②Industrial concentration is increasing
OOSSXX observes that the security video surveillance industry is undergoing a trend of restructuring, mergers and cooperation. The integration of technology, brand and capital has become a trend, cooperation between enterprises has expanded from products, channels etc. to the level of capital and brand, the concentration of the industry has rapidly improved, and the market share is further concentrated in the hands of major manufacturers.
3) Technological innovation will be the core competitive edge of companies.
OOSSXX believes that the diversification and customized requirements of customers in different industries are the driving force for companies to enrich their product lines and focus on technological innovation. The trend of HD, networking, and smart in the security industry is obvious, and smart will be the focus with the evolution of IoT technology. OOSSXX's AI security camera has a new smart AI human body detection function, which can detect and record only human bodies smartly. It hardly reacts to swaying branches, curtains, insect movements, etc., and avoids 99% of false alarms. OOSSXX's security cameras can be monitored remotely with multiple cameras. After connecting the recorder and router with an LAN cable and installing the app, you can monitor, watch, and talk with your family on various devices such as tablets, smartphones, and computers outside. In the future, technological innovation will become the central element of corporate competition, and the influence of security companies that control core technologies in the industrial chain will be further strengthened.
4. Trends in international competition
OOSSXX observes that international competition has become an important trend in the security video surveillance industry, and enterprises need to better adapt to the requirements of the international market, strengthen international cooperation and competition, improve their international business capabilities, and ensure their competitive advantages in the global market.
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