Wyze Favorability Statistics 2023

Published Jun 15, 2023 14:49 PM

Wyze has become a sizable competitor in the consumer surveillance market after it rose $110 million in 2021, but the company has struggled and has significantly cut its headcount since late last year. What do professional security integrators think of the company in 2023?

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Inside this report, we examine statistics and commentary from ~ 190 security integrators on Wyze's positioning in commercial security.

Modest ******** ************

****'* ************ ** * ****** *** positive (+*%), **** ***** */* ** integrators ***** ******* ** ** *******.

IPVM Image

****'* *** ************ **** **** ** 4 ********** ****** ***** ****, *** its ********* **** ** *** **** 2 *****:

IPVM Image

Less ***** ******* *** **

******* *** **, **** ** **** less *****, **** **% ** *********** having *******/** *******. *** *** ************ is +*% ******* *** ** ******** to +*% ****** *** **.

IPVM Image

***** ******* *** *** **********, ** Wyze ** ********* **** ******** *********** *** ***********. ** *** ** ***** ** e-commerce ***** ** ***** ******* (*.*.,******.**.**), *** ** *** ********** ****/*********.

Key ******

********** ********* **** **** ***** *** themes:

  • ******** **** ** ***, **** **** support *** ************
  • ******** ************ ******
  • **** ********-***** ********
  • ********* ** **** ***** * ********-***** brand
  • ******** ** ***** ***** ******
  • ************* *** ******** ******** ******
  • ***'* ****/***'* ***

Products **** ** *** + **** ******* *** ************

**** *********** ************ ****'* ******** *** their **** *********:

  • "* *** ** ***** **** ******* and **** **** **** ******* **** their ********."
  • "******-*** ******* **** ******** **** **** the **** ** ****, *****, ********."
  • "** **** **** ****** ****** ****** for ****. ******* ******** ** ***."
  • "* **** ****** *** *** **** cameras ***** **** **** ***. *** original *** ****** **.***** *** *** (**) ****** ($**) is * ***** *********** (** ** their *** ***! ;-). *'* ********* with **** *********** ******. ****** & live ** ****... ** **** **** features ** ****** ****!"
  • "* ** **** *** ****, **-***** recording *** *******. *** *** *** has **** * *** ** ***, too; **** ******* *** ****** ** front ** ** ***** **/*, ******** back *** *****."
  • "**** *** - **'* ******* ***** wearing ********* ******* ***** ***. ****** integration ** ****, **** ********."
  • "**'* ***** *** **** ** ** to *** *** ******* ** *** working."
  • "* **** **** **** *****, ***** cameras *** **** ****."
  • "***** **** *** ***** **** ****."
  • "**** ** ****** *** ******."
  • "********* ******* *******."
  • "******, *********."
  • "**** ** *** **."
  • "**** ** ***..."
  • "**** **."

*** *********** **** **** **** ****'* firmware ******* *** ********:

  • "********* ***** ******** ** * ***** price. ***** **** ** * ***** a ******* *****'* *** *** ** isn't ***** ******* ***. * **** how **** **** ***** ******** ** to ****. **** ***** ****** **** customers ***** ***** ***** ***** ** changes ** **** ** ***."
  • "**** **** ********** **** ** *********/****** their ****, ** ***** *** ******** firmware *******."

Product ************ ******

******* *********** ********* **** **** ******** about ****'* ********:

  • "*** ******* *** ********, *** *** app *** ********* **** ** ********** to **** ** **** **-** ********. BUT! **** *** *** ****** *** a $** *** **-** ***, *****? While *** ********* ** **, ** needs **** ** *********** ** ***** false ****** *************, *** **********.******** ** ** *** ***** **** any ******** *** ******. ** *** different ********* ******* ** ****** ********** secured **-**/***/*** ************** **** *** ****** of *** ******* ********* ******** ** most ******* *** *****!"
  • "* ***** **** ** *** ******** positive ***** **** *** ***** *** is ********** ** ****. ******* *** good *** *** ***** *** *** app ** ****. **** **** **** to ******** ***** ********** ***** ** view ** ***** ******* *** *** away **** *** *** ******!"
  • "**** ** ** ** *************; *** 2K *** ** *** ** *** that **** ****** **** *** ******** 1080p *****."
  • "* ***** **** **** ************ ********** into ***** **** *** ******** ***** products."
  • "***** ******** ******** ** **** *** quality."
  • "* ***'* **** *** **** **** are *****-*****."
  • "******* ****** *** ***** *** ********."
  • "*** **** ******* ******* ** ******."
  • "**** **."

*** *********** ********** ***** ****'* ****** system *** **** ** ***********:

  • "** ***'* ***/**** *** ******** **** will **** *** ******* ******* ** a ********."
  • "****** ** ********* ******* ********* ********."

