SecurityWorldMarket

24/02/2010

ADT's residential alarm monitoring market share to rise

Wellingborough, UK

Following the announcement today that Tyco International will acquire Broadview Security in a deal worth USD 1.9 billion, IMS Research estimates that Tyco International, and its security business ADT, will now account for over half of the residential alarm monitoring services market in North America.


"In a move that combines the top two suppliers of residential alarm monitoring services in North America, Tyco International plans to integrate Broadview Security with its security systems integration and alarm monitoring business ADT." comments market analyst Niall Jenkins. Furthermore, IMS Research estimates that ADT will command a market share more than ten times the size of its nearest competitor in the North American market.

IMS Research is currently working on an update to the "North American Market for Remote Monitoring Services". This report will cover the alarm monitoring, remote video monitoring and PERS (Personal Emergency Response Systems) markets in North America. The report will also cover South & Central America.



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