Security Market Index

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About the Security Market Index

Security Market Index (SMI) is a bimonthly publication created by the Security Industry Association (SIA) for SIA members that provides the latest market confidence numbers for the security industry.

SIA’s SMI report measures security industry executives’ current status and future expectations through a select survey of SIA members. The Index’s goal is to provide a macro-view of confidence levels in the security industry every two months while closely examining six specific business measures:

  • Number of employees or hours worked
  • Marketing spending
  • Product production or service output
  • Capital equipment spending
  • Research and development spending
  • Product or service sales

Read the Latest REPORT

July–August 2026: 86% of Security Professionals Report Positive Conditions

The vast majority of respondents to the July–August 2026 Security Industry Association (SIA) Security Market Index (SMI) survey described positive conditions for their company.

Nearly one-third of survey participants (32%) said that conditions are “excellent” and more than half (54%) said they are “good.” The total of 86% was up 6 points from the May–June survey.

The SMI measures security industry executives’ current status and future expectations through a select survey of SIA members. The Index’s goal is to provide a macro-view of confidence levels in the security industry every two months while closely examining six specific business measures:

  • Number of employees or hours worked
  • Marketing spending
  • Product production or service output
  • Capital equipment spending
  • R&D spending
  • Product or service sales

Special focuses of SIA’s July–August 2026 SMI include:

  • Security leaders’ perspectives on the growth forecast for the industry
  • Insights on the Federal Reserve landscape as inflation remains elevated
  • SIA members’ emphasis on market research as an essential tool for their business
  • And more!

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Past Editions

​Past editions of SIA’s SMI report are available here: