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While the future is bright, Boyce admitted Defenders’ 20 percent year over year growth rate could be difficult to maintain. “That’s not because the business isn’t healthy; it’s just that the number gets so big,” he said. He’s confident Defenders will continue to grow faster than the industry average. To meet growing demand, Defenders—which has 2,840 employees overall, including nearly 900 in Indiana—has doubled its number of installers and at home consultants in the last year to 1,755, Boyce said. The sky is falling?Defenders exclusively uses equipment made by ADT Inc. And ADT provides the monitoring service for all Defenders customers, who typically pay $99 to $700 for installation, depending on home size and product choices. ADT monitoring costs start at $27. 99 per month, Boyce said. While close to two thirds of the home security industry is still controlled by local and regional players, the growth potential has attracted some large companies and brought consolidation. Most notably, Amazon this year acquired home security brands Blink and Ring—startups that offer web connected doorbells and cameras—and announced a home security offering with monthly monitoring as low as $10. The move “is high up on the radars of people in this industry,” said Jillian Bateman, chief development officer of the Electronic Security Association, a national trade group.

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When you are alone at night, you can feel like you are particularly susceptible to a break in, regardless of the actual danger. To ease your mind, you should consider owning a dog. While many dogs are specially trained to provide security, any dog that barks at the presence of strangers can be an incredibly effective deterrent against crime. Moreover, a dog can provide you with the comfort of a companion so that you do not focus on potential danger any more than necessary. Although home security can be expensive, it does not have to be costly to be effective. LifeShield, Front Point, and other companies provide good wireless security that you can install yourself and don't cost a bundle.