SIA’s Most Recent Security Index Report Shows Increasing Confidence in Industry’s Current State


Optimism has returned to the security industry, just in time for the run-up for fall industry events, with the Security Industry Association’s July/August Security Market Index finding that over 75% of respondents have a positive view of the industry’s current condition.

In the latest SMI report, more than three-quarters of respondents rated current business conditions for their companies as “excellent” or “good,” with one-fourth reporting the highest rating, and 18% saying they were “average.”

The SMI measures security industry executives’ current status and future expectations through a select survey of SIA members. The Index’s goal is to provide a macro-view of confidence levels in the security industry every two months while closely examining six specific business measures:

  • Number of employees or hours worked
  • Marketing spending
  • Product production or service output
  • Capital equipment spending
  • R&D spending
  • Product or service sales

Special focuses of SIA’s July/August SMI include:

  • Increased investments as companies’ confidence and product and service demand rise
  • Perspectives on positive economic indicators and overall industry concerns regarding the economy
  • Abating recession fears among industry professionals
News Staff
Follow Us
Share This
Scroll to Top