Manufacturer Revenue / Financials Directory 2016

Published Jun 05, 2017 06:30 AM

This report contains data on the revenue of 32 security manufacturers, trend analysis of whether they are gaining or losing ground and commentary on each included.

The following chart previews the data in this report:

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Revenue data can be used to better understand how various manufacturers rank relative to each other in terms of size, ability to impact the market, ability to acquire other companies, or potential to be acquired themselves.

Because this lists covers manufacturers ranging from niche applications to global players, it should not be used as a basis for buying decisions or product evaluations, as companies with lower revenue could be particularly advanced in certain markets or applications.

Data ******* *** *******

*** ******** ****** ********* (********** ** listed ********) ** **** **** **** public ********* *******. *** ******* *********, various ******* **** ****. ** **** cases ******* ********* ***** ** ***** revenue **** **** **, ** ***** cases *** **** **** **** ************* with ******* ** ****** *********, ********, or ****** *** ** **** *** data ******** ****** *** *** ******** of **** ******. ******* *********-**** ********* are, ** ******, *******, ******* **** are ********* *** *** **** ******.

Manufacturer **** *******

*** ********* ***** ***** ** ************ listing ** ******** ******** ********* *** associated *******. ********* **** ******** *** inclusion ********* ***** ** *** ************ of ****.

******* ********* **** *** *********** ****** in *******, **** ** *** ****, since ******* ************ ******* ******. *********** ** ******** ******* *** related ********** *** **** ******* ** available *****.

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****

****'* ******* ****** **** $*** ** 2010 ** $*** ** ****, * ~3% ******** ****** ****** ****. ****** Hikvision *** ***** ********* *** ***-**** segment, **** *** *** ** *** more ****-***** ********* *** ***-**** ** cameras. ****** ** ******** ***** ******** as * ***-**** ********,**** *** ******* ** * ******** provider, ********* **** ********* ********* ************. While **** *** **** ****** ***** pressures, ********* *** ***** * ***** application, *** **** ******/******** ** **** as ******** ** ****** *******. *** these ******* ** ** *** *** ACTi's ***** ********** ****.

********

** **** ******** *** ** **-***-***** in *** ********, **** $*** ** sales. ** **** *** ******* *** $354M ** *******, ****** **** * 36% **** *** *** ******, *** outpacing ******** ******. ***** *** ******* is ***** ********* *** ******** *******, their ****** **** *** ****** ************* in *** **** ****, *** ** ~15%. ******** *** **** ******** ** low-cost ******* *******, ************** ********** ******** ****** ***** *** company.******** ******** *** ***** *********** ****** **** ********** *** ********* shift **** * ******-******** ******* ** a ******-******** ***.

****

**** *** ***** ** **% **** since ****, ***** **** $**** ** $857M ** ****. **** ********, *** several ***** ****** ******** ******, ******* trends **** ***** ********** *** ****. In *** **** ******* ***** **** has ***** ** **** ** * more ********-**** ********, ******** ******** *** software ****** **** ******* ** ***** a ********* *********. * ***** ********* for **** ** ** ******* ***** long-time ********, *** **** *** ******* with ** **** *******, ********* **** Axis ** ***** **** ******* **** competitor. ** ***, ****' ********* **** been ****** ******* ** ********, *** given ******** ******* *** ******* *********** *** one ** ****' **** ******** ****, *** ******* **** ****** ******** to *********** ** ***** ********* *****.

*****

******* *** ********* ***** **** **** $*** ** $*** **** 2010 ** ****, ~*% ******. ***** is ********** ** ********** ***** ****** by ********* **** ** ***** *******, a ****** **** **** *********** **** Russia, *** **** **** **** **** competitors. ** **** ** ***** *************** strategy, ***** ******** ***** *********, ******** many ******** ************ ** ***** ******** by *******, ******** ******* ** ********'* VMS ********, *** *** ********-*******.

*****

** *** *******, ***** ** * major ****** ** *** ******** ********, outselling *** *** ********* ** *** list, *** ***** ** **** ******** not ***** *** ***** ***-****. ****** Bosch **** *** ***** *** ******* in ***** ******** ******** ** ******* line, **** ** **** ******* ** likely **** *****'* ********* ******** **** from ***** ****** *** *** ********.

*****

***** *** ***** ******* ***** ****, going **** ~$**** ** **** ******* to $*.** ** **** *** * CAGR ** ~**%. ***** ** ***** a ****** ******* #* ** ***** Hikvision **** ~**% ** *********'* *******. Like *********, ***** *** **** ********** to **** ***** ******* ************* ******** instead ** ******* ******* ** ******** China ***** *** **** ** ******** their ****** *****.

****

****** *** * "********" ******* ******,**** *** * ******** **** **** focuses ** ******* ******* *** ******* within *** ********. ****** *** ****** *** ************ on ****** *******, ******* ***** ** the ******* ******** **** ** ***** ~$400M ** *** ******** ********, ****** their ******** ******* **** ****** **** many ** ***** ********.

*********

********* ** * *** ** * silent ****** ** *** ********, ****** they **** ***** **% *** ** average ***** ****, ***** **** $*** to $**** ** ****. ** ** OEM/ODM ** **** ****** *********, ********* specializes ** ********** *** ******* *******, "server ********" (*.*.: ******** *******), *** other ********** ** * ****** ** more ****-***** *************, **** ** ****/***** and ********.

