SILVER SPRING, Md. — The security industry is starting off the year strong, with more than four out of five participants in the January-February 2025 Security Industry Association (SIA) Security Market Index (SMI) survey reporting positive sentiments.
When asked to rate current business conditions for their companies, more than 27% of security leaders polled said “excellent” and nearly 54% said “good.
“We are excited, though not surprised, to see the continued upswing in industry sentiment. This bodes very well for a successful ISC West and a strong 2025,” says Scott Dunn, SIA board of directors chairman and senior director of business development, at Axis Communications.
Inside the January/February 2025 Security Market Index
The SMI measures security industry executives’ current status and future expectations through a select survey of SIA members. The Index’s goal is to provide a macro-view of confidence levels in the security industry every two months while closely examining six specific business measures:
- Number of employees or hours worked
- Marketing spending
- Product production or service output
- Capital equipment spending
- R&D spending
- Product or service sales
Special focuses of SIA’s January-February 2025 SMI include:
- A strong growth forecast for the next three months
- Insights on the impact of rising inflation and slowed job creation
- Perspectives on how new tariffs on imports to the U.S. from Mexico and Canada will affect the security industry
