94 percent of alarm owners are satisfied with their alarm systems.
source: Simon Hakim, Temple University, 215-204-7476
Residential Fires are Expensive and Deadly
About 80% of all U.S. fire deaths occur in the home.
In 1997, home fires caused $508,300 in damage EVERY HOUR.
source: National Fire Protection Association, Quincy, Mass., 617-984-7274
Burglar Bars Can Kill
From 1985 to 1991, an average of 16 people died each year due to burglar bars blocking their exits from burning homes or buildings.
source: Learn Not To Burn Foundation, Quincy, Mass., 617-770-3000)
Fires are Linked to Products
In 1996, residential fires started by cigarettes accounted for roughly 1,134 civilian deaths, 2,582 civilian injuries, and $326 million in direct property damage.
source: National Fire Protection Association, Quincy, Mass., 617-984-7274
In 1996, children playing with fire (typically lighters and matches) started 87,330 residential, business and car fires resulting in 280 civilian deaths, 2,388 civilian injuries, and more than $278 million in direct property damage.
source: National Fire Protection Association, Quincy, Mass., 617-984-7274
Call Red Alert Security Systems today for a free home security evaluation:
1-800-973-2874