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Fox
Nowadays even if you can still have an alarm linked to the police, there is zero chance they'll come out. So a smart one allows you to check and handle it.
I think it depends where you live.
My folks have always one after a couple of burglaries back when I was younger so I thought they were pretty normal. But the area is a million miles now from where it was - needle exchange is long gone, rough pub is beyond gastro, etc. So not sure if it's still as necessary.
I might be naive, but generally you don't seem to have as many smackheads around. Most of the crime I hear about personally is mobile snatch and runs, usually on a scooter. I can't remember the last time I heard about an old school mugging, whereas it used to be pretty regular. Likewise car break-ins were a weekly occurance and I literally can't remember hearing about one for decades. In terms of burglaries the ones I do hear about now typically involve someone with off street parking and a nice car, or home invasions in high end more suburban areas. So yeah where you live(d) it's probably less use than it would have been in the 90s.