Results of SDM’s Industry Forecast Study, coupled with an outlook from leading dealers and integrators, offers positive assurance for the security industry’s 2015 performance: 13.9 percent growth. It will be driven by a higher level of services being offered to consumers and businesses.
Winning a security project today is a bit like playing a game of chess. With every potential job, you face a wide variety of opponents (competitors) who have an even wider variety of moves (security offerings/competitive advantages), all aimed at putting your king into checkmate; in effect, freezing you out of the job.
Flat is a four-letter word when it comes to the economic performance of the security installation channel in 2011. Despite predictions last year for a meager, yet optimistic 1 percent uptick in 2011, expectations did not materialize and total industry revenue neither grew nor fell — keeping at $43.9 billion. Perhaps because of this, integrators and security dealers are now ultra cautious, offering flat projections for 2012.
Industry Grew 9 Percent in 2006; Can 2007 Repeat?Total industry revenue from the sale, lease, installation, service, and monitoring of security systemsTotal industry revenue ($ billions)Total annual industry revenue collected
For those involved with fire protection systems and equipment, special hazards, chemical and hazardous material storage and handling, building fire protection, life safety, electrical installations, or security products, systems and
Multiple forces for change are at work, but in a historically slow-moving market, what will break through first? In this access control-themed issue, check out the many articles that can help you keep tabs on trends in access control technology and business models. Check out more in 2017 April's Issue.