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

**** *********** **** **** *** **** at **** *** ***** ********* ** to ******* ** ******* *** ****** afford ***** *********. **** ********* **** they ** *** **** **** ******:

  • "* **** ***** * ***** **** cameras ** ****, ****** ** ******** with ** **** *******; ** ****'* price *****, * *** ****** ** play **** **** *** ***** **** introduce ** **** ** ** ** announced, ** *'* ** ***** ******* on **** ** ***** *******. * also *** ***** ***** ***** *** outlets ********** ** ***** *** **** work **** ****. **** ** * very *********** ****** ****** *** *** allowed ** ** *** ******** ***** I ***** *** **** ***** *** money ** ***** *******."
  • "* **** ***** ***** *** **** but ***** *** ***** *** ******** if *** ****** **** ** ******, or * **** ***** ** ***** and **** *********** ****** ** * family ****** **** ** *** ****** health ********, * ***** ***** **** the ********** ***, **** *** ******. Not *** ********."
  • "***** *** ******** *** *** ******** market ****. ***** ** ********* **** alarm ********** *** ************ ******** **** technically ***** ******* ********* ** *** country."
  • "* ** *** ******** **** ** industrial ******* *** ****** * ***-**** consumer ******* *** * ***** *** specify **** ** ** ********."
  • "*** ********* * ***** ******** ******* and ****** **** ********* **** ** customers **** ***** ******* ***'* ***** them ** *** ** ********."
  • "** ***'* **** **** ** *** company *** * **** **** ********** for ******* ****. ** ******* ***** to ** *** *****'* **** * big ****** * ***** **** **** to ****."
  • "**** ******* *** ********* **** ***’* have * *** ** *****. ***** to ******** **** *** *** ****. I ********* ***** ******** *** *** time ** ******."
  • "**** ***-**** ********. ********* ********* ** get ******* ** *** ***** *** enterprise ************, *** *** ** ********** because ** *** ***** *****!"
  • "***** *** ****** *** **********, **** seem ** ** ****** **** ********** products *** ******** ** ******* ***** portfolio."
  • "**** ***** ** ****** *** *****-********* market. *** ** *** ******** **** to *** *** ***** ********-***** ***** point."
  • "**** ***** **** *** ***** *******. Dirt *****, **** *******, **** *** for **********. ** *** ****?"
  • "**** ** ** ***********, *********** ******** for * ******-********* ******. *** *** what *** *** ***."
  • "** *** ********* **** ** *** these ****'* *****. *** * ***'* install ** ******* ****."
  • "**** ***** *******. ***** **** *** the ********."
  • "****** *** ***** *** ***** ********** and ***** **** * *** *** their *****."
  • "***** *** *** ** ***** ********* non-critical **** ** **** ****."
  • "*********** **** ** **** *******, *** they **** **."

*** ********** **** ****'* ******** **** an *********** ****** ***** ** *** residential ******:

* ***** **** **** * ****** product *** ****** ***********. ** ***** that ***** ** * ***** *** filled ** ************-***** ********. ** ******* a *** ** *****-*********** *** ***** they ******* * ********* ****** ** catch ******* ******* ******* ** ****** areas ** *********** ********* ********** ** requires * **** ********* *** ******** solution *** **** ** *** ****** are ******* ** ************ *************.

********* ** **** ***** * ********-***** Brand

**** *********** **** ******** ******** ** Wyze ***** * ********-***** *****. **** said **'* ***** *** *****:

  • "* **** **** ****** **** **** for ***********, *** ******* **** ** seem *** ***** *** *** **** enough *************."
  • "***'* **** **** ***** ****. **** little *'** *****, * ***** ******** them * ****** ******."
  • "*** ******* **** *** **** ** Home ***** *** ***** $*** ***'* be ****."
  • "***** *** ********/*********** ***** *******, * don't *** ****."
  • "****, * ***** ******* *** *** things. ***-*** ******** *****."
  • "*** ****** ** *** ******** ****** commodity ******."
  • "*****. ****'* *** ***** ** ** say ***** ****."
  • "***** **** ** ** *******."
  • "***** ***-**** *****."
  • "***. ******** *****."
  • "****** ****."
  • "***** ****."
  • "***** ****."
  • "****** ****."

