Hikvision 2018 Revenue Tops $7 Billion USD But Growth Slows To Low

By: Charles Rollet, Published on Feb 15, 2019

Hikvision's annual revenue topped $7 billion for the first time in 2018, although growth slowed sharply. In this post, we analyze the latest figures, including:

  • Revenue vs Growth
  • Comparison to Axis
  • Reasons for Lower Growth

Overall, the numbers indicate that Hikvision is facing tough challenges from a variety of areas, although its vastly greater size than its competitors continues.

*********'* ****** ******* ****** $7 ******* *** *** first **** ** ****, although ****** ****** *******. In **** ****, ** analyze *** ****** *******, including:

  • ******* ** ******
  • ********** ** ****
  • ******* *** ***** ******

*******, *** ******* ******** that ********* ** ****** tough ********** **** * variety ** *****, ******** its ****** ******* **** than *** *********** *********.

[***************]

Revenue **, ****** ****

hikvision growth chart

***** **** ********** ********* *** **** $7.3 ******* ***, *** the **** ****** ******* growth *** **** ** 12.9%,***************** ******* ** ****:

  • ** - **%
  • ** - **%
  • ** - **.*%
  • ** - **.*%

** **.*% ****** ****** for ****, **** ** Hikvision's ******* ****** ** many *****:

******* ****, ********* ******* comfortably ** *** *** of *** ***** ************ industry ** ******* *****. While *** ******* ***** Dahua *** *** ******** its **** **** ****** yet, *** ******* *** the***** *************** **** ***** ** around $*.* ******* (*********** *** ******* **** significant *** **** ** China, ********** *** *** challenges).

Lower ****** **********

*** **** *****, ********* has ******* ****** ** 30%+ ******, ****** ** the ****** ******* ******** market. **** *** ******* them ** ** *** more ********** ** ************* expansion **** *** ** their ******** ** ******** rivals. ** *** '*** normal' *** ********* ** ~10% ******, ********* **** likely ** ** **** cautious ** ***** ********* plans (*.*., **** ****** ago*********'* ********* **** ****"** **** ** ***** on *** ** *******").

Axis ******* ****** ***

** **********, ****** ******* for **** (*** ******* Western ***** ************ ************) topped$*.* ******* ** ****.****'* * **.*% **************** ** ****,******** ****** **** *********'* 18.8% ******.

*******, ****' ******* ****** eclipsed *********'* *** *** last *** ********. ** Q4 ** ****, **** Hikvision **** **** ***** 13% ****-**-****, **** **** 31%. *********'* ** ****** was **** ************* *****, at **.*% ******** ****% *** ****.

Reasons *** ***** ******

*********'******* ************ ******* ** **** and ****** ** ******* context. *******, ***** *** a **** ******* ** explanations:

Outlook ***** *******

* *** ***** ************* remain ** *** ******* for *********'* ******/********* ********* in ****:

  • *** **** **** *** Chinese ********** ***** ** video ************ *** *** strong **** *** ******* economy **? **** ***** years ** ************* *********, 70% ** *********'* ******* comes **** ****** *****, so *** **** ******* buys ** *** **** important, ** **** ********* terms, **** ****** ** Barcelona.
  • **** ********* ** *** by** ************* *** ******** ***** rights ******? ** **, Hikvision *** *** **** be **** *** ** the **, *** ****** supply ****** **** ** harmed ** ****.
  • *** ******* ** ****** about ***** ************? *** Chinese ******* ********* ** ***** ** be***** *** "*** *" global ***** ************ ********* over *** **** *** years, *** *********'* ****** ********* *** ****.*** ******** *********** ******* a*********** ******** *********'* ******* *********, though.
  • ** **** ****** **** the ******** ******** ******** that ******* ****** **** ****** *** **** ** comes ** *********? **** Hikvision *** ****** ********** shut *** ** **** Western *******, ** *** been *** **** *** Huawei?

**********

**** ****** ****** ** a ******** *********** ** 2019 *** **** *** fundamentally ****** *** ********* operates *** *******. ***** Hikvision's **** **** ********* is *** **********, ***** ability ** ******** *** market ** ********** ********* might.

Comments (13)

*******, ******* ** * *******, *** * ****!

**** *** ** *******. I ***** **** **** in ***** *****. ******** to *********, ****?

* ***** ***** * 12.9% ****** **** ** still ****** ***********. * believe **** ** ***** above *** ****** **** of *** ******. **** a ******* ******** **** a *********** ****** ***** incremental ****** ******* ****** and ****** ** *******. This ** ******. * graph ******* **** **** year ****** ** ******* might ***** * ********* impression ** *** *** in *** *****. *** of *** ********* * get **** **** ******* is **** **** ** fairing ****** **** *********. But *** ****** ***** of *********'* ****** ** almost ***** ** ****' entire ********. **** ***** may ** ********* *** why **** ** ***** better **** ********* *** this *** *** ** the **** ****** ** gauge **** **.

