Despite economic climate, forecast for security OK

While growing, industry could still suffer from economic downturn

Companies might buy new security systems to help save money and reduce losses to theft.

And while it may sound crass, terrorist threats, crime waves and natural disasters should play well for this sector. After all, the market grows in relation to society's level of insecurity -- whether real or perceived.

** Risks: The current financial crisis will likely continue to hurt consumer confidence and stall economic growth.

Fewer new homes means fewer alarm systems purchases. Tightened business spending might cause many businesses to delay upgrades or new security measures.