Alarm Systems in Homes Nicaragua  

The growth in the supply of housing has led to an increase in demand for electronic security systems.

Wednesday, March 5, 2014

" ... The residential sector needs physical security (surveillance) , electric fences, alarm systems and camera systems, but not all homes have them. Consumption is focussed on alarm and response systems," said Lilliam Jerez, deputy manager at the company Ultranic Security.

"Demand is growing in parallel with the growth of the housing supply. Every month, Ultranic receives 50 to 60 requests for services for installation and monitoring of alarm systems, and the purchase index has increased from 20% to 35%."

According to a security consultant at Servipro, Germán Ruiz, "to protect a house of 65 m² we have a basic alarm kit (which includes control panel, keypad, battery, 2 motion sensors and 2 magnetic contacts for doors or windows) whose installation requires an investment of $250 or $350."



More on this topic

$2 million Alarms Tender

February 2018

The National Bank of Panama (Banco Nacional de Panamá) is putting out to tender an alarm and video monitoring service for 154 ATMs nationwide, for a term of two years.

Panama Government Purchase 2018-1-01-0-99-LP-014136:

"The National Bank of Panama requires a video monitoring and storage service in its 154 ATMs (111 internal and 43 external) nationwide, for a period of 24 months, 4 months for implementation and 20 months for the full service. All of the equipment related to the provision of this service will be the property of the supplier. Payment for the service will be according to point 10 of "Other Requirements".

Panama: Home Security Business Growing

July 2015

The growth in the average family income favors an increase in demand for alarm systems, electric fences, surveillance equipment and private security services.

Up to $7,000 can be spent by a family on implementing home security measures to minimize the chances of being burgled.

The Private Security Business in Costa Rica

May 2014

Between 2003 and 2013 the number of registered services to provide private security companies increased 13 times.  

A report by the Comptroller General of the Republic specifies that added to companies providing security services are also individuals registered as agents, which to date amounts to 29,582 people.

$231 Million Coastal Security System

August 2010

Panama is has purchased a Coastal Security System from Italian conglomerate Finmeccanica worth $231 million.

The contract states that different companies in the Italian group will provide components for the project: SELEX Sistemi Integrati will supply a monitoring system and cost control while AgustaWestland will contribute six AW139 helicopters to the Panama air-sea fleet.

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