Building on the company’s incredible year-on-year growth, and underlining the global level of support for its range of security surveillance products, Hikvision, a supplier of video surveillance products and solutions, has announced that it has again achieved No.1 position in a recent IHS Markit report, based on 2016 data, with a dominant market share of 21.4% for CCTV and Video Surveillance Equipment worldwide, rising from last year’s 19.5%.

Hot off the press, IHS Markit, a provider of critical information, analytics, and solutions, also reported that Hikvision technology ranks in the No.1 position for 2016 global market share in the categories of Security Cameras (24.2%), Analogue +HD CCTV Security Cameras (23.9%), Network Security Cameras (25.6%), and Recorders (25.3%). Moreover, the company is continuing its leading position in the EMEA market, with 14.9% market share for CCTV and Video Surveillance Equipment, and achieved an 8.5% market share equating to the No.2 position for the Americas market.

Continuous R&D of new technologies

Supporting the rapid growth of a company that is now an acknowledged security industry technology leader, Hikvision attributes its IHS Markit ranking success to its continuous R&D investment in new product technologies, and the rapid response to market trends, and long-lasting partnerships that the company’s been placing in its business core.  

“Creating value for its customers is our driving goal, and this latest achievement of being ranked number one for global market share in video surveillance is very exciting for the company, enthused Keen Yao, VP at Hikvision International Business Centre. “We look forward to sharing our success with the people who help to make it all possible, our partners and customers. In addition to the video surveillance industry, Hikvision has extended its reach to industrial automation, smart home tech, and automotive electronics industries, to achieve its long-term vision.

Underlining the R&D investment, for those looking to experience Hikvision products and technologies at first hand, the company will be showcasing their cutting-edge advances in surveillance technology at the upcoming IFSEC International exhibition, including brand new products and solutions, as well as an innovative new set of technologies derived from the IT industry’s ‘Deep Learning’ concept.

Visitors to IFSEC International can find Hikvision at stand E800.

Download PDF version

Hikvision case studies

Hikvision video surveillance solution secures Corinthians football stadium

Hikvision, global supplier of innovative video surveillance products and solutions, announced that the company has agreed a partnership deal with Corinthians, the São Paulo-based Campeonato Brasileiro Serie A football club.  As part of the three-year deal, Hikvision will provide the 49,000-seat stadium with a security solution combining multiple products, such as the AI-powered facial recognition cameras, and DarkFighter cameras that deliver bright and full-colored images in almost...

Hikvision’s networked and multi-site IP surveillance solution secures Orange Cameroon

To protect its assets and infrastructure, Orange Group, telecommunications companies in Cameroon, has specified and deployed iVMS software, NVRs, decoders and IP cameras from Hikvision, a global supplier of innovative video surveillance products and solutions. Consolidating its leading position in the 23 million population central African country, Orange Cameroon is progressively substituting voice and SMS applications by data communications and value-added services, expanding its 3G and 4G cov...

Hikvision secures SGMW Motors’ vehicle manufacturing plants in Indonesia

Specified to provide a comprehensive security, health & safety and production management tool, SAIC General Motors Wuling (SGMW), is now operating a Hikvision-based HD surveillance system at one of the world’s newest vehicle manufacturing plants. Established in 2002 by a joint venture and investment between SAIC Motor Corporation Ltd, General Motors and Guangxi Motor Corporation, today, SGMW is an annual producer of 1 million commercial vehicles and passenger cars, including MPVs.&nbs...