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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 ...
In 1999, Keith Nellesen and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. [4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7]
The alarm system is required to have a maintenance check carried out every 6 – 12 months. In the UK, 'Audible Only' intruder alarm systems require a routine service visit once every 12 months and monitored intruder alarm systems require a check twice in every 12-month period.
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An alarm monitoring center, central monitoring station (also known as "CMS" or wholesale central station), or alarm receiving center (also known as ARC) [1] is a company that provides services to monitor burglar, fire, and residential alarm systems. The Central Monitoring Station may also provide watchman and supervisory services.
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