New Technology To Insure Home Security

In the last year, there has been a disappointing sales curve in the residential security industry because of the fact that the current weak economy has taken its toll on new home construction. In these unstable days of declining home values, banks are nervous about lending and home re-sales are at a significant low. Current homeowners may have either already installed an alarm and/or deadbolts or they may be waiting for a new innovation to motivate them to take a deeper financial plunge.

Statistically speaking, it is estimated that about 17 percent of homes have alarms, 77 percent have computers; 68 percent have broadband; and only about 5 percent know how to use it. No one knows exactly how many homes have locks on the doors, but it is probable that most of them do.

Market researchers, security dealers and technical writers abound with theories to explain this outcome. Perhaps first and foremost is the market research, which clearly indicates that buying decisions are largely based on a matter of perceived need. New trends in the residential security industry include that old standby, do it yourself. Consumers in an attempt to reduce hefty monitoring fees, rely on internet technologies and smartphones to help keep their homes secure.

Another trend cutting into the bottom line are the various home centers, which sell locks, integrated appliances and offer their own monitoring contracts. The value of central station monitoring has also come into question considering the slow/no response by police and the susceptibility of landlines to service interruptions.

Some new and interesting products in residential security are: Standalone wireless controls and wireless cameras; electronic door locks; HVAC thermostat, and door and window sensors which are both functional and ecologically sound. These products are very marketable because the bulk of their expense is in the hardware, which customers can take with them if and when they relocate.

New products are always on the horizon and the well-informed consumer must sift through the morass of advertising and find those products that work best for them. It might be hard to decide as many of them are quite amazing.

Bob Dylan was right about those times that are-a changing.

Posted by M Dee Dubroff, on May 22, 2013 at 10:00 AM