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from the there-are-alternatives-to-fighting dept.
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:
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.
[...] Increased smartphone adoption had fuelled consumer demand for surveillance, Dearing said, adding that the mobile devices offered video surveillance makers a platform to develop their user interfaces and offer consumers access to their surveillance systems from anywhere. Demand also was driven by better wireless technology, mobile data coverage, and connection speeds, as well as cloud storage and analytics services.
The affordability of such equipment further drove demand, with camera prices dropping by 50 percent in the past three years, the analyst said. This, he noted, could pose challenges to some players in price-sensitive markets, where suppliers offering the lowest prices eventually would gain control.
[...] "Should these Chinese manufacturers intensify their export attempts, this could present the current US market incumbents with a real problem," he said. "US suppliers are unable to compete at these prices because most of them actually OEM their product from a Chinese manufacturer to begin with. If the battle for market share ever came down to simple price war the Chinese OEMs would win, without question."
(Score: 2) by edIII on Tuesday January 17 2017, @06:18PM
It's all compromised and they all suck so fucking bad right now. Meaning, that nearly every one of them presents a near suicidal proposition of letting it have Internet access when the executives demand access on their iTarded's.
Not too long ago (for the 2nd time) I dealt with a DVR that had a port forward for remote access, and was instantly pwned. Set different username and password, and still, within minutes, it was sending out attack traffic both inside and out. Who gives a fuck about cheap hardware when it's the cheap software that MAKES it very very expensive to have? I'm sure my little bill on top of the DVR purchase made it cost competitive :)
First people to come out with secure hardware (blob/binary free) and reasonably secure software are going to start eating the market up. It didn't use to be this bad, but it's getting bad enough.
Technically, lunchtime is at any moment. It's just a wave function.
(Score: 2) by bob_super on Tuesday January 17 2017, @06:46PM
> First people to come out with secure hardware (blob/binary free) and reasonably secure software are going to start eating the market up.
Two markets to address:
- Most people don't give a flying [bleep] and grab the cheap user-friendly stuff
- Geeks, and bigger companies are paranoid and spend the money required to protect against usual threats
(I don't count USMIL and USINT agencies, who are not buying OTS)
The first market doesn't care, the companies don't care about blobs from trusted companies.
The ROI for what you want is pretty low. Not going to find too much competition there.
Maybe when I make myself an FPGA-based firewall, I'll start selling it to you.
(Score: 2) by edIII on Tuesday January 17 2017, @08:16PM
Those *most* people are small to medium business owners and when an event happens that costs them literally 2000-10000% more than the unit itself... they start paying attention. They even start getting interested in suing the vendors.
Yes, they need to learn the hard way. Money speaks volumes, and when "corporate blobs/binaries" cause immense security issues then people want change.
Whether binary/blob or not, it needs to be made to MUCH better standards than they are. DVRs and other such devices are starting to become part and parcel of these huge DDOS attacks and need to be secured better.
Technically, lunchtime is at any moment. It's just a wave function.
(Score: 0) by Anonymous Coward on Tuesday January 17 2017, @09:28PM
The problem is that people, nerds included, don't have a way to judge security. You can't factor security into a purchasing decision when it isn't known.
The slick attractive product might seem more secure due to human bias. One could also assume that the more expensive product is more secure, but one could equally well assume that it is merely more expensive. Flip a coin, eh?
It's like the market for used cars actually, which got a Nobel prize. Lemons and cherries you know, with cherries driven from the market due to information asymmetry. The cost of making a secure product can not be justified in the absence of a way to prove that a device is secure. Without proof, any manufacturer can make the claim. Customers rightly don't trust such claims.
(Score: 3, Insightful) by LoRdTAW on Tuesday January 17 2017, @08:10PM
The problem is they know joe six pack doesn't have a clue about security. All they care about is the $260 8 channel 720p package helps keep the neighbor's junky son away from their shit.
(Score: 0) by Anonymous Coward on Thursday January 19 2017, @01:58AM
Ahahahahahah
Every component in these things is coming through a cheeseparing supplier.
Quality fade is built in.
https://en.wikipedia.org/wiki/Poorly_Made_in_China [wikipedia.org]