With the pandemic and supply chain issues both mostly in the rear-view mirror, security dealers and integrators are returning to “normal” and focusing the more typical challenges such as the economy, increasing sales, competing effectively and generating more RMR.
With the pandemic and supply chain issues both mostly in the rear-view mirror, security dealers and integrators are returning to “normal” and focusing on more typical challenges such as the economy, increasing sales, competing effectively and generating more RMR.
Everyone hoped things would be “back to normal” by now. While security companies in 2021 continued to feel the impacts of the coronavirus, the 2022 SDM Industry Forecast shows both slow but steady improvement and optimism.
Results of SDM’s 2019 Industry Forecast Study show that security integrators grew their total annual revenue by an average of 15 percent last year; they expect that momentum to bring them face-to-face with prosperous opportunities in 2019, as long as the economy stays strong.
Security integrators expect their stellar 2018 performance to continue into 2019, according to results of SDM’s 2019 Industry Forecast Study, a report published annually by SDM since 1982. Last year saw double-digit growth in both total annual revenue and recurring monthly revenue (RMR) for integrators and dealers who participated in the study.
In addition to the debut of a new design, this issue of SDM features the 37th annual Industry Forecast Study of financial performance of the security industry.