Following the announcement that Tyco International acquired Broadview Security in a deal worth US$1.9 billion, IMS Research estimated that Tyco International, and its security business ADT , will account for more than half of the residential alarm monitoring services market in North America.
Following the announcement that Tyco International acquired Broadview Security in a deal worth US$1.9 billion, IMS Research estimated that Tyco International, and its security business ADT , will account for more than half of the residential alarm monitoring services market in North America.
"In a move that combines the top two suppliers of residential alarm monitoring services in North America, Tyco International plans to integrate Broadview Security with its security systems integration and alarm monitoring business ADT," said Niall Jenkins, Market Analyst. IMS estimates ADT will command a market share more than 10 times the size of its nearest competitor in the North American market.
IMS is working on an update to the "North American Market for Remote Monitoring Services." This report will cover the alarm monitoring, remote video monitoring and Personal Emergency Response Systems markets in North America.