Security dealers and integrators are a resilient and for the most part optimistic group — a general outlook that has served them very well in recent unprecedented times that saw a worldwide pandemic and major supply chain shortages. Now as they look toward what most economists are predicting to be a recession year, those skills they have fine-tuned to survive the upheaval that was 2021 and 2022 will help them survive — and possibly even thrive — when facing the next challenge.

The 2023 SDM Industry Forecast Study (a report published every year since 1982) finds a group of security dealers and integrators not quite as bullish in their expectations for 2023 as they were in 2022, but still with a majority optimistic for an increase in revenues. This year’s report has 59 percent of respondents expecting an increase, with 35 percent predicting revenues will stay the same. Just 6 percent are predicting a decrease.