Integrator Outlook Even More Positive For 2024

Published Dec 19, 2023 15:30 PM

Integrators' overall outlook is positive for 2024 despite continued concerns about the economy, geopolitical landscape, and other volatile issues.

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In this report, IPVM examines responses from 140+ integrators, analyzing the key themes, concerns, and comments.

For previous years results, see:

Key ******

  • **** */* *********** ********: **% ** integrators **** * ******** ******* *** next ****, (* ********** ***** ********), with **** ****** * ******* ******** and ******** ****** ***** **** ****.
  • **** ******** *** *******: ******** ** 2023, **% ** *********** *** * mixed ** ******* *******, ******** ** 24% **** ****. ************, ******** ******** were **** ********** **** *% **** year ** *% **** ****.
  • **** *********** ******** * ******* ******** / ****** ******** ***** **** ****, though **** ********* **** *** ****** trouble ******* *********** ****.
  • ***** *** * *********** ******** ** positive ********* ********** *****, **, *** Analytics ******** ** **** *** ******* last ****.
  • **** *********** ***** ******* **** / increase ** ***** ** * *** driver / ******** ****** *** ******** security.
  • *********** **** ****** ******** ********* *** supply *****, *** **** ******** ******.
  • **** *********** ****** ********* **** *** economy, * *** ***** **** ******** years.
  • ***** *********** ********* ******** ***** *** election ****, ************ *********, *** ***** events, ***** **** *** * ******** impact.

2024 *******

***** ***********' ******** **** ************** ******** for ****, **** *********** *** ****** their ******** ******* **** ***** ******** in ***** *********. ***** *** **** year's ******* ******** ** **** ****:

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***** ** **** ****'* ******* ******** to *** ***** ***** *****:

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Healthy ******** / ********, ******** ******, ******

*** **** ****** ******** ****** ***** by *********** ***** **** **** *** a ******* ********, ********, ******** ******, or ******:

  • "******* **** * ************ ****** ** projects ****** *** **** ** **** started ** *** ******** ******* **** 2025. *** **** *****’* ******* ***** that **** ** ******* ** *** beginning ** ****."
  • "** **** * **** ******** ** work ******* ********* *** *** ****** are ***** ********."
  • "** **** * ***** ******** ** enterprise **** ********."
  • "** ** *** ******** *** ******** and ******* *** ****** ****."
  • "* *** ** ******* ************* ** the ********."
  • "**** ***********, **** ****."
  • "** **** ***** ************* **** *** looking **** *** **** **** * few ******** ********. ** **** ** the ***** *****'* **** *****, * think **'* ***** ** ** * good ****!"
  • "** **** * *** ** ** coming ****** ****."
  • "* **** * ****** ******* ***** into ****."
  • "******** **** *** **** ** ** letting **."
  • "* **** * *** *** ******** in *** ***** **** ********* **** be * **** ****** ***** *** my *******."
  • "*** ****** ** ****** **** **** before **** **** ******** *******."
  • "******* ******** ****** ** ****** * factor, *** ** **** *** **** much ******** ** ******* ********, ********** with ********. ***** ************ *** ****** control ** ********** *** ** **** demand."
  • "**** ****** *** ****** ******** ******* lined **. ***** ** ********* *** company ********** ****** ** ****** ******."
  • "******** *** ******* *** ** ********** concern *** ******** *** ********* ** our ****. ******* **** *** ******* increasing ****** ********."
  • "******** ***** **** ** **** ****** down ** *** ****, *** ** have * *** ** ***********, ********** and ********* ********* **** ** ****** a *** ** **** *** **."
  • "** **** ****** ****** ******* ****** of **** *** * *** ** proposals ***. * ***** ** **** shift ** ******* ****, *** **'** be ****."
  • "** *** ******* ****** ********* ********** camera ******* ********* *** ***** **** budgets."
  • "***** ******** **** ** **** ** be ********* ** **** - ***** span *** ***** ** **** ****** and ******** *************."
  • "** *** ***** ******* ******* *** backlog ** ***** ** ****."
  • "*** ********* ******* ****** *** **** year."
  • "** *** ************ ******* ** *** clients, *** *** ******** ******* **** a **** ****** ** *** *** us."
  • "******* ******** **** *********, ******** ** our **** ** ********."
  • "** **** **** **** ************* ** our ********* *********."
  • "** **** ***** * *** ************* already ** *** ***** *** ****."
  • "****** **** *** * ****** ********, the **** ****** ** ****."
  • "********* **** ******** ** ** ***** that **** **** ** ****."

