SIA Index Shows Resilience Amid Economic Uncertainty

The September-October report finds 83% of security industry respondents reporting positive business conditions, although the index declined slightly from its previous reading.
SIA’s September-October Security Market Index surveys industry executives on business expectations, including sales, hiring, capital spending and research and development.

SIA’s September-October Security Market Index surveys industry executives on business expectations, including sales, hiring, capital spending and research and development.

The Security Industry Association (SIA) has released its September-October 2026 Security Market Index (SMI), revealing continued optimism among security industry executives despite economic uncertainty and geopolitical challenges.

According to the latest report, 83% of survey respondents rated current business conditions as either excellent or good, marking the third consecutive survey in which at least 80% expressed positive sentiment.

The overall Security Market Index registered 53, down four points from the previous survey but remaining above the 50-point threshold that indicates industry growth. The latest reading also falls below the rolling 12-month average of 57.

Looking ahead, 72% of respondents anticipate improved business conditions over the next three months, reflecting continued confidence in the industry's near-term prospects.

Published every two months, SIA's Security Market Index measures industry confidence and business expectations among security industry executives. The report tracks anticipated activity across key business areas, including sales, employment, capital expenditures, marketing and research and development.

The September-October edition also examines broader economic conditions and industry perspectives on the upcoming November midterm elections.

Download the full September-October SIA Security Market Index report here.

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