Security Market Index: May/June 2025 Edition

Despite Tariffs, Industry Outlook Remains Positive
Although the tariff issue continues to weigh upon the security industry, the outlook among security leaders remains generally positive, according to the May-June 2025 Security Industry Association (SIA) Security Market Index (SMI) survey.
When asked to rate current business conditions for their companies, 22% described current conditions as “excellent” and 51% 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 May-June 2025 SMI include:
- The impact on trade policy on short-term security industry projections
- Hiring steadiness amid a cooling economy
- How trade policy will impact the prices of security products