Hikvision Trumpets Global Dominance

Author: John Honovich, Published on Jun 26, 2013

The surveillance industry is defined by its deep fragmentation, with hundreds, if not thousands of manufacturers, but no single dominant force. But now, Chinese mega-manufacturer Hikvision is trumpeting its 'continual dominance', listing its position in 10 categories. In this note, we break down these and explain what is driving Hikvision and what it means to the rest of the industry.

The $11 Billion Company

************'** ** ****** * ********* ** ~$* ******* ***. *****, ** *** risen to ~$** ******* ***, ****** ** * ***% ******** ** revenue **** **** ** **** (~$*** ******* *** ** ~$*.* Billion *** ****** *******). ********, *** ******* ****** ** * staggering ** ******* (** **********, ******** '****' ****** ** ~** revenue ******* *** ****** ***-**).

*********, ********* ** ********* **********,********** *** ******** ~$*** ******* ** *** ~$*.* ******* ** *****, *** an ********** **% *** ******. *** **********, ****, * ***** profitable ******* ** ***** *********, *** * *** ****** ********** of ******* **** ****.

Market ********

** ************ ******, ********* ***** *** ***/*** ********:

********* **** ********** *** *** ***** ** *** ****** ************ market ****** **** *.*% ** *% **** **** ** ****. This ** ******* ********* ********* ******* ** ~**% ($***+ ******* USD) ***** *** **** ** *** ******** ******* *** ********** flat.

*** *** **** ********* **** *** * ***? ;) *********, though, **** *** *** ** *** *** * ********. ***** that *** ********* **** ******* ** ~$*** *******, ** ******* Hikvision **** **** $** ******* ** *** ******** ** ****.

**** *********, * ******* **** ***** *** ******, ** ********* generating **** ** ****** ***** **** ****** *** **** ***.

The ***** ******

***** ******* *** **** ******* **** ******** *** *** ***** market ******. ********* ** *** ** * *** ******* ******** companies ********** **** **** ************ ******** ******* ******** ** ******** each (*.*.,*********'* $*** ******* **** ****). ******, ********* ************ **** **** **% ** ***** ******* comes **** ****** *****, **** ** ****.

*****'* ** ********** ** ***** **** ************ ********, **** ** their ******* **** *** ************ ********* *** ******** *********. ** other ************ ************ ** *** ***** ******* *** ********* **. 

******, ********* ** * ******* ******* ** ********** ************ ********** ****** ******** ********.

Hikvision ******** - **** ** ***?

*********'* ******** *** ********* ***** *** **** *** ***, ** any ***, **************. *** ********, *** *** ***** ***********'* ***** **** ** ***** *** ** ******. **** *** ***********, **** ** ***** ** ******** *** pricing. *******, **** *** ******* ** ***** *******. *****'* ** critical '************ ********' ********* ** ****** **********. *** **** *** below ******* ** ********* *************** (******** ** ************* / *** Chinese *********).

**** ********* *** **** ** *****, ******* ********* ** ***** Chinese ************ *********, ** ***********. *******, *** ******* **** **** go ** *** ** *** ******** ***** ****** ***** **** (which ***** ******** ** ** *******) *** ** ** **** to *** *** **** ***** **** ******** ***** ** *********** that ** *** **** ** *** ***** (**** ** **** *** *****).

Comments (12)

Josh Ennis

06/27/13 02:00am
* **** ****** * *** ******* *** ** * ******* DVR. *'** **** ** ******** ***** * ****** **. ***** impression ** **** $*** *** ***, ***/***** ** ****** **** if ******* ** ****** **** ****.

John Honovich

IPVM | 06/27/13 02:10am

****, ******* ******* ** **. **** ********* *** ***** *** ramping ** ***** ** ***** *** **** ** ***************. ***** we **** **** ***** ** ********* ******, ** *** ***** to ******* *** ***** ***** **** **** *****.

