Security Market Index
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
January–February 2026: Confidence Swells in Security Industry
Confidence in the security industry is hitting new highs, according to the results of the January–February 2026 Security Industry Association (SIA) Security Market Index (SMI) survey.
When asked to rate current business conditions for their companies, 31% described them as “excellent,” while 53% said “good,” and 12% said “average.” The 84% positive sentiment was a four-point improvement over the results in November–December 2025.
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 January–February 2026 SMI include:
- Security leaders’ perspectives on a bright short-term industry outlook
- Expected conditions for companies in the next three months
- The economic landscape, including growth amid slowed hiring
- Security leaders’ top industry topics of interest including artificial intelligence and data centers
Past Editions
Past editions of SIA’s SMI report are available here:
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