One-third of owners of a security dealer firm have considered selling their business, while 42 percent have no succession plan, according to Parks Associates’ 10th annual Security Dealer Perspectives: Views from the Front Line survey. The survey, conducted at the end of 2022, presents and analyzes the results of a nationwide survey of installers/dealers who install security systems, including both owners and those employed by security firms.
The research quantifies the dealers’ view of the security market, with data compared across multiple surveys, and analyzes competitive pressures, industry conditions, and new trends, including the addition of smart home and interactive technologies.