The general outlook across the industry is highly optimistic as dealers and manufacturers ride the wave of integrated technologies and consumer interest to more and more growth.
Here’s the good news: Not a single person interviewed for this article said business was flat or declined in 2016, or expected it to do so in 2017. In fact, many reported double-digit growth and a continued strong business outlook, both residentially and commercially.
Security dealer Wayne Boggs, president of Richmond Alarm Company, Midlothian, Va., described 2016 as “quite a bit better than 2015. I wouldn’t be surprised if it was in the range of 20 percent growth.”