Trends & Industry Issues

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At the recent Barnes Buchanan Conference, held February 9-10 in Palm Beach, Fla., financial lenders, investors, security dealers and monitoring companies came together to discuss the state of the industry from a financial perspective. 

According to Future Market Insights, the global concealed weapon detection systems market is anticipated to expand at $1.2 billion by 2031.

Despite continuing battles with the supply chain, spiking inflation and other obstacles, the video sector remains on a robust, upward trajectory. 

The U.S. is projected to remain the most dominant smart home market with an absolute dollar growth opportunity of $9.8 billion through 2032, according to Future Market Insights. 

Hikvision and Dahua have been roiled in controversy for several years as part of the United States government’s ongoing efforts to protect national security by ensuring potentially compromised technology.

Data from the 2022 Year-End Middle Market Indicator report reveals that middle market companies continue to report strong year-over-year revenue growth.

Ever since the arrival of the coronavirus pandemic, small business owners — among them, a good many security dealers and integrators — have contended with ever-changing rules and procedures, cash flow shortages and an economy mired in uncertainty.

For security dealers, partnering with a wholesale central station means they do not have to operate their business in isolation. 

SIAC’s efforts in building relationships with law enforcement agencies nationwide has included conducting more than 1,000 seminars. 

Wholesale monitoring executives discuss trends, technologies and services that dominant today’s monitoring ecosystem and where independent security dealers can find success.