SIA report: Business is ‘good,’ say industry execs

SILVER SPRING, Md.—Security industry executives say business is good, according to a survey by the Security Industry Association (SIA), which has released its May–June 2026 Security Market Index (SMI). In the latest report, 80% of respondents reported describing business conditions at their companies as either “excellent” (19%) or “good” (61%)—an 8-point increase over the percentage of positive sentiments in the March–April survey. “It’s always good to see such positive outlooks in the industry,” said SIA Board of Directors Chair Mike Mathes. “We are fortunate to be able to do work that helps keep people safe and that improves quality of life throughout the country and around the world.” The Security Market Index, which has been regularly published by SIA for nearly 30 years, is calculated using a proprietary formula based on three-month projections related to five key business components: capital equipment spending, number of employees or hours worked, marketing spending, product/service sales and research and development. “For nearly three decades, the Security Market Index has been the definitive bellwether of market confidence in our industry, bringing in feedback from manufacturers as well as a strong response from systems integrators and security installing companies,” said SIA CEO Don Erickson. “This report always features candid takes from security integrators on their business performance and outlook, which is especially important because they’re often the first to feel market changes.” Special focuses of SIA’s May–June 2026 SMI include security leaders’ perspectives on the growth forecast for the industry, insights on rising inflation and a solid labor market, the impact of rising prices on security businesses and more.