Industry Research

Business in this market rose 7 percent (from 168 in 2009) to buck a troubling trend that had seen ground lost five of the previous six years.

As indicated elsewhere in these survey results, large companies prospered in 2010; others, not so much.

In a turnabout from recent years, the residential market fared better than the commercial segment in 2010 as operators across the board reported an increase in monthly installations.

After five consecutive years of decline, the average number of fire alarm systems being installed by dealers/integrators returned to its 2007 total.

The average number of video surveillance installations per dealer/integrator has continued to back away from its all-time high in 2007, losing another dozen projects.

The average number of access control projects held firm for the second year in succession at 60 installations.

Problems with entering and exiting buildings continue to trigger the most false alarms, and only increased their prominence in 2010.

Despite the tough economy, installing security contractors anticipated about 2-percent revenue growth ($14.8 million to $15.1 million) in 2010.

Installing companies projected considerably smaller revenue growth in 2010 (2 percent) than they realized in 2009 (19 percent).

Having suffered a multitude of setbacks, the residential security sector has been down but by no means is out. SSI's 2010 Residential Market Report featuring insight from Parks Associates tells how to heal and rebuild that business.

SSI’s sixth Commercial End-User Study shows the recession’s impact is continuing to escalate for security directors/managers. Nearly seven in 10 say tight budgets are a problem, and those who plan to soon increase security is on the wane. However, interest levels remain high for security systems and many newer technologies.

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