No matter how you slice it, 2021 was sweet music to the ears for the members of the CE Pro 100. The annual list of the largest custom integration companies had “record”-breaking growth last year that would make Adele envious.
The median member of the CE Pro 100 had revenues of $6.56 million, up from $5.7 million in 2020. That’s a solid 13% increase driven by the continued demand for smart home technology, yet likely hampered by the continuing supply chain shipping crisis and microchip shortages that rendered equipment hard to get all year.
The CE Pro 100 list itself is now in its 23rd year and recognizes the leading companies in our industry based on total revenue. The list tracks not only the number of residential and commercial installations, but also the percentage of revenue derived from recurring monthly revenue (RMR), online equipment sales that are installed, and over-the-counter equipment sales that are installed.
We tend to see some movement in the list year to year, so be sure to download your copy today to see where your firm place. Take a look at the CE Pro 100 for your competitors and colleagues too!