The Electronic Security Association (ESA) presented a virtual town hall recently during which Michael Barnes presented an alarm industry update that, for the most part, signaled a rising tide, post pandemic.

Barnes, a founding partner of Barnes Associates and the annual Barnes-Buchanan Conference, said at the outset the industry first emerged from COVID-19 chaos growing at roughly a 5 percent compounded rate and now is trending upward from there. Contrast that with the approximately 6 to 7 percent rate the industry was experiencing prior to the coronavirus hitting these shores.