Business ******

***** **** ***** *** ******* ** workload, ******* *********** ******* *** ******** in *** ******** ** ********* ****** and **** ******** ** ******** *****:

  • "*** ******** ****** ** *** ***** and *** ********* ****** **** *** existing *********."
  • "** **** **** ****** ****** ** the **** ******, **********, *** ****** IT/ITES ********. **, *********** *** **** at ***** ** ** *** *% to *% ** *** ********, ** will ** **** ** ******."
  • "** *** ********** ** **** *** add *******. ** *** ******* ** respond ** ******* ***** **** *** competition *** **** ***** ** **** opportunities ** **** **** **********."
  • "****** * ****** *****, **** ******** attrition, **** ******** ********."
  • "******* ******** **** **** ******** ** expand."

Economy, ************, *** ***** ***** ********

***** ***********' ******** **** ************** ******** for ****, ***** *** * *********** increase ** ******* ********* ******** ***********, geopolitical *********, *** ***** ****** ******** to **** ****:

  • "**'* ** ******** ****, ******* **** in *** ****** ****, ******** ****** threats ** *** ** *** * volatile ****** ***** ** **** ****** with *** **** ** ***** ** go."
  • "*** ******* **** ** *********** ** watch *** *** **** ******* ** businesses *** *******."
  • "*** ******* ******** ****** ** *** economy ** * *****. *****'* *** much ** *** ** ************ ***** that. **** *** *** **** (**** landing) *** ******* *** *** ***** (recession) ** ******** **** *** ********** cash ********."
  • "*********, ******* ** ******* *******- **** business."
  • "**** ******** ***** *** ******* ****** to **** ** ******."
  • "*** ******* **** **** * **** in *** **** ** **** ******** move ******* ** *** *** ****."
  • "******** ******** ** ********* *** **** that ***** *** ******** ******* *** the **** ** ********. ****, *** of ****** ***** ********* *** ********** reduction ** ****** ******** ******** *******."
  • "*** ********* ****** *** ********* **** the *** ** ******. * ****** houses ** ******* ** ******** ***** use ** ********** ********. * ***** there **** **** ** ******* ******** on ****** ********* ******* *** ********** weapons **** ******* ****** ******* *** other *************."
  • "********** **** ** *********, ****** ******** in ***** *** ********** *********."
  • "*** ********** *** ********* ********** ** only ******* *****. ***** ***** *** skyrocketing ** *** ****** (******** **) and *** ******* ********* *** ******* to *****-**** ****** ***** **** *** see * ********** **** ** **** ownership."
  • "***** *** ***** ** ******* ** self ****, *** ***** *** **** security ** ****** ****."
  • "******** ** ********* ***********"
  • "******* ******* *** ****** **** ****"
  • "***** **** ***** ****** **** **** spending *** *****."
  • "****** ******** **** ********* *** ** economic ********."
  • "*** ** *** ******* (*******)."
  • "********* ***** ****** ******** ********* *** scaring *** ********* **** ******** *****, but ******* *** **** **** ***** the ******** **** ** **** *** business. **** ********* **** ****** ******** which **** ****** ** *******."
  • "******* ** ***** ***** *** ****** to ******** ** **** **** ******** rates ** ************* ******** ** *****"
  • "********- *********, ******** *****, ****** *****, global *********, ****** *****"
  • "********* ******** *** ** ***** ******."
  • "**** ******** **** *** ***********/******** *****."
  • "********** ******* *** ****** ****** ***** issues."
  • "*** **** ***** ****** ****** *** the **** ** *********."
  • "*** ******* ***** ** * ******** factor. *** ** *** *** *** impacted ** *************."
  • "******* ********* **** ******** ** ** inflation. ****** **** **** **** ******* available *** **** ****** ** ******** equipment, *** ***** **** ** * challenge."
  • "******** *************."
  • "*** ******* ***** **** * ***** recession ** ** *** *******."
  • "******* & *********."
  • "********* *** *** ****** ** **********."
  • "*********."
  • "******** *****."
  • "*********, **** *** ******"
  • "*******!"
  • "*******."
  • "*********."

