Hikvision is still No.1

July 16, 2015 According to the latest report from business information provider IHS Inc. (NYSE: IHS), 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. 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.

The table below illustrates Hikvision's rankings and market share in various categories (as per report published by IHS "Video Surveillance Intelligence Service").

Market share for	IHS report 2015		IHS report 2014		IHS report 2013
Market share for	Rank	Market share	Rank	Market share	Rank	Market share
CCTV & Video Surveillance Equipment	1	0.163	1	0.109	1	0.08
Security Cameras	1	0.173	1	0.119	3	0.078
Analogue Security Cameras	1	0.133	2	0.101	2	0.062
Network Security Cameras	1	0.189	2	0.13	3	0.097
Video Encoders	1	0.131	2	0.095	2	0.06
VMS	4	0.058	3	0.054	5	0.038
Hardware NVRs	1	0.157	1	0.066	below 10	-
DVRs	1	0.263	1	0.164	1	0.142
Megapixel Network Security Cameras	1	0.206	2	0.13	2	0.111
Network Video Surveillance Equipment	1	0.162	2	0.104	3	0.072

August 10, 2015 | View: 308 | Categories: Latest News

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Hikvision is still No.1

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