Smart Alarm Systems Statistics and Home Security Facts

Introduction

Contents

Introduction
Editor’s Choice
What are Smart Alarm Systems?
Features of Smart Alarm System
General Smart Alarm Systems Statistics
By Revenue Growth
By Most Common Security Devices
How Effective Are Home Security Systems?
How Much Do Home Security Systems Cost?
Most Popular Home Security Companies
Burglar Motivations and Tactics
Home Fire Statistics
Conclusion

Smart Alarm Systems Statistics: Smart alarm systems represent a modern evolution in home security, leveraging internet connectivity to provide enhanced protection and convenience. Unlike traditional alarm systems, smart alarms allow homeowners to monitor and manage their security remotely via dedicated apps, offering features such as remote locking and unlocking of doors. This advanced technology ensures comprehensive protection against potential intrusions.

According to the 2023 Home Security Market Report by SafeHome, a significant majority of households, approximately 72%, now utilize at least one type of home security device. The report reveals that around 51 million households have adopted video surveillance systems, 37% of homes are equipped with video doorbells, and approximately 32% of households, or 39 million, have installed alarm systems. This data highlights the growing preference for smart security solutions and the increasing integration of advanced technology in safeguarding homes.

Editor’s Choice

By 2025, the demand for smart home security systems is projected to reach USD 8.2 billion and continue to grow annually.
As of 2023, about 32% of Americans have smart alarm systems installed in their homes.
Reports indicate that 83% of burglars check if a property has a security alarm system before attempting a break-in.
In 2022, Asia Pacific was the largest market for alarm systems and equipment, with a forecasted growth rate of 9% CAGR from 2022 to 2032.
North America is expected to grow at a 7% CAGR in the same period.
The global alarm system market is anticipated to reach USD 7 billion by 2027, growing at a CAGR of 4.7%.
Currently, 39 million households in the United States have smart alarm systems.
Between 2022 and 2032, the demand for wired alarm systems is forecasted at 64%, with 55% of these being residential.
The most common reason people install smart alarm systems is to enhance security, cited by 74% of users.
Robbery incidents in the U.S. fell by 2.3% from Q1 2023 to Q1 2024.
Larceny theft was the most common property crime, with 4.3 million incidents reported in 2022.
One in 180 packages gets stolen, with 119 million package thefts reported in 2023.
Nearly 50% of violent crimes occur at residential locations, emphasizing the need for effective security systems.
Home fires cause injuries every 53 minutes and deaths every 3 hours and 14 minutes.
Smoke alarms cut the fire-related death rate by at least 30%, and this improves to 71% for homes with hardwired smoke alarms that have battery backups.

What are Smart Alarm Systems?

Smart alarm systems are the modern version of traditional security or alarm systems. These systems are called smart because they are AI-enabled and technically developed products. By connecting to other smart devices, such systems can send notifications to the homeowner’s smartphone if any unwanted motion is detected. Smart alarm systems require access to WifI to connect with other systems for the overhouse protections. Following are the functions of a smart alarm system.

Features of Smart Alarm System

Smart alarms come with audible sirens when any motion is detected.
Connecting with other smart devices, homeowners can lock and unlock doors and windows when any motion is detected by a smart alarm system.
Compatible with smartphones and can be operated remotely.
Provides overall protection to the property.
Voice-enabled operations for quick functioning

General Smart Alarm Systems Statistics

As of 2023, in the United States of America around 32% of Americans have smart alarm systems installed.
The most common reason to install a smart alarm/ security system at home is to increase the overall security as stated by 74% of the people.
According to Smart Alarm Systems Statistics, 39 million households in the United States of America have these alarm systems installed in their homes as of today.
According to reports, 83% of the thieves will attempt to know if their house or any property has a security alarm system before attempting to burglary.
On the other hand, 60% of them would go to an alternate house if any alarm system is detected.
50% of the burglaries are said to be occurred in residential areas.
By 2027, the global alarm system market is expected to grow at a CAGR of 4.7% by reaching USD 7 billion.
As of 2022, Asia Pacific was the largest region for the alarm systems and equipment market.
In 2023, ADT will be one of the largest most well-known home security companies with a market capitalization of USD 5.68 billion.
Between, 2022 and 2032, the demand for wired alarm systems is 64%, out of which 55% will be owned by residential.
Within the similar forecasted period, North America and Asia Pacific are expected to grow at a CAGR of 7% and 9% respectively.

By Revenue Growth

(Source: statista.com)

By 2025, demand for smart home security systems is expected to reach USD 8.2 billion. In addition, the same is expected to continuously increase year by year.

