False alarm reduction is major goal for security device manufacturers, report says

DALLAS—Parks Associates, an internationally recognized market research and consulting company, has released a whitepaper noting that home security consumers are looking for solutions to reduce false alarms. as well as improve responses to events like home burglaries, with new solutions emerging for manufacturers to address these needs.

The firm’s consumer research shows 62 percent of security system owners report that their system triggered at least one false alarm over the past 12 months. The newly released whitepaper, Zero Response Time – Security System Intervention, developed in partnership with IoT security and healthcare solutions company Essence, addresses how improved monitoring solutions and active intervention techniques can improve accuracy in alerts and move security systems beyond detection to enhance the immediacy and effectiveness of their response.

“Security system adoption has steadily increased in recent years, reaching 36 percent of U.S. internet households,” said Chris White, Senior Analyst, Parks Associates. “However, false alarms are a persistent problem, which can slow response and exacerbate existing gaps and traditional limitations in home security coverage. Solutions that improve detection and allow immediate intervention can help deter intruders, reduce property loss, and increase the value of the system overall.”

Advancements in security system technology have increased, and adoption has grown, particularly with affluent young adults and families, according to Parks Associates. “New sensors can detect external movement and internal home occupancy, the research firm noted. “In addition, new security solutions, enabled by smart home connectivity and remote control, can enable quicker automated notifications, more immediate and direct intervention, and a more effective system.

“New solutions include smart security cameras with two-way talk, neighborhood safety apps that provide communal surveillance, and personal security apps that give users on-demand access to certified bodyguards and safety professionals,” White noted. “Companies will continue to incorporate new tech to overcome the limitations of the previous generation of security systems.”

To request data or an interview, please contact Rosey Sera at rosey@parksassociates.com, 1-972-996-0233.