Tag: Security Market Index (SMI)
SIA Security Market Index offers positive outlook on industry
June 9, 2023SSN Staff
SILVER SPRING, Md. – Outlooks on the security industry are positive following the results of the Security Industry Association’s (SIA) Security Market Index (SMI) survey.
The May-June index saw over three quarters of responses, 77% of those surveyed, describe conditions at their company as “excellent” or “good,” with 34% reporting the highest rating according to SIA. The survey pool is made up of industry leaders representing a cross section of SIA membership.
Continuing...
Industry confidence rebounding
May 26, 2021Paul Ragusa
While the U.S. begins to pull itself out of quarantine (the New Yorker cover sums it up perfectly), we here at Security Systems News have been hearing from all facets of the industry – dealers, systems integrators, consultants, manufacturers, end users – that things are starting to open up again, as new business pipelines (bad choice of word considering the recent Colonial Pipeline incident) begin to get back to pre-pandemic levels, and better, for some.
As Eagle Eye Networks...
SIA’s Security Market Index shows positive signs for industry
October 7, 2020SSN Staff
SILVER SPRING, Md.—Provided to Security Industry Association (SIA) members as a review of current market conditions, the September/October 2020 Security Market Index (SMI) shows industry confidence continues to climb, returning to pre-COVID numbers.
The SMI for September/October 2020 is 49, up from 32 in the July/August report and up from 30 in the May/June report. The last time the security industry’s confidence was this high was in the March/April SMI, which recorded a confidence...
Security market confidence on rise
December 3, 2014Amy Canfield
New product introductions, sales and new orders drove SIA's Security Market Index up to 74.6 in November, SIA reports.
That's up from 72.3 in September and 62 in July.
Independent researcher Maddry Associates conducted the bimonthly Internet survey of nearly 100 executives from SIA member companies.
"Across the board, security companies indicated that they are feeling bullish about the performance of the security industry in the coming months," Ron Hawkins, SIA manager of special...