Everyone hoped things would be “back to normal” by now. While security companies in 2021 continued to feel the impacts of the coronavirus, the 2022 SDM Industry Forecast shows both slow but steady improvement and optimism.

According to the new study by the Freedonia Group, ‘Global Security Services,’ global alarm monitoring service revenues are forecast to rise 3.8 percent per year to $63.1 billion in 2024. 

Security integrators expect their brilliant business performance of 2019 to continue into 2020, according to results of SDM’s Industry Forecast Study, a report published each year since 1982.