SILVER SPRING, Md. — 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.
When asked to rate current business conditions for their companies, 22% described current conditions as “excellent” and 54% said they were “good.”
“The SIA government relations department is closely tracking the tariffs issue and advocating for policies that support continued growth in the security industry,” says SIA board of directors chairman Scott Dunn, senior director of business development at Axis Communications. “There are always challenges for businesses to overcome, but we at SIA, like the majority of survey respondents, are looking forward to a prosperous 2025.”
Inside the SIA March/April 2025 Security Market Index
The Security Market Index 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 Security Market Index include:
- The impact of tariff considerations on short-term growth expectations in the security industry
- Security industry execs’ perspectives on tariffs
