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Datasea Inc 's Comment on Competitors and Industry Peers
The market for our products is competitive, characterized by rapid technological changes and evolving industry standards.
We believe that the main competitive factors in the acoustic intelligence business are proprietary technologies and products that fit market needs. We believe that our advantages in the field of acoustic intelligence, especially our understanding of ultrasound and infrasound, tecnique we have archived and our product development based on this, are able to actually solve the needs of braod range users for microbial sterilization, medical care and agriculture. There are some competitors here in China and globally, however in some partially fields with products of acoustic intelligence, such as ultrasonic collaborative disinfection equipment,the company has established barriers to competition, and the company believes that there are a few competitors with similar technology, and currently are not aware of any compeitiors using exactly the same technique that we use.
We also believe that the main competitive factors in the 5G news, digital smart city market are market-side competition, including product performance, breadth of product offerings, access to customers, partners and distribution channels, software support, pricing and cost. We believe our ability to remain competitive will depend on our ability to predict well the features and functionality that our customers and partners will need, and our ability to deliver consistent products at acceptable levels of quality and competitive prices quantity. Some of our competitors may have more marketing, financial, distribution and manufacturing resources than we do and may be more responsive to changes in market, policy or customer needs. We anticipate that the future may face an increasingly competitive environment.
Our current competitors include:
Competing companies in the field of 5G messaging, Chinese listed companies with similar service systems or platforms, Montnets Technology, Zhongjia Bochuang, Xinguomai, Caixun, Tianyuan Dike, etc.
Competing companies in the field of acoustic intelligence have similar ultrasound technologies but different directions of use, including Gute Ultrasound, Hivi Technology, China Electronics Technology, Xinzhi Bio, etc.
Competing companies in the smart city field include companies that provide various smart city system solutions, such as Yuncong Technology, Zhongke Jiangnan, Jiahuan Technology, etc.
Overall company Market Share Q3 2022 |
Due to outstanding performance in Overall company, revenue grew by 73.48 % Datasea Inc improved its market share, to approximate 18.27 %.
<< More on DTSS Market Share.
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*Market share is calculated based on total revenue.
DTSS's vs. Competition, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
| COMPANY NAME |
MARKET CAP
(in millions of $) |
REVENUES
(in millions of $) |
INCOME
(in millions of $) |
EMPLOYEES |
| Datasea Inc |
DTSS |
33.81 |
18.00 |
-6.00 |
123 |
| Intellinetics Inc |
INLX |
20 |
13.19 |
0.17 |
0 |
| Ironnet Inc. |
IRNT |
40 |
40.84 |
-264.33 |
316 |
| T Stamp inc |
IDAI |
17 |
4.55 |
-5.02 |
0 |
| SUBTOTAL |
111.15 |
76.15 |
-275.02 |
439 |
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