By Most Common Security Devices

(Source: rubyhome.com)

As of 2023, around 39 million alarm systems i.e. 32% of households own smart alarm systems. However, the highest demand in the category of security devices is video surveillance resulting in 51 million.

How Effective Are Home Security Systems?

Nearly 900,000 burglaries occur annually in the U.S.
Research from UNC Charlotte indicates that 83% of burglars check for alarms before attempting a break-in.
60% of burglars will choose a different target if they find an alarm.
About 50% of burglars will stop their attempt if they encounter an alarm while trying to break in.
Rutgers University research shows a clear link between having alarm systems and a decrease in property crime.
96% of people feel safer with home security cameras in their neighborhood.
90% believe security cameras deter criminals.
77% worry about package theft and appreciate the ability to monitor deliveries.

How Much Do Home Security Systems Cost?

Home security systems generally cost between 200 USD and 1,200 USD, with an average installation price of 475 USD.
The initial equipment costs for a basic system typically amount to about 460 USD.

Equipment Costs

Equipment	Average Cost
Video doorbell	$170
Smart lock	$150
Security camera	$130
Glass break sensor	$110
Smart smoke alarm	$80
Motion detector	$80
Panic Button	$30

Cost by Security Company

Company	Base Cost	Monthly Fee
Wyze	$100	$10
Ring	$200	$10
Cove	$250	$20
Abode	$280	$20
ADT Self Startup	$190	$30
ADT	$300	$30
Simplisafe	$250	$30
Vivint	$600	$30
Frontpoint	$270	$50

Burglar Motivations and Tactics

Burglars often choose their targets based on the home’s location, the number of people living there, and the presence of security measures like alarms, dogs, and cameras. Our review highlights top security cameras designed to deter crime.
Before attempting a break-in, 83% of burglars check for alarm systems, and 60% would choose a different target if they saw signs of an alarm.
If an alarm is discovered during a break-in attempt, only 13% of burglars would continue with the burglary. More than half would abandon the attempt, and 31% might sometimes leave.
The primary motives for most burglaries are to obtain money or drugs, with drugs being a common use for the stolen money.
Common entry points for burglars include open windows or doors, with forced entry of these points also being frequent.
Planning for a burglary is rare, with only 12% of burglars usually planning their invasions. In contrast, 41% of burglaries are committed spontaneously.
The rate of household larceny and burglary tends to be higher in the summer months.

Home Fire Statistics

Every 21 seconds, a fire department in the U.S. responds to a fire, and every 88 seconds, it responds to a home-structure fire.
Every 53 minutes, someone is injured in a home fire, and every 3 hours and 14 minutes, someone dies from a home fire.
Annually, there are 1.5 million fires in the U.S., resulting in 13,250 injuries and 3,790 deaths. Home fires cause an estimated property loss of 18 billion USD each year.
Residential homes and apartments, though making up 25% of all fires, account for 72% of fire deaths and 75% of fire injuries.
In 2022, 19% of fires occurred in 1- or 2-family homes and 5% in apartment buildings. However, 59% of fire deaths and 54% of fire injuries happened in 1- or 2-family homes, while 16% of deaths and 21% of injuries were in apartment buildings.
Larger buildings have stricter fire-safety rules and automatic extinguishing systems (AES), which lower the number of deaths and injuries.
Home safety has improved, with a 5% decrease in fire deaths and a 9% decrease in fire injuries, despite a 7% increase in home fires.
Cooking causes 44% of home fires in the U.S.
Between 2018 and 2022, 74% of homes that had fires had smoke alarms. Most fire deaths (59%) happened in homes without smoke alarms (43%) or with malfunctioning alarms (16%).
Smoke alarms are crucial for safety. Homes with battery-operated smoke alarms without an AES have a 30% lower death rate. Those with any power source but no AES have a 50% lower death rate. Hardwired smoke alarms without an AES have a 67% lower death rate, and those with battery backup but no AES have a 71% lower death rate. Homes with any smoke alarm and an AES have a 90% lower death rate.
The best way to reduce fire deaths is to have smoke alarms and an AES. If an AES isn’t possible, hardwired smoke alarms with battery backups are highly effective.

Conclusion

Concluding the Smart Alarm Systems Statistics we certainly say that, with continuous developments in society, our homes have also become smart. We used to own only smartphones in the late 90’s. However there now have been very limited things that are left with not being smart.

Nowadays, connecting with other smart devices at home, smart alarm systems can send you notifications on your smartphones even if there is a slight motion at the front door or on any other side of the house. These are extremely convenient to use and only need to be connected to WiFi for proper functioning. It is most important to install such smart devices at home to protect the family.