CE Pro January 2022 - 33

Nearly four
out of every
10 companies
(39%) are homebased,
while 11%
of all integration
companies are
one-person
shops.
high percentage of dealers.
Nearly four out of every
10 companies (39%) are
home-based, meaning they
either work from their home
with no showroom, or they
actually use their home to
showcase technology to
potential clients.
About one out of every
three integrators (28%) has
a commercial offi ce location
with no showroom, and a
similar percentage (33%)
have a commercial offi ce location
with a showroom that
is either appointment-only
or has a retail element.
Owning a custom installation
operation remains a
small lifestyle business for
many; however, the industry
is maturing. Still, 11% of all
companies are one-person
shops, with another 19% of
companies having between
two and four employees. Last
year, the CE Pro State of the
Industry Survey indicated
a big jump in employment,
with the median number
of employees leaping from
eight to 13. At the time, we
suspected it was an outlier
statistic; however, this year's
study confi rms it was not.
The median number of employees
per company once
again is 13.
Meanwhile, larger companies
are becoming much
more common, with 28%
of all companies having
more than 30 employees.
One reason for the growth
trend could be an infl ux of
larger commercial-based
AV integration companies
entering the residential
market due to the softness
in the commercial market
from the pandemic.
The relatively small size
of a typical custom installation
company might also be
why only just over one out
of every three companies
(38%) took advantage of the
special government Paycheck
Protection Program
(PPP) loans available from
the Small Business AdminNUTHAWUT/STOCK.ADOBE.COM
2021
Average Residential Project Price
Less than $1K 10%
$1K to
$5K 22%
$5K to $10K
17%
$10K to $20K
20%
$20K to $30K 10%
$30K to $50K 5%
$50K to $100K 6%
$100,000+ 10%
Based on 37 completed resi projects in 2021, the median price
point was $29,184, substantially higher than last year. The
percentage of six-fi gure projects nearly doubled in 2021.
2021 Average Commercial Project Price
Less than $1K 14%
$1K to
$5K 19%
$5K to $10K 8%
$10K to $20K
24%
$20K to $30K 10%
$30K to $50K 11%
$50K to $100K 8%
$100,000+ 6%
In 2021, the median commercial project price point was
$30,073 on a median of 10 commercial projects.
cepro.com January 2022 CE Pro | 33

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CE Pro January 2022

Table of Contents for the Digital Edition of CE Pro January 2022

CE Pro January 2022 - Intro
CE Pro January 2022 - Cover1
CE Pro January 2022 - Cover2
CE Pro January 2022 - 1
CE Pro January 2022 - 2
CE Pro January 2022 - 3
CE Pro January 2022 - 4
CE Pro January 2022 - 5
CE Pro January 2022 - 6
CE Pro January 2022 - 7
CE Pro January 2022 - 8
CE Pro January 2022 - 9
CE Pro January 2022 - 10
CE Pro January 2022 - 11
CE Pro January 2022 - 12
CE Pro January 2022 - 13
CE Pro January 2022 - 14
CE Pro January 2022 - 15
CE Pro January 2022 - 16
CE Pro January 2022 - 17
CE Pro January 2022 - 18
CE Pro January 2022 - 19
CE Pro January 2022 - 20
CE Pro January 2022 - 21
CE Pro January 2022 - 22
CE Pro January 2022 - 23
CE Pro January 2022 - 24
CE Pro January 2022 - 25
CE Pro January 2022 - 26
CE Pro January 2022 - 27
CE Pro January 2022 - 28
CE Pro January 2022 - 29
CE Pro January 2022 - 30
CE Pro January 2022 - 31
CE Pro January 2022 - 32
CE Pro January 2022 - 33
CE Pro January 2022 - 34
CE Pro January 2022 - 35
CE Pro January 2022 - 36
CE Pro January 2022 - 37
CE Pro January 2022 - 38
CE Pro January 2022 - 39
CE Pro January 2022 - 40
CE Pro January 2022 - 41
CE Pro January 2022 - 42
CE Pro January 2022 - 43
CE Pro January 2022 - 44
CE Pro January 2022 - 45
CE Pro January 2022 - 46
CE Pro January 2022 - 47
CE Pro January 2022 - 48
CE Pro January 2022 - 49
CE Pro January 2022 - 50
CE Pro January 2022 - 51
CE Pro January 2022 - 52
CE Pro January 2022 - 53
CE Pro January 2022 - 54
CE Pro January 2022 - 55
CE Pro January 2022 - 56
CE Pro January 2022 - 57
CE Pro January 2022 - 58
CE Pro January 2022 - 59
CE Pro January 2022 - 60
CE Pro January 2022 - 61
CE Pro January 2022 - 62
CE Pro January 2022 - 63
CE Pro January 2022 - 64
CE Pro January 2022 - Cover3
CE Pro January 2022 - Cover4
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https://www.nxtbook.com/emerald/cepro/december_2021
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