With the ability to offer low prices without compromising on technical specs, Chinese manufacturers of consumer video surveillance devices will outpace their US peers if market share boils down to a simple price war. US manufacturers of consumer video surveillance equipment risk losing market share to their Chinese counterparts, which have able to compete on price without compromising on technical features. Chinese video surveillance equipment makers accounted for some 5 percent of US market revenue last year, but high demand and supply in the China market could prove a “ticking time bomb” for US players, said Jimmy Dearing, IHS Markit’s residential security analyst.
At the ASIS 2015 Expo in Anaheim, just as the show was about to wrap up after three days, video management software (VMS) leader Milestone made an announcement via a Milestone email blast that the long-standing agreement between OnSSI and Milestone for OnSSI to utilize the Milestone recording engine had elapsed and no further cooperation between the two companies would exist. And with OnSSI’s recent acquisition of SeeTec and OnSSI integrating the SeeTec recording engine, a 13-year partnership between OnSSI and Milestone (even with their basic competitive positions) has come to an end.