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Digital Ally Inc  (DGLY)
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Digital Ally Inc's

Competitiveness


 

DGLY Sales vs. its Competitors Q2 2019



Comparing the results to its competitors, Digital Ally Inc reported Total Revenue decrease in the 2 quarter 2019 year on year by -28.53 %, faster than overall decrease of Digital Ally Inc's competitors by -28.53 %, recorded in the same quarter.

List of DGLY Competitors





Revenue Growth Comparisons




Net Income Comparison


Digital Ally Inc recorded net loss , as well as most of its competitors.

<<  More on DGLY Income Comparisons


Digital Ally Inc's Comment on Competitors and Industry Peers


The law enforcement and security surveillance markets are extremely competitive. Competitive factors in these industries include ease of use, quality, portability, versatility, reliability, accuracy and cost. There are direct competitors with technology and products in the law enforcement and surveillance markets for all our products and those we have in development. Many of these competitors have significant advantages over us, including greater financial, technical, marketing and manufacturing resources, more extensive distribution channels, larger customer bases and faster response times to adapt new or emerging technologies and changes in customer requirements. Our primary competitors in the in-car video systems market include L-3 Mobile-Vision, Inc., Coban Technologies, Inc., Enforcement Video, LLC d/b/a WatchGuard Video (“WatchGuard”), Kustom Signals, Panasonic System Communications Company, International Police Technologies, Inc. and a number of other competitors who sell, or may in the future sell, in-car video systems to law enforcement agencies. Our primary competitors in the body-worn camera market include Axon Enterprise, Inc. (“Axon” –formerly Taser International, Inc.), Reveal Media, WatchGuard and VieVU, Inc. We face similar and intense competitive factors for our event recorders in the mass transit markets as we do in the law enforcement and security surveillance markets. We will also compete with any company making surveillance devices for commercial use. There can be no assurance that we will be able to compete successfully in these markets. Further, there can be no assurance that new and existing companies will not enter the law enforcement and security surveillance markets in the future.

The commercial fleet security and surveillance markets likewise are also very competitive. There are direct competitors for our DVM-250 Plus “event recorders,” which several may have greater financial, technical marketing, and manufacturing resources than we do. Our primary competitors in the commercial fleet sector include Lytx, Inc. (previously DriveCam, Inc.) and SmartDrive Systems.





*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.


DGLY's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Digital Ally Inc DGLY 14 10 -14 128
Security Devices International Inc. SDEV 15 0 -3 1
Axon Enterprise, Inc. TASR 0 365 14 426
Hd View 360 Inc. HDVW 0 0 0 4
SUBTOTAL 29 376 -2 559


             
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