Hikvision stays on top for the 4th year

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. 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 markets 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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