******* **** ******* ********, **** *********** mentioned ******* ******** ******** **** *** concerns, ********* ********* ********, ******** ***** a ********, *** ****:

  • "******* ***** ****** ********** ******* *** bullish. ***** * **** ** ** It ****** ** ***** *******."
  • "**** *** ***** ********* ********* ** is **** **** * **** *** see ********. **** ***** **** ** do ****. * ********* ** * two ***** ***** ** ***** **** tight *** **** ***** ** *****, such ** ******, **** ** ********."
  • "******* ******** ** *** ****** ***** to ** *********."
  • "**** **** *** ******* ********** ******** is ***** * ******** *** **** in **** *** ***** ** **** in."
  • "***** *** ******* *** ******** ** fluctuate, ** ***** *** * ****** market *** ******** *** ********, ** well ** *******."
  • "******** **** ******* ** **** *** security *****."
  • "****** ** ********** ***. *******, **** a ****** ** ********** **** ********, all ***** ****, ****** **** **** up."
  • "**** ***** *** ****, ******** ** great, **** ***** *** *** **’* even ******."
  • "******** ******** **** **** ***** ***** is ** **** ***** ******** ****** the *****."

Hiring / ****** ********* ******

***** **** *********** ***** * ******* backlog, ******* *********** ******* **** **** issues ****** ** ********* ******* ******:

  • "*** ******** ****** ***** ** ******* people ** ******* *** ** **** product **’** ****. * ******* ******* is ******* *********** ****."
  • "**** ** ***** ******** ** *** area, *** *** ****** *********** ** do **** ***."
  • "******** *********** *** ** ******* ******** in *** ** *** **** **** additional ********** ******* *** ******* ****** to ******* *** ********** *** **** end *******."
  • " ******* ********* ********."
  • "******** ** ********** **** ** **** access *****."
  • "******** ** *** **** ** ************ professionals."

Fear / ***** / ******** ********

**** *********** ***** ** ******** ** fear / ***** ** * ****** for ***** ******** ******* (** ***** businesses) ***** **** ****:

  • "*** ******* **** *** ********* ** business ********** ** *****. *** ******** part ** ********* ***** ** ********** affecting *** ********."
  • "******* **** *****(*****)- **** ********."
  • "***** *** ********* *** ******* ***** which ********* ****** *** *** ******** and ********."
  • "******* **** ******* *** ** ********* being **** ******* ***** ***** *** vandalism."
  • "*** ***** ** ******* **** ******* and **** **** ******* ******** ****** layoffs ******, ********* **** ******* ** security ****** ***** ********** ***** ********."
  • "*** ****** ** ***** ** **** steady. *****, *** ******** ** ***** will ******** ** ***** **** *** sales *** ********/***-** ***** ** ** has **** ****."
  • "*** ******* *****’* **** ****** ***** will ************* **** ***** ***** *** our ******** **** ****** ****."
  • "******** ******** ** ******** ********** **** lead ** ********** ********* ********."
  • "****** ***** = **** **** *** security."
  • "********- *****, **** ** *** ***********, illegal ***********."
  • "** ***** **** ***** ** * need *** ****** ******** ** *** US."
  • "****** *** ******* *** *********** *** they *** **** **** ************ ******* and ******."

