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”White doesn’t see that slowing down anytime soon. “2017 will be a year filled
with continued consolidation. The influx of private equity funds into this hot space will fuel mergers and acquisitions. There is continued interest from Internet giants and other entrants into this space that will cause disruption to the traditional business models. However, there is enough consumer demand to support the traditional and new business models that play in our sector. I believe most
dealers and integrators will grow in 2017, provided they embrace the available technologies.
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“The big companies are growing the market, not taking share away. They are trying to penetrate a market
that never really had an alarm system before. They are already in the house for telephone, Internet or cable and trying to throw a spin in there to bundle this home security in. I have noticed that those national companies can’t
give that personal service and we have gotten clients whose first alarm system was with a cable company. They call us to have that personal service and those calls are increasing pretty heavily. ”Boggs hasn’t seen much competition or benefit from DIY and the outside players. But that doesn’t mean it isn’t affecting his business strategy. “We think there may be a place for us in that DIY market. I would hate to see as big a trend as that is going to be and ignore it. We are looking at options. ” What he is more excited about is the growing market overall.
Posted by Anonymous at 3:19PM | (1 comments)