Nearly 80% of SIA Survey Respondents Cite Positive Conditions, Strong ISC West

Coming off a successful ISC West 2023, the Security Industry Association’s May/June Security Market Index found 77% of respondents have a positive view of the industry’s current condition.

SILVER SPRING, Md. – More than three-fourths of respondents in the latest Security Industry Association (SIA) Security Market Index survey offered a positive take on current business conditions.

The May-June Security Market Index found that 77% of the survey pool – which comprises industry leaders who represent a cross section of SIA membership – describe conditions at their company as “excellent” or “good,” with 34% reporting the highest rating.

A similar number – 78% – said they expect conditions to improve during the next three months, with 22% saying they will get “much better” and 56% predicting conditions would get “a little better.”

When asked about the 2023 ISC West trade show – which took place March 28-31 in Las Vegas, Nevada, respondents who attended had very good things to say, with more than one out of four describing the show as “one of the best – if not the best – ever” and more than half calling it an “excellent show.” Less than 2% of respondents had a negative view of the event. SIA is the premier sponsor of ISC West and ISC East.

The full report on the Security Market Index, which is supported by Wesco, is available on the SIA website.

About the Security Industry Association

SIA is the leading trade association for global security solution providers, with over 1,300 innovative member companies representing thousands of security leaders and experts who shape the future of the security industry. SIA protects and advances its members’ interests by advocating pro-industry policies and legislation at the federal and state levels, creating open industry standards that enable integration, advancing industry professionalism through education and training, opening global market opportunities, and collaborating with other like-minded organizations. As the premier sponsor of ISC Events expos and conferences, SIA ensures its members have access to top-level buyers and influencers, as well as unparalleled learning and network opportunities. SIA also enhances the position of its members in the security marketplace through SIA GovSummit, which brings together private industry with government decision makers, and Securing New Ground, the security industry’s top executive conference for peer-to-peer networking.