Undisclosed Manufacturer #1

06/27/13 03:42pm

*** *********** *'* ******* ****** ***** ***** *********'* ******* ** less ********** **** *** ***** ******. ** **** ****** **'** seeing ***'* ****** **** ***** **** **** *** **, ************ to ********* ***-******* ******* ************* **** *** *******, ** **** to ***** ***** ************* ** ******* ***** ******* *******.

**'* **** ********* ** **** **** ***** ********* ****** ***** is ******* ** ********** *******, ********* ***** ************* **** ********** officials, ******* *** *********. **'* **** ********** ** **** ********** that ** ***** ** ********* *** ******* ****** *** **** adapt ** **** ***********.

**********, ***** ********** ** * ******* ******** ** **** ****** large **** ******* **** *** **** *** "****** *********"

John Honovich

IPVM | 06/27/13 03:50pm

** ********* *** * ** ******* ** **?

Undisclosed Manufacturer #1

06/27/13 03:56pm

* ***'* ******* **, *** * ****** ******* **** ***** now. *********, **.*% ** ******* ****** ** *** ** ******* UL.

Mark Rindy

06/27/13 05:01pm

*** * *********** *** **** **** ** **** ****** *** Hikvision **** *** * ***** ** ****** ******. ***** *** price *** ****, *** ******* **** **** ***** ***** ** long ******* ******** *** *******. **** *** *** **** **** we **** *********, **** ******* ** *** ***-** *******, ** try *** ** **** ******* **** ********** **** ** *** greater ***** ***** ****.

Bob Germain

06/27/13 06:17pm

[**** ****** ****: ****** ** **** *********]

****, ** *** ***, ********* ******** *** **/*** ******.

Undisclosed Manufacturer #1

06/27/13 07:00pm

***, **** **** **** **** ***** ** ***** ******** **** sell ******* ** *****, ******* *'** ***** **** ***** ******** sold ****** *** ****** *** *** ** ******.

*** ***** *** *** ********** **** ** ***** **** ** HikVision's ******* *** **.

Andy Wray

06/27/13 08:03pm

** ** ** ************* *** ********* ** ********* ***** ** the ******* **********. ****** **** ***** **** *** ******* **** more *** ***** **-******* *****?

* **** *** **** ******** ** ********* ** * *********** and ***** *** ******* ******** *** ***** ************* ***** ********* and ******* ****'* ********. ***** ******* *****'* ******* ** **** or **** *** **** ******** *** **** ****. *** *** NVR's **** *** ****** ***** ** *** ********* ********** ******* as **** ******* **** *****. *'* ****** ******* **** *** been ********** ********.

********** **** ** ****** ** *** ***** *****, ********* *** in ******* ** ********.

John Honovich

IPVM | 06/27/13 08:09pm

****, * ******* * *** ** *** *** ***** ********* have **** ********** ***********, ********* *********** ****** **** ** ********** owned ***** (* ****** **** ***** *** **** ***** ******* Hikvision *** ****).

***, **** ********** ****** ***** *******.

**** ****, *** ******* *** ****** ******. *** ****-**** ********* are *********** ****** **** *** ******** ** ********* **** ****** then. **** **** *** **** **'* ****** **** **** ** Sony, **'* **** **** ****** ***.

Bob Germain

06/27/13 08:39pm

****- *** *** **** ** *** **** **** ***** *** more. **** **** *** * ***** ***** ********* **** *** be ******** ******* ** **** ** ******. ******* ** ** 5MP *** *********. ** **** ***** ***** *********, **** ****** has *********** **********, ***** **** *** ***** ******* *******.

