Company now Number 1 in every equipment category,
including network and megapixel cameras
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According to the latest report from business information provider IHS Inc, Hikvision has strengthened its position as the world’s leading CCTV and Video Surveillance Equipment company, the fourth year in a row that Hikvision has topped the list.  Click image for the Hikvision website |
The company’s dominant 16.3% total market share in terms of revenue is up by more than 50% compared with the previous year and more than double its 8% market share of just two years ago.
Even more significantly, Hikvision has claimed the Number 1 position in every individual equipment category, making up 18.9% of the global network security camera market, increased by 5.9 percentage points of revenue market share compared with last year’s Number 2 position (13%) in this fast-growing camera sector. The report also indicates the company’s efforts in overseas market over the years by ranking Number 2 position in CCTV & Video Surveillance Equipment category in EMEA market, achieving a 9.2% market share.
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The table below illustrates
Hikvision's rankings and market share in various categories ~ as per the
report published by IHS: Video Surveillance
Intelligence Service
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Market share for
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IHS report 2015
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IHS report 2014
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IHS report 2013
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Rank
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Market share
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Rank
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Market share
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Rank
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Market share
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CCTV & Video
Surveillance Equipment
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1
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16.3%
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1
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10.9%
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1
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8.0%
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Security Cameras
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1
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17.3%
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1
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11.9%
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3
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7.8%
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Analogue Security Cameras
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1
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13.3%
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2
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10.1%
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2
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6.2%
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Network Security Cameras
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1
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18.9%
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2
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13.0%
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3
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9.7%
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Video Encoders
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1
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13.1%
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2
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9.5%
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2
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6.0%
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VMS
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4
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5.8%
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3
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5.4%
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5
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3.8%
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Hardware NVRs
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1
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15.7%
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1
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6.6%
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below 10
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-
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DVRs
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1
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26.3%
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1
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16.4%
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1
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14.2%
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Megapixel Network Security
Cameras
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1
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20.6%
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2
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13.0%
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2
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11.1%
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Network Video Surveillance
Equipment
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1
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16.2%
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2
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10.4%
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3
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7.2%
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Cynthia Ho, Vice President at
Hikvision, says:
"We are very pleased to see Hikvision's rankings in CCTV and video
surveillance equipment. This is an attribute to our continuous R&D
innovation and investment. Importantly, we move forward with the rapid
developing market trends of IP surveillance which benefits us the great
achievements in IP product segments.
We appreciate our customers’ and partners’ support and trust in Hikvision. Looking forward, we will continue to seize every opportunity to meet the market need and keep investing in R&D, offering more benefits and service to our customers" For more information visit www.hikvision.com |
