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I was concerned years ago when the $99 and free alarms started appearing, so we started to do more commercial work. It changed, but it didn’t kill it. We still do a lot of residential. It just improved the installed base. The beauty of this industry is that installed base of systems in homes and businesses that are there regardless of who is living or working there. People like us who have been here and toughed it out have the opportunity to pick up some of that orphaned installed base. ”White doesn’t see that slowing down anytime soon. “2017 will be a year filled with continued consolidation. The influx of private equity funds into this hot space will fuel mergers and acquisitions. There is continued interest from Internet giants and other entrants into this space that will cause disruption to the traditional business models. However, there is enough consumer demand to support the traditional and new business models that play in our sector.

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It all depends on your home’s security needs. But bear in mind that if danger is detected, professional monitoring services will contact you first if a sensor is triggered. After the security provider has reached out to you and any emergency contacts they’ll contact the police on your behalf. So, the lag time between the triggered sensor and emergency responders getting to your home could be lengthy. On the other hand, unmonitored home security systems will automatically notify you directly when a sensor is triggered. Once you’re notified, you’ll have to determine whether or not it’s a false alarm or if you should call emergency services.