5 Reasons Why Security Professionals Should Be Thankful This Year
In this sneak peek of survey results from the latest SSI Installation Business Report, installing security contractors report positive business results that truly make this a time for Thanksgiving.
Inspired by the Thanksgiving holiday, check out this slideshow of images and statistics that illustrate why a good many installing security contractors are readied for a prosperous 2016.
To celebrate the unofficial holiday season kickoff that is Thanksgiving, we’ve compiled a slideshow of statistics plucked from SSI‘s 2015 Installation Business Report (IBR) that installing security contractors will surely give thanks. The entirety of the latest IBR will be published in the 2016 Gold Book, which will be shipped in tandem with the upcoming December issue. (You can view the 2015 Gold Book here.)
Before you begin the slideshow, consider that a good many security dealers and integrators can say for the first time since the end of the Great Recession they are on rock solid financial ground and primed for future growth. Dealers and integrators projected an overall revenue increase of 20% for 2015, with the average topping $10 million for the first time since 2011. In the residential space, intrusion is riding the coattails of a connected-home residential resurgence that has pushed the market to precisely half of the entire pie for installing contractors and monitoring providers (up 15 percentage points since 2013). Specifically on the commercial side, companies are doing a much better job of retaining clients. Attrition was sliced by a half percent, down to 5.7%.
Note: The IBR tabulations are based on responses from all levels of operators – small, independent dealers to large, national mass marketers.
Being the slideshow here.
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About the Author
Rodney Bosch, Senior Editor
Although Bosch’s name is quite familiar to those in the security industry, his previous experience has been in daily newspaper journalism. Prior to joining SECURITY SALES & INTEGRATION in 2006, he spent 15 years with the Los Angeles Times, where he performed a wide assortment of editorial responsibilities, including feature and metro department assignments as well as content producing for latimes.com. Bosch is a graduate of California State University, Fresno with a degree in Mass Communication & Journalism. In 2007, he successfully completed the National Burglar and Fire Alarm Association’s National Training School coursework to become a Certified Level I Alarm Technician.
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