Security Market Index: March/April 2025 Edition

SIA Security Market Index March/April 2025 cover

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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.

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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
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