The rise of the alarm sector in Spain and Movistar

In the recent landscape of security in Spain, the alarm sector has experienced notable growth. Since the establishment of the Movistar Prosegur Alarmas joint venture in 2020, the company has achieved over 650,000 connections, reflecting a positive trend in the adoption of security systems by Spanish households. This growth is set against a backdrop of more than 1.2 million new customers joining the market in the last five years.

## Why it matters The rise of the alarm sector not only signifies a growth in customer numbers but also indicates a shift in the perception of home security. As more people seek to protect their properties, competition among providers intensifies, potentially leading to better services and prices for consumers.

## What we know Movistar has shown long-term vision by partnering with Prosegur to explore the potential of the alarm market. This alliance has allowed Movistar to diversify its offerings and respond to the increasing demands for security. Meanwhile, its competitor Orange has also taken steps by partnering with Verisure, indicating that the interest in this sector is considerable.

## What remains unclear While the market growth is evident, detailed figures on how connections are distributed among different providers have not yet been published. Additionally, it is unclear how the competition will affect pricing and additional services for consumers.