Rise ** *****, **, *********, *** ****** *******

***** ***** *** **** *** ******* of ***** ** **** ****'* *******, many *********** ********* *****, **, *********, or ****** ******* ** * ******** factor ***** **** ****:

  • "** *** ******** ****, ****** *** video ********* ** ******* *** ********* see **** ** * *** ** reduce *****."
  • "********* ******** *** ********* ** ***** and ****** ****** *******. *** ******** demand **** ******** ** ****** **** highly ********* *** ********* ********* **** don’t **** ** * *******."
  • "*** ***** ** **** *** **** accessible *** *** ********** ** ****** to *******."
  • "**** *** ***** ****** ******** ** AI *** ***** ***** ********* ** are ******* **** * *** ******* lines ** *** *** *** **** allign ******** *** **** **** ******** shift."
  • "***** ****** ***********."
  • "******** - ****** **** ********* ** the ***** *** *********."
  • "**** ** ****** ******* ** *** coming ****(*). ***** *** *********** *** distributors ********** ***** ************ * ******* or ******* ** ***** ************ *****"
  • "******* ****** *** *** ********** ************ in *** ********** ********* ******** ** Artificial ************ (**)"
  • "*** ****** ** ******* ********* *** in **** *** ** **** **** competition **** *** *** **********. ******** we *** **** **** *** *** end, ***** ********. ******** ***** **** secure *********."
  • "******* ****** *** ****** ******* *** video."
  • "** *** ******* ******* ** ****** mobile *********** **** ******** ** **** as ******** ** ** ** *** surveillance ******."
  • "** *** * *** ** **** and **** **** ** ** **** assist **** *** ******** **********."
  • "* ***** ***** **** ** **** and **** ****** ******* ************* **** coming ****."

Supply ***** ******* ********

***** ****** ***** ****** **** ******** many ********* **** *** **** ***** years, ***** *** * *********** ******** in ***********' ******* ** *** ****** chain ***** **** ****:

  • "****** ***** ****** **** ** ** resolved."
  • "****** ********* *** ****** **** * thing ** *** ****."
  • "* ***** **** ********* **** *** have ** **** ******* *********. *****'* seemed ** **** ** **** ****** at *** *** ** *** **** as * *** *** ********* ** parts. * **** **** * *** of ******* **** ******* ** **** and **** ***** ** *********** ********* on *** *** **** ** **** company ****."

Security ******

******* *********** ***** ******** ****** ** reasons *** ***** ******** *******:

  • "***** *** * *** ** ******** Grants ***** ********* ** ** ****."
  • "***** ** ******* *** **** *** grant ***** ** **** **** ** Ohio"
  • "****** ***** *** ******** ********."

Partnerships / *************

******, ******* *********** ********* *** ******** / ************* ****'** ***** ***** ********** to ***** ******** ******* ***** **** 2024:

  • "***** ******* **** ***** **** *****, 2022 *** * **** ****** **** that ******* ** ** **** **** staff, *** **** *** **** **** positive. ******* *** ******** ************ ******* for *********** *************, ***** ** **** for **, *** **'** ****** ************ with ***** ******* ********** ** *** us ** *** **** ** **** places."
  • "** * ******* ** ****, ***** S2 *** ******** **** *** *** a ******** ****** ** *** ******** due ** *** ******* *** ********** of *** ******, ** ******* ** freely ********* ******* **** ** ******, Hikvision *** *****."
  • "***** ************ **** ********* *** *******."
  • "*** ***** *** ******** ******** ** we ****** ******** ************* **** *** distributors, *** ** ** **** **** new, ******* *********, ****** *** ******* up!"
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