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
September/October 2025 Edition: Positive Sentiments Prevail in Security Industry
Security leaders are feeling very good about business right now, according to the results of the September–October 2025 Security Industry Association (SIA) Security Market Index (SMI) survey.
With 34% of respondents rating conditions as “excellent” and 50% saying they are “good,” the total positive responses—84%—were the highest positive response to the question in 2025, improving upon the 81% result in the July–August 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 September–October 2025 SMI include:
- Security companies’ growth projections through the end of the year
- The Federal Reserve’s interest rate cuts amid slowing job growth
- Security leaders’ perspectives on the importance of artificial intelligence for their business
Past Editions
Past editions of SIA’s SMI report are available here:
Back to Top