The security industry has come a long way since Edwin Holmes began the first company in 1857. Home Security has since added enough technology to its systems, that it is capable of doing a lot more than just protecting a home from potential intruders. This industry has grown large enough to make an effect on other major business sectors that most homeowners use. So how has the security industry affected other business fields and households throughout the U.S.?
First it has impacted the home insurance sector in this country. Most major insurance companies, give their customers discounts for having monitored systems in their homes. The more monitored safety equipment (i.e. smoke, carbon, burglary) a household has increases the discounts that insurance companies are willing to give. Second, home security systems have also appeared in the real estate industry, by adding value to homes at the time of sale. The most influenced sector, has been the emergency services sector all around the country. From giving the police faster response times and creating jobs for False Alarm Reduction Units to deterring “smash and grab” burglars as well as allowing fire and medical personnel to get to an emergency situation as fast as possible.
Finally, what seemed to be out of reach for the masses is now at the consumers fingertips. Customers of security companies are now offered the chance to have a “smart house” and practically control most of the home with a single touch of a button. From controlling lighting, thermostats, doors, cameras and window blinds, clients can customize their security systems to fit their lifestyles. As the technology field continues to advance so does the use of home security systems.