Thursday, November 01, 2001
From the section Research Review.
...[T]he latest figures from Parks Associates' 2001 Home Security Forecast ... [show] that, despite the fact that many dealers are now installing more than home security systems, the demand in this market is still strong. Total revenues for residential security will equal nearly $7 billion in 2001 and nearly $14 billion in 2009.
.... [S]ystem sales to single-family homes will experience slight declines through 2009. This will happen as the $100,000 to $200,000 home value category grabs increases of 2 percent by 2005 and 1 percent by 2009.
.... [T]he biggest growth market for dealers who install security systems is in single-family homes. The single-family homes penetration growth rate is expected to rise 17 percent by 2009.
From the section Research Review.
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