Security Market Index: March/April 2025 Edition

Industry Confidence Remains High
Confidence in the security industry remains solid this spring, according to the March/April 2025 Security Industry Association (SIA) Security Market Index (SMI) survey, though there are concerns about the impact of the new administration’s trade policies.

SIA thanks Wesco for supporting the Security Market Index.
When asked to rate current business conditions for their companies, 22% described current conditions as “excellent” and 54% said they were “good.”
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 2025 SMI include:
- The impact of tariff considerations on short-term growth expectations in the security industry
- Security industry execs’ perspectives on tariffs