SILVER SPRING, Md.—The Security Industry Association (SIA) has released its May-June 2026 Security Market Index (SMI), a bimonthly market research report measuring security industry executives’ current status and future expectations through a select survey of SIA members.
In the latest report, 80% of respondents reported describing business conditions at their companies as either “excellent” (19%) or “good” (61%), an 8-point increase over the percentage of positive sentiments in the March-April survey.
“It’s always good to see such positive outlooks in the industry,” says SIA board of directors chairman Mike Mathes in the association announcement. “We are fortunate to be able to work that helps keep people safe and that improves quality of life throughout the country and around the world.”
What Does the Security Market Index Measure?
The Security Market Index, which has been regularly published by SIA for nearly 30 years, is calculated using “a proprietary formula based on three-month projections related to five key business components: capital equipment spending, number of employees or hours worked, marketing spending, product/service sales and research and development,” the announcement says.
“For nearly three decades, the Security Market Index has been the definitive bellwether of market confidence in our industry, bringing in feedback from manufacturers as well as a strong response from systems integrators and security installing companies,” says SIA CEO Don Erickson in the association announcement.
“This report always features candid takes from security integrators on their business performance and outlook, which is especially important because they’re often the first to feel market changes,” he says.
Special focuses of SIA’s May-June 2026 SMI include security leaders’ perspectives on the growth forecast for the industry, insights on rising inflation and a solid labor market, the impact of rising prices on security businesses and more.