The global alarm monitoring services market is forecast to be valued at US$65.3 billion by 2017 as a result of growth in the sector between 2011 to 2017. Increases in government spending on public safety systems following the continued threat of terrorism has helped the alarm monitoring services market over recent years, although it is the construction of new homes which is forecast to maintain growth in the future. In addition, the continued trend to offer big discounts on insurance premiums for fitted alarm systems is also helping to drive growth in this market sector. Liability losses due to theft, misappropriation of assets or even fire damage at workplaces are being reduced as a result of sound security measures being implemented as part of health and safety practices.

During recent years, the improved technological advances combined with lowering unit costs and prices for consumers has also helped the alarm monitoring services industry. One of the key beneficial technological advancements is remote monitoring and control whereby the monitoring of virtual alarm monitoring services  is conducted over the Internet or broadband with alarms dispatched over both the Internet or cellular networks accessible through a wide range of communication devices.

During 2008 and 2009, sales in alarm monitoring services declined as a direct result of the collapse of the global construction industry. Despite this growth the alarm monitoring services sector was relatively robust to the economic downturn and recession when comparing other industry sectors and the ecomony's impact on growth.

The government support packages proposed for the construction industry in the form of sponsored economic stimulus packages is forecast to assist growth in the alarm monitoring services market. During the recovery period, alarm fitters are forecast to concentrate more on the niche markets to remain competitive. Touch screen alarm panels , synergies with GSM communication as well as home automation capabilities are all expected to drive increases in unit prices and market value of the global alarm monitoring services sector.

The major markets for alarm monitoring services are Europe and United States although it is the regions such as Latin America, Middle East and Asia Pacific where the majority of growth is to be reported. Both residential intrusion and fire alarm monitoring systems are the largest contributor to revenues overall. Growth in the non-residential alarm monitoring services is forecast to reach 5.9% CAGR during the period 2011 to 2016.

The leading players in the global alarm monitoring services industry are Ademco (Far East) Pte Ltd, ADT Security Services, Bay Alarm Company, Canadian Corps of Commissionaires, Central Security Patrols Co Ltd, G4S PLC, Global Security Solutions, Guardian Protection Services Inc, Honeywell International Inc, Monitronics International, Prosegur compania de Seguridad, Protection 1 Inc., Reliance Security Group, Secom Co. Ltd., Securitas AB, Securitas Direct AB, Siemens AG, Slomin's Inc, Sohgo Security Services Company Ltd, Stanley Convergent Security Solutions, UTC Fire & Security, Vector Security Inc., among others.

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