Provided to Security Industry Association (SIA) members as a review of current market conditions, the July 2019 Security Market Index (SMI) shows that confidence in the security industry has skyrocketed in the summer months. While confidence in the state of the market had already seen a bump in May with a SMI of 63, up from the March SMI of 60, hopes are even higher with a July 2019 SMI of 71. Special focuses of the July 2019 SMI include:
- A continuously climbing SMI for security consultants
- Despite other sectors' increases, a dip in confidence for the video surveillance SMI
- Integrators increasing spending among decreases in overall confidence in business conditions
- Expected security spending increases in government and education
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