Alexandar Henrick Barmose

06/30/13 05:19pm

**** **** - ***** * **** ** ***** *** *** your **** ******* *** **** ********* ****. * ***** **** if *** ***** **** * **** **** ****** ***** ***** and ******* * **** ***** ** ********, ** ** *** able ** ********** *** *** *** ********** ** ******* *** manufactures . ****** ******* ********* **-********-***, ***** ***-******** *** ***** top ****** **** ***** ************. ******

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on China

Avigilon Touting 'Made In America' on Sep 18, 2017
Canadian manufacturer Avigilon, who completed a US manufacturing facility in 2015, is now running a marketing campaign touting 'Made In America',...
Dahua USA President Out, South American President Takes Over on Sep 11, 2017
Dahua's South American President has taken over Dahua North America as well. This is Dahua's third North American head in 2017. Will this one...
China Threatens Reducing Exports to the USA on Aug 23, 2017
The US government has launched a probe into China's alleged theft of US intellectual property. The Chinese government has fired back, threatening...
US Army Bans Chinese DJI Drones on Aug 08, 2017
The US Army has issued a ban on Chinese-made DJI drones. A US Army memo obtained by sUAS News references a classified document from the Army...
Hikvision USA Head of Cybersecurity Exits on Jul 18, 2017
Hikvision USA's Head of Cybersecurity has exited the company. In this note, we review the move, share Hikvision's feedback and examine the...
Hikvision Distributor Says Hikvision "Top Rated Yet Most Hated" on Jul 12, 2017
The CEO of 2M Solutions, a distributor selling Hikvision cameras under their own as well as Hikvision's brand has publicly declared Hikvision to be...
Best Manufacturer Perks on Jul 07, 2017
A decade ago, the best manufacturer perk was likely a trip on the Pelco jet: But the Pelco jet is long, long, long gone. What types of perks...
Distributor Favorability Ranked (North America) on Jun 29, 2017
  What North American security / surveillance distributors do integrators favor the most? The least? 150 integrators rated and commented on the...
Hikvision Stock Surges - Doubling In Past Year on Jun 29, 2017
Hikvision's stock, on the China Shenzhen stock exchange, has more than doubled in the past year, vaulting the company's worth to an astounding (for...
Hikvision: IPVM Is "Destined To Fail" on Jun 14, 2017
Hikvision has accused IPVM of 'cyberbullying' them, declaring IPVM 'destined to fail.' This is the 3rd anti-IPVM Hikvision post in 2 weeks,...

Most Recent Industry Reports

Avigilon 'Blue' Cloud Entry Examined on Sep 19, 2017
Avigilon is moving to the cloud. The company announced their Avigilon Blue platform, designed to be a web-managed surveillance system, utilizing...
HID Buys Mercury Security on Sep 19, 2017
One of the biggest access control deals in years. Mercury Security, the most widely used access hardware OEM, and partner to 20+ manufacturers,...
Hikvision Backdoor Exploit on Sep 18, 2017
Full disclosure to the Hikvision backdoor has been released, allowing easy exploit of vulnerable Hikvision IP cameras. As the researcher, Monte...
Avigilon Touting 'Made In America' on Sep 18, 2017
Canadian manufacturer Avigilon, who completed a US manufacturing facility in 2015, is now running a marketing campaign touting 'Made In America',...
Cloud Guy Prints Book, Misses Irony on Sep 15, 2017
On-premise security systems are dead. But $75 print books are alive and well. Such are the lessons from Brivo's CEO new book "The Five...
Forgotten Password Problem Importance on Sep 15, 2017
Forgotten passwords has become a major industry topic. For example, Hikvision has been emailing admin passwords in plain text until IPVM's...
September IP Networking Course on Sep 14, 2017
LAST Chance - Registration is ending. Register now. This is the only networking course designed specifically for video surveillance professionals...
Hikvision Launching Ezviz Pro on Sep 14, 2017
Hikvision is launching Ezviz Pro. In 2015, Hikvision expanded Ezviz, a direct to consumer offering, to North America. Now, Ezviz 'Pro' is...
Genetec Launches Community Connect Examined on Sep 14, 2017
Genetec has done best in large-scale, enterprise systems and relatively worse in smaller systems such as SMB. Now, Genetec is launching...
Master Keying Tutorial on Sep 14, 2017
Mechanical keys are the most fundamental, albeit unsophisticated, form of access control. Like access control, Master Keying allows large scale use...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact