Security integrators expect their brilliant business performance of 2019 to continue into 2020, according to results of SDM’s Industry Forecast Study, a report published each year since 1982. The results of the study — illustrated in the graphs on the following pages and on SDM’s website at www.SDMmag.com/annual-security-industry-forecast — show that there was double-digit growth in both total annual revenue and recurring monthly revenue (RMR) for integrators and dealers who participated in the study. Their total annual revenue increased by an average of 16 percent, while RMR grew by 28 percent, on average, during 2019.

And the start of this decade should be comparably successful for security companies. Two-thirds of integrators anticipate their total annual revenues will increase in 2020 and — among those who foresee expansion — the expected increase is 19 percent, on average.