Due to the need for increased protection of our country’s public facilities, technology upgrades to existing security systems, and the relatively good housing market -- security dealers and systems integrators managed to grow the security industry 9.7 percent last year (on adjusted 2001 industry revenue of $20.4 billion).
Dealers and integrators are ever tenacious – thriving on here-and-now opportunities such as legislative-mandated security and consumers’ thirst for the latest home technologies. They even added a trickle of new staff in 2002. Their tenacity and quick-footedness allowed the 14,000 or so electronic security businesses to tap into a $22.4 billion market for products and services in 2002. (Note that this figure may be adjusted at a later date due to anticipated restating of revenues by some firms.)