2024 SDM Industry Forecast Study

$850.00

This report is designed to determine:

  • Factors impacting sales and/or presenting the biggest challenges
  • State of the industry for the security market and sales potential for various product segments
  • Share of companies selling traditional and mass-market residential security systems
  • The average price of traditional and mass-market residential security systems
  • The average price of non-residential installation projects
  • Revenue estimates for companies involved with security

Description

Report Background

The SDM Industry Forecast is featured in the January issue of SDM every year. Clear Seas Research has conducted this research to support editorial needs.

Study Objectives:

The purpose of the SDM Industry Forecast study is to identify product usage and market trends to provide a comparative view of the current market with the past and the future.

Key objectives of this study are to determine:

  • The factors that will have the largest impact on sales and present the biggest challenges in 2024
  • The current state of the industry and sales potential for various product segments of the security market
  • Share of companies that are selling traditional and mass-market residential security systems
  • The average price of traditional and mass-market residential security systems and the average price of non-residential installation projects
  • Past and current revenue estimates for companies involved with security

Methodology:

  • 125 online surveys were completed with active, qualified subscribers to SDM whose primary business is one of security installing dealer with or without company owned central station, system integrator, valued-added reseller/IT installing company, security service company that installs, engineered fire systems distributor that installs, or electrical contractor that installs security
  • Data collected October 25 – November 4, 2023

This report also was published in 2022, 2021, 2020, 2019 and 2018. If you have questions or wish to purchase past published reports, please contact us using our contact us form at: https://clearseasresearch.com/contact-us/