Previously, the Vietnamese surveillance camera market was dominated by smuggled products originating from China. These products were often cheaper than genuine products because they were not subject to taxes and reduced many related costs.
With price advantages compared to officially imported goods, portable surveillance cameras attract the attention of a segment of consumers who want to save costs.
However, recently, the Vietnamese surveillance camera market is witnessing a clear change as smuggled products, often referred to as "rolling down hills, carrying under the armpit" goods, have gradually disappeared.
Sharing with VietNamNet reporter, Mr. Nguyen Manh Ha, Director of the Northern branch of KBT company - a unit specializing in importing and distributing cameras, said that the market share of portable surveillance cameras in Vietnam has begun to decline in the past 3 years.
The main reason is that consumers are increasingly aware of the importance of security issues. Illegal surveillance camera products often do not have after-sales warranty, along with potential risks to information security. This has led to concerns among users.
Using unofficial surveillance cameras can lead to the risk of users being hacked, having their data stolen, or being illegally monitored.
In the context of increasingly complex cybersecurity issues, consumers tend to prioritize genuine products with clear origins and regular updates.
The important factor leading to the decline in the market share of smuggled surveillance cameras is that the price gap between hand-carried and genuine goods has gradually narrowed.
From a manufacturer's perspective, Mr. Vu Manh Gioi, representative of Dahua Vietnam, said that in order to reduce the situation of smuggled surveillance cameras of unknown origin, this unit has adjusted product prices to better suit the Vietnamese market.
When the price gap is no longer too large, consumers tend to choose to buy genuine products to enjoy after-sales services and better quality assurance.
Losing their competitive advantage, units importing surveillance cameras through unofficial channels have begun to gradually shift their business to genuine product lines.
In recent years, the number of unofficial surveillance cameras has been decreasing. Unofficial products have also been gradually eliminated and now only account for a very small proportion of the surveillance camera market.
According to Mr. Nguyen Manh Ha, market reality shows that the number of agents actively importing portable cameras has almost disappeared at present. If there are any, they are only small cases with insignificant quantities.
Dealers are also beginning to realize that selling genuine products helps them minimize legal risks that may arise in the future.
Besides changes from both manufacturers and consumers, efforts from state management agencies also play an important role in eliminating unofficial surveillance camera products.
In the context of the rapidly growing surveillance camera market, to minimize the risk of insecurity, the Ministry of Information and Communications has issued a set of criteria on basic network information security requirements for surveillance cameras.
These are basic network information security technical recommendations and requirements, applicable to Vietnamese and foreign organizations and individuals involved in research, development, production, evaluation, selection and use of camera equipment.
In this set of criteria, there are some notable provisions such as, data from cameras and associated services must have features that allow setting up, configuring data processing, storage and exploitation locations in Vietnam...
These requirements not only help improve product quality on the market but also create a technical barrier to smuggled products that do not meet the standards.
Looking to the future, Mr. Vu Manh Gioi commented that the Vietnamese surveillance camera market is growing strongly in both quantity and value.
Nowadays, users not only install cameras for surveillance purposes but also want to use smarter features such as calling, detecting fires or watching babies.
“ The rate of surveillance cameras per person and per household in Vietnam is increasing. If in the past, each family only needed 1-2 surveillance cameras, now because the cost of surveillance cameras is getting cheaper, the number of surveillance cameras in each household and their value are constantly increasing, ” said a representative of Dahua Vietnam.
In general, the gradual disappearance of "rolling hills, carrying underarms" products shows that the Vietnamese surveillance camera market is changing in a positive direction.
Consumers are increasingly wiser, prioritizing choosing quality, safe products with clear origins.
Businesses are also aware of the benefits of complying with the law, thereby contributing to building a safe and sustainable surveillance camera market.
Source: https://vietnamnet.vn/camera-nhap-lau-lan-doi-cap-nach-dan-vang-bong-khoi-thi-truong-viet-nam-2324368.html
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