Building on the company’s year-on-year growth, and underlining the global level of support for its range of security surveillance products, at Ifsec in London, Hikvision revealed 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%, according to IHS findings.
Hot off the press, IHS Markit, a world leader in 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.
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.
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 was showcasing its cutting-edge advances in surveillance technology at the Ifsec 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.