*** *** ****** ***** of *********'* ****** ** almost ***** ** ****' entire ********. **** ***** may ** ********* *** why **** ** ***** better **** ********* *** this *** *** ** the **** ****** ** gauge **** **.

****, ** **** *****, the ** ******* ** doing ****** **** *****. Same ***** - ** economy ** **** ****** than ***** ** **** at * ***** ********** growth ****, ** ****** terms, *** ** ***** more.

*** ** ***** *** that *** *** ********, at *** ~*% ****** rate, *** ** ***** growing ****** **** *** security ******* ** '****** value', ***.

*** ******* ***'* **** this ******** ** *** percentage ****** ** * more ********* ****** ** long **** ****** *** competitive *******.

** *** *********, ***** biggest ********* ** ****** deceleration **** *** **** 5 *****. ** ********* does **% ****** *** 2019, **** **** ** a ********* **** *** at ***** ****, *% growth *** **** ** not *** ** *** question.

*******, *** **** *********** issue ** *** ****** level ******** ****** *********. Fundamentally, ********* *** *** more ********** ** ********* and ****** ***** **** growing ** **% **** 12%, ***** ******* *** companies *******.

**, *** ***'* **** take **** ***** *** apply ** ** ******** you ******, ** ****** how *****, ** * test ** ********. **** I ******* *** ** a ************ **** *** people *** **** **** it **** **** ****. I ****** ** ** 2 ******: **.*% ****** rate ** ****** *********** and ** ***** *** relative *********** ** * companies ** ****** ********** sizes ***** ** ****** on ***** ****** **** is ****** **********.

****, **** **** ** dig ** **** ***** but * **** *** a ******** ************** - the ** *** *** GDP *** *** **** dismissed ** ** ******* it *****.

*****'* ******* ** ******* 2/3rds *** **** ** the ** ******* *********'* sales *** * ***** the **** ** ****. The ** ******* ** roughly * ***** *** size ** ***** **** half ** *****'* ****** rate **********, ** ******* this ***** ** * better *******. ** ****** terms *****'* *** ** just ***** $* ******* and *** ** **** $20 ********. * ***** it *** ** ****** the ** *******, ** many ********, ** ***** better **** *****. ****** you ****** **** *** me *** **** * think ** ******* ** just * ***** ** yours (*** *** ******* was * ******). **** someone ****** * ******* argument **** "** **** logic..." * ***** "** brother, **** ** **" because ** ***** *** supposition **** *** ***** applied ** *** ******** must ** ******* ** anything ** ** *****. China *** *** ** are ********* **** ********* and ***. ********* *** Axis *** ********* **** revenue *** ******* ** a **** ******** ******. I *** ****** ** observation ***** ********* ******** not ******** * ******* formula ***** *** ** applied ** ********. *******, let ** ** ***** that * ** *** arguing **** ********* ** doing ****** **** **** only **** ** ****** not ***** **** ****** on ****** ****.

** ****** ***** *****'* GDP ** **** ***** $3 ******* *** *** US **** $** ********. I ***** ** *** be ****** *** ** economy, ** **** ********, is ***** ****** **** India. ****** *** ****** this *** ** *** that * ***** ** example ** **** * silly ** *****

* ***'* ***** **** example ** *****. **'* actually ******* ***** ******* your ********** *********** ** total ****** ****** ** percentages. ***** ** ******* faster **** *** **. Period.

*** *** **** ** use ******** ****** ***** you **** ***** ***, for **** ******, ********** comparisons *** *** **** (whether ****'* ** ** India *** ** ******* revenue).

******** ** *** *****'* fastest ******* ******* ** measured ** *** ****** percentage. ***** **** **** must ** ****** *** global *********!

*****, ******'* **** ******. All ** **** *** I ****.

*** *******'* ******* *** tripled ** *** **** 10 *****:

********* *** ********, ** such, **** ******* ** such ****** ***** ** understand ******** ************* *** competitive ******.

***** **** **** ** think **'* '*****' ** look ** ********** ******, but **** ** *** norm *** ********* *** financial ********.

*****, ***** *** * say ** *** ***** to **** ** ********** growth? *** **** ** have ****** ** ***** completely ***** ** **** percentage ****** ****** ** one ******* ** ** analysis *** ** ****** may *** **** * complete *****. ** *** say **'* *** **** important ******* ****'* ****. I *** "** *******".

** ***** ** **** Axis ** ******* *** to *** *************** ** products *** ** ****** a ****** ********** **** that ** ********* ***** video ******* / **********. Let's ** ****** **** ourselves, *** ******** ** hikua *********** *** ****-****** sized ******** **** ******* won't ******* ** ******* until ********* ** ****** not ** ******* *** is ****** **** ****** from *** ********** ********** at **** ***** ******* Axis ** ****** **** accepted ** *** *** Pelco/IBM/safe ******.

*** **** **** **** of ****** ******* *** being ****** ****? ***** Axis ** ****** ******, or ** *** ***** slowing ****** ***** ******* up *******?

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