Wyze Sold 3 Million Cameras; In 18 Month Projected To 6 Million, Saw AWS

JH
John Honovich
Dec 12, 2019
IPVM

Near the end of last year, Wyze announced selling one million cameras. They continue to grow, says Amazon's Adi Krishnan, speaking at the Imperial Capital Investor Conference we attended.

** ******* **** *** ****** *** what **** ******* *** ****'* ****** inside.

JH
John Honovich
Dec 12, 2019
IPVM

****** *** ************, ******** **** ********* to *** *********, **** ** *** event, *** *** ******** ****** **** Wyze, ******* *** ********** ** ****** total ****** ***** ** * ******* units ** ** ******.

**** ** ********* * *** ** cameras, ** *****, ********** ******** ** the ********** ******, ***** ****** **** may **** **** ******* **** *** commercial ************ ** *** **.

** **** ** ** * ******* cameras ***, **** ******* * ******* sold **** *** **** ~** ******, doubling **** ***** **** *** ***** year. *** ** ~$** *** ****, that **** **** ****** ******* ** the $** ******* *****. **** ***** some ***** ******* *** *** ***** are ********* * ******** ** ******* revenue.

******* * ******* **** ***** ** the **** ** ****** ******* **** Wyze's ****** **** ***** **** ** roughly ****, *.*., * ******* **** the **** **** *** * ******* in ** ****** ** *** **** pace.

**** ***** *** ** *** **** but ****** **** *** ******* *********** before ********** (******** **** **** *** ***) ** ** **** ** *********** to *** ****'* ******.

UI
Undisclosed Integrator #1
Dec 12, 2019

* ****** ** * *** ** them ********* ** **** *****.

JH
John Honovich
Dec 12, 2019
IPVM

********* ** **** *****

***, *********:**** ****** *** ****** ** **** Depot

JH
John Honovich
Jan 29, 2021
IPVM

******:* *** *** **** **** ***** says**** **** *** *** **** * million *******, ** **** ** * more ******* ** **** **** *** last ****.

* ** *** ********* ** ** but **'* **** ****** **** **** Amazon ********* ** *** *** ** 2019.

** **** **** ** ******, **** might **** * ******* ******* ** 2021.

****'* * *** ** *******. **** sells ******* ** * *******, ********* at *** ** **** *** ***** of ****, ** **** * ***** of **********.

***** ***** **** ** **** **** cameras ** *** ** **** *********...

UI
Undisclosed Integrator #2
Jan 29, 2021

***** ***** **** ** **** **** cameras ** *** ** **** *********...

*** ***** ***** **** **** ******** are **** ** *** ***. *** despite *** ***** * ********* ***, Wyze ******** ****** *** **** ***** and ******** ***** **** ****.

UI
Undisclosed Integrator #1
Jan 30, 2021

***? * ***’* ***** *** ******** of **** ******* **** *** $***.** wholesale *** ********* *** ******. ****

UM
Undisclosed Manufacturer #3
Jan 30, 2021

****. ** ***** ******, **** ******* are **********. ****** ********** ***** ****** usually ***'* **** **** ******* **** cybersecurity (****** * *** ** ******).

JH
John Honovich
Jan 30, 2021
IPVM

*** ******* **** ** ****** ** because **** ***** * *** ** cameras *** *** **** **** $*** even ********* - * ******, * series, *****-*******, ****, ***.

******* ** **** *** ** ******* $250 * ***'* **** *** *** difference ** ******* ******* ***** ******* Wyze *** **** ** *** ***** of ** ***** ** *********.

(1)
UM
Undisclosed Manufacturer #4
Feb 05, 2021

**** *** *** **** ** ******* this **** (****** ****) ** **** seem ** ** ********* **** **** shortages **** **** ******. **** ***** business ***** ** ******* **** ********** to **** *** ********** **** **** component ******* **** ** *** *** it *** ** **** *** ********** for **********. *** **** *** *** willing ** ****. ** *** **** side ***** *************** **** ***** ********** may ****** ****...

JH
John Honovich
Feb 06, 2021
IPVM

**** ***** ******** ***** ** ******* near ********** ** **** *** ********** open **** ********* ******* **** **

**** * ***'* *** ** *** they ***'* **** ***** ***** ******? Imagine **** ********* ****** **% - well **** ***** ***** **** ** $30 *** ** ***** ****** **** heavily ********* $** ** *******? (***** at ******* **** ******** ****** **** not *****).

(2)
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