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Ask for PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110120052 Wired telecommunication network held the largest share of the alarm monitoring market in 2017 Wired telecommunication network or PSTN is the most commonly used communication technology in the existing alarm monitoring systems; its reliability is a major reason of its dominating presence.
Monitoring of residential buildings is growing at a high rate owing to the rising penetration of security systems in the residential sector.
Most leading players operating in the global alarm monitoring market are based in this region.
The emerging R activities at the academic and industry levels are broadening the application areas of alarm monitoring to include equipment monitoring, building alarm monitoring, environment monitoring, and medical equipment monitoring in North America.
Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=110120052 The report also profiles the most promising players in the alarm monitoring market.
The competitive landscape provides a picture of the strategies adopted by a large number of the players in the market.
These monitoring stations alert the emergency services in case of an alarm.Browse 64 market data Tables and 47 Figures spread through 132 Pages and in-depth TOC on "Alarm Monitoring Market - Global Forecast to 2023"It has been observed that several residential customers purchase security systems to benefit from the lower insurance premium rates that are offered to the house owners who have installed security systems.
Insurance companies offer discounts on the purchase of home security systems, especially to those connected to the fire and local police departments.
Insurance companies give discounts in the range between 5% and 20% for different security measures installed in houses on the basis of the home owners’ policy.
These discounts are mainly offered as it is believed that houses equipped with security systems are 60% lesser prone to burglary attacks than the houses without security systems.
Hence, this factor boosts the demand for security systems.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110120052False alarms triggered due to variations in outdoor physical environmentFalse alarm is a major restraining factor in the adoption of alarm monitoring systems.
Alarm systems are influenced by outdoor physical environment, such as variation in temperature and humidity.
