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
March–April 2026: Positive Sentiments Prevail, Despite Economic and Geopolitical Concerns
Nearly three in four respondents to the March–April 2026 Security Industry Association (SIA) Security Market Index (SMI) survey reported positive conditions at their companies.
Almost half (49%) of survey participants rated current conditions as “good,” while 23% said they are “excellent.” Another 19% said “average,” 7% said “fair” and 2% said “poor. In the January–February survey, 84% reported either “excellent” or “good” conditions.
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 March–April 2026 SMI include:
- Security leaders’ perspectives on the growth forecast for the industry
- The impact of the conflict in Iran on economic uncertainty
- Takeaways and insights on ISC West 2026
- And more!
Past Editions
Past editions of SIA’s SMI report are available here:
Back to Top