CEDAR RAPIDS, IA, June 23, 2015 – NSCA’s Electronic Systems Outlook has been recently updated for Summer 2015, and now includes information based upon actual data from Q1 and Q2 of 2015, as well as forecasted information for the remainder of the year.
Free for many NSCA members, and available for purchase starting at $199 to others, this updated report provides the newest, most relevant indicators of new business opportunities for integrators. By tracking new construction starts and renovations across multiple markets in the commercial buildings industry, you can easily see which verticals are poised to do well this year.
In its Summer 2015 edition, NSCA’s Electronic Systems Outlook provides an updated view of construction data by markets and electronic systems/technology. At this point in the year, the construction forecast looks as good as it did in 2008, with more than $1 trillion forecasted to be put in place across the United States in 2015.
NSCA and FMI, which partner to bring the integration industry this report, project growth for almost every market, with strong growth expected in residential improvements, corporate, and manufacturing.
The average CCI (consumer confidence index) is indicating a healthy overall increase, which correlates with gains expected in construction and electronic systems put in place. In fact, the United States is approaching levels consistent with the pre-financial crisis of 2007-08. Also helping to improve the construction and electronic systems outlook is unemployment reduction.
“Even though predictions are slightly down from year-end 2014, 2015 still looks to be a good year for the systems integration industry,” says NSCA Executive Director Chuck Wilson. “To get the most out of these reports, our Member Advisory Council is available to help integrators digest this data and turn it into strategic business opportunities.”
NSCA will also host a free one-hour webinar on July 21 for integrators to learn more about the data collected and how it can be used within their organizations. For example, integrators can use the Electronic Systems Outlook to benchmark sales numbers and prepare business valuations. Growth indicators can be used to determine incentive programs, reveal new markets that may have potential, and appropriately distribute resources. This forecast data can also be shared with financial advisors and lenders to prove the stability of systems integrators in the marketplace.
The NSCA Electronic Systems Outlook is free for NSCA Gold and Platinum members, and available for purchase at $199 for Bronze and Silver members. It can be purchased by non-members for $399. Non-members can become NSCA members for $595 and receive this report as part of their membership package, which offers access to discounted education and training opportunities, updates on regional and national government affairs issues, free monthly industry webinars, and other exclusive industry research.
For more information about the Summer 2015 Electronic Systems Outlook, to see a preview of the report, or to join NSCA, visitwww.nsca.org or call (800) 446-NSCA.