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SimpliSafe was founded in 2006 by then-Harvard Business School students, Chad and Eleanor Laurans after several friends in the Cambridge area experienced home break-ins, but couldn't find a security company that was designed to help renters. [2] [3] The couple worked on SimpliSafe in their own home from 2006 to 2008.
Alarm.com was founded in 2000 as part of MicroStrategy's research and development unit and launched an interactive security program that enabled remote monitoring and arming for a disarmed security system in 2002. The company has developed its platform to include smart home and business software that incorporates video monitoring, energy ...
Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
The global market for home security systems was valued at over $45 billion in 2018 and analysts are predicting it will be worth over $75 billion by 2023. General security anxiety is the top reason ...
In 2005, the company produced the first monitored self-installed security system business model. [6] The company also offered mobile apps that allowed customers to interact with their home security systems while away from their residences, [10] called the SMART connect app. [9] Security packages were offered at different pricing, in both hardline and cellular models.
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