**** *********** ***** *** **** ******* being * **** ********-***** *****, **** is *** ******** *** *** ********** market:

  • "** *** **** **** *** *******, they *** *** *** *****. *******, I ** *** ******* ***** ****** be **** ** * ******** ***********."
  • "**** *** *** *** *********** ******. Not * ***** ****** *** ***********. I ***** *** **** ** ****."
  • "* ***'* ***** ***** ******** ***** being * **** *** ** ** working ****** (****-**** ********/********** ********)."
  • "********* ***** ******, **'** *** ** the *********** ****** ******, ** *** a *******."
  • "*** *******. **** *** **** *** product ************ ** ****** ************ ******* for ***** *** ********** *********."
  • "***** **** *** *********, *** ** issue *** ** ** *** ********** commercial *** ********** *****."
  • "******* ** ****. **** *** *********** markets. ***** ****** **** **** ** a ********** ***********."
  • "***** ** ** *** *** *** of *** ******. ** *** ***********, not ***** *** ********."
  • "*** ****** * ********** ******* ** we ***'* *** ** ** *** verticals."
  • "* ***** ***** ********* **** ** a ********** ***********."
  • "***'* ******** * ******* ****** ** the ********** *****."
  • "*** **********-*****."

******* *********** ********* **** **** ***** directly ** *** ***** ** **** there *** ** ******* *** ***********:

  • "*** **** *** ****'* **** *** get ***** *** *********** ******** **** wants ** **** * ****, ** profit *** **********."
  • "******-**-******** ******* **** ** ********** ******* basic *******."
  • "**** **** ****** *** *** ****** for *** *** ******."
  • "********* ******** ** *** *****."
  • "******-**-******** ****."

Comments ** ***** ***** ******

**** *********** **** ****'* *****-**-******* ***** is ****:

  • "* ***** *** ******** **** ******* for ******** ***** **** * **** camera ** **** ********, *** *** the ***** ***** *** *******!"
  • "*** ******* *** ******** ****** ** reasonable ******** * ****** ********* ** find ****** ********. *** ***** ** the ******** ******** ** ******* ************ to *******?"
  • "***** ****, **** ***********, *** *******. A **** *********** ** **** **** expensive ******* *** ***** ************."
  • "** *** **** *** ******** ******** that ***** ***** ****** **** **** is * ***** ******."
  • "********** ***********, *** * ****** ***** their ******..."
  • "*****. *****/*********** ***** ***** ** ******."
  • "***** *********** **** ********."
  • "***** *** ********** ** * ******."
  • "**** ** ***, ***********."
  • "**** *********** *******."
  • "***** ******* *** *** *****."
  • "**** *** *****."
  • "****** ******* *** *** *****.
  • "**** ******* ***** *****."
  • "***** *** **** ** ***."
  • "****-*********."
  • "***** *******."
  • "*** ****, ***."
  • "***** ******."

*** *********** **** **** ** *** like ****'* ************ ****:

  • "* *** **** ****** ** *** Plus ************; ** ****** ** ** get ****** *** *** ***** * month **** ******** **** ** ****** up ** ** *** **** ***** to **. *** ***** ** *** currently *****; **** ******* ***'* *******, or **** ** *********** ******* * very ***** **** ****."
  • "****** ** ******* ******* ****** ****."

*** ********** **** **** ******* *** because ** *** ** ******:

* ***** **** ******* **** * perceived **** ** *************** ** *** marketplace *** **** **** ********* **** compete ** ******* *****.

************* & ******** ******** ******

******* *********** ********* ****'* *** ***** affiliation *** ********* ************* *** ******** security ******:

  • "***** ******* **** ******** ******, *** it ***** *** ** **** ** use."
  • "***** **** * ******* ********** ****. Not ***** *** ***** *************."
  • "**** **** *****. *** ****** *** DMP **** **** ***** ** **** wink."
  • "**** ** ******* ********** *** ************ practices."
  • "******* **** ** *** ***."

*****: **** ********** ** ********. **** is *** ******* ** *********.

***'* ****/***'* ***

**** *********** **** **** ***'* ****, don't ***, ** **** ** ******** toward ****:

  • "** ** *** *** ********-***** ******** for *** *********."
  • "***'* ******** * ******* ****** ** the ********** *****."
  • "*/* * **** ** ********** **** this *******."
  • "*** *** **** ** ******** * would *******."
  • "*****'* **** **** **** ** *** market."
  • "*** * ***** *** ********* ***** use."
  • "*** **** ********** **** ****."
  • "***'* **** ** ******* ** ****,"
  • "**** ** *******."
  • "*****'* **** ** ******."
  • "**** ***** **** ****."
  • "***'* **** ****."
  • "***'* *** **."
  • "******* *****."
  • "** ***'* ***."
  • "***'* **** **."
  • "** *** ***."
  • "*** ********."
  • "****."

*******

***** **** **** ********* ** ***** **** **** ** 2019**** *** ***** ****-******** $** ** camera *** *** ****** * ***** consumer *** ********, *** *******'* ***** low-price, ***-****** ******** *** ********* **** increased *********** **** ****** *** ********** in ********** *** ****************** ****** ****** to *** *** *************.

**** ******** *********** ***** ** *** company **** **** ****** ****** ** Wyze's ******* *** *** ******* **** need ** ****** *** *** ** can ****** ** *** ****** *********** consumer ******.

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