Hikvision Claims Top Position
According to the latest report from business information provider IHS, Hikvision has strengthened its position as the worlds leading CCTV and Video Surveillance Equipment company, ...
![Cynthia Ho, Vice President at Hikvision](/media/story_section_image/22474/img-01-hikvision-20linda.jpg)
According to the latest report from business information provider 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 and makes up 18.9% of the global network security camera market, an increase of 5.9 percentage points in revenue market share compared with last year's Number 2 position (13%) in this fast-growing camera sector. The report also highlights the company's efforts in overseas markets over the years by ranking Number 2 in CCTV & Video Surveillance Equipment category in the 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 the IHS "Video Surveillance Intelligence Service").
Market Share for |
IHS Report 2015 |
IHS Report 2014 |
IHS Report 2013 |
|||
Rank |
Market Share |
Rank |
Market Share |
Rank |
Market Share |
|
CCTV & Video Surveillance Equipment |
1 |
16.3% |
1 |
10.9% |
1 |
8.0% |
Security Cameras |
1 |
17.3% |
1 |
11.9% |
3 |
7.8% |
Analogue Security Cameras |
1 |
13.3% |
2 |
10.1% |
2 |
6.2% |
Network Security Cameras |
1 |
18.9% |
2 |
13.0% |
3 |
9.7% |
Video Encoders |
1 |
13.1% |
2 |
9.5% |
2 |
6.0% |
VMS |
4 |
5.8% |
3 |
5.4% |
5 |
3.8% |
Hardware NVR's |
1 |
15.7% |
1 |
6.6% |
Below 10 |
- |
DVR's |
1 |
26.3% |
1 |
16.4% |
1 |
14.2% |
Megapixel Network Security Cameras |
1 |
20.6% |
2 |
13.0% |
2 |
11.1% |
Network Video Surveillance Equipment |
1 |
16.2% |
2 |
10.4% |
3 |
7.2% |
"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."