The Security Industry Association (SIA) has published its latest Security Market Index (SMI) for May-June 2026, offering insights into current industry conditions and projections. According to the report, which surveys SIA members, 80% of industry executives rated their company’s business conditions as either "excellent" (19%) or "good" (61%). This marks an 8-point rise in positive sentiment since the last survey conducted in March-April.
"It's always good to see such positive outlooks in the industry," stated SIA Board of Directors Chair Mike Mathes. "We are fortunate to be able to work that helps keep people safe and that improves quality of life throughout the country and around the world."
Security Installation Companies
For nearly three decades, the Security Market Index has served as a reliable indicator of market confidence within the security sector. It is calculated using a proprietary formula based on projections over the coming three months in five critical business areas: capital equipment spending, workforce size or hours worked, marketing expenses, sales of products or services, and research and development.
"For nearly three decades, the Security Market Index has been the definitive bellwether of market confidence in our industry, bringing in feedback from manufacturers as well as a strong response from systems integrators and security installing companies," said SIA CEO Don Erickson. "This report always features candid takes from security integrators on their business performance and outlook, which is especially important because they're often the first to feel market changes."
Key Insights from the Latest SMI
The May-June 2026 SMI report places special emphasis on security leaders' views regarding the industry's growth forecast.
It delves into the effects of rising inflation and a robust labor market, and examines how increasing costs are impacting security businesses. These insights are critical for understanding the evolving landscape of the security field.
