Tag: SIA Security Market Index

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...

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...

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 projects and partnerships,...