SDM 2018 Security Industry Forecast: Moving Into High Gear
Results of the 2018 SDM Security Industry Forecast Study show that total industry revenue rose 8.5 percent last year, boosted by a thriving economy and high consumer and business confidence.
Last year was good, but 2018 could be great, say security integrators and security dealers who participated in the 2018 SDM Industry Forecast Study and Panel, a report that SDM has published annually since 1982.
The economy is roaring. The Conference Board announced in late November that consumer confidence had reached a 17-year high. Business confidence also is elevated. Core business spending rose 3 percent to 4 percent in 2017 and the same or better is expected in 2018, declares Kiplinger’s November 22 economic forecast, “Business Investment Slowly Gains Strength.”