*********

**** ****, ********* *** **** * solid ****** ** *** ***-**** ******* market. ******* ***** **** *** ********* brand *** ***** ********, *** ***** revenue *** ******** ******** **** $*** to $*** ** ****, -*% ******. The ********* ******* ****** **** ** the **** ******** ** ****** ** China [**** ** ****** *********], *** in ******* ***** ****** ***** ** performance ***************, ***** *** ********* *********** to ***** ********* ** ****.

****

** *** **** ******* *****, **** has ******* **** ********* *** ******* cameras ***** ** ******** ** ***-**-*** solutions ******** ** ******** ***** ******, primary *** ** ************ *******/*********(***-*** *******),*****(***-******/****-***) ******(******** ********). ***** ****'* $**** ** revenue ****** **** ** *** ***** end ** *** ***** *** ********* covered ** **** ******, **** ** it *** ****** *** ** *** lower-end ********, **** ****** ****** *** through ************.

*******

******* *** ***** ** ~**% **** since ****, ***** **** $*** ** revenue ** ~$**** ** ****. **** is ****** ********** ** ********* ****-*** VMS *************, ***** ** ************** ***** their ***** ******** *** ***** ******** are ***** **** ** ****-**** ***********. Additionally, ***** ***** ** ********* *** very ****** ** ******** ****** ******* agreements, ****** ******* * ****** ********* revenue ******, *** ****** **** *** customer ***** **** **** **** **** the ******* ********.

*********

********* *** ***** ** **% ****, from $*** ** **** ** $**** in ****, ****** **** *** ** the *** ***-******* ***** ********* ** show ***** *********** ** *** ****-**-***-****** environment. ****** *********'* ******** *** ********* unremarkable, *** ******* *** ******** ******** feedback **** *********** ******** **** ****, and *** ************ *********** **** * ***** ************ **** ****** **** ********* ******.

******

******'* $**** ******* ******** ******** **** B2B ***** (*** ****** ******* ******** security ******** ****** *** ******** ****) and *** (*******-******* ******** ******** *******). The *** **** ** *** ****** portion (**%), ** ~$****. ** *** $493M, ~$**** ** ***** ******** *****.

*********

********* ****** *** ******* ***** ** 2011, ********** **** ** **%, *** being ********** ******* ** ***************. ***** then, ********* *** ***** ** ~**% CAGR, ***** **** $**** ** $*,**** ($4.6B). **** ** **** ****** **** from ****** ***** ***** ********* ***** in **** *** **%+ ** ***** sales (~$*.**). *******, *** ******* ** also ********* ************* ** **** ***** branded ************* ********.

****

****' ******* *** **** ********* ** recent *****, ***** **** *******, ** $116M, *** **** ~**% **** ****. The ******* ********** **** ****** ** shifts ** *****, ***** **** *** based *** **** ************* **** **** of ***** ********. ** ****, *** company ***** ****** **** ************* ** ***** ** OEM/ODM ********, ** ******* ***** ***** own *****,******** ******* ** ********* ****** ** gain ***** *********. *******, *** ******* *** *** managed ** ******* ***** ***********, ** even ******* *********, ** *** *** 3+ ***** **** **** **** **** promoting ***** *** *****. ****' ****** is ********* ** **** *****, ****** marketshare ** ***** ******** ******, *** failing ** **** ** ***** ******* sets *** ******* ** *** ********* decline.

************

** **** ************ ****** $*** ** revenue, *** *** **** ** ****** flat ******. **** **** ******* ** $46M, **** **** **** *** **** example ** "****", ******* *** ** a ***** ****** ***** *** ** systems **** *** **** **** ******. Now, ************ ********** ** ***** ******* ** ***** VMS, *** *** ***** ******* **-******** sales ****** ** ***** ******* ** try *** ***** **** ******. *************, IndigoVision ** ** ******* **** *********** companies ** *** ***/***** ****** *** space, **** ******* ***** ***** ******** like ***** *** *********** **** **** make ****** ********* ***********.

********

******** *** ***** **** $*** ** 2010 ** $**** ** ****, * notable **% ****. ******* ****** **** time ************* ***** ********, *** ****** $**** ** **** revenue, ******* ******** *****, *** *** ~$**** ** ******** in ****. **** ********* ***** ************ in, ******* ****** *** *** ******* and *** ************ ** ******** **** this **** ******.

***********

*********** *** **** * ****** ** the ******** *** ******* * ******, and **** **** **** *** ********* products **** ***** ***** ********* ************ ******,** ***** ***** ********, *** *********-********** "**** ****** ***". ******** *** ******* *** ******* primarily ** * **** ******** *** architecture **** ************ ** *** *** * *** interface ******* ** *** **** ****** thick ******. ****** ***********'* ******* ** ***** compared ** **** ** ***** *****, the ******* ****** ** ** ****-****** and **********, ****** **** ********** ******.

*******

** $****, ******* ** * ********** large ************, ****** ************* ** ***** home ****** ** *****.*** ******* ** ********** ** ***** the ** ******, ****** ** ********* ** *********** unhappy ********* ** ******* ****** ***** and *********.

***********

******** ****** **** **** * ****** topic ** ******** ******, *****************'* **** ******* ** ~$***,******** **** *** *** **** *******, or **********, ** **** *****. *** company ** ****** ** ******** ********** investors ** **** **** $*** ** expand ***** ********** *** ***** *** technologies **** ****** ********* ** ***** robots. **** ******** ***** ****** ********* demand, *** ***********'* ******** ** **** non-VC ******* ******* ** ***** ** investors **** ***** **** ****** ** advisors, *** ******* **** ****** ******** to ******** ** *** ******.

*******

** $*** ******* *** ****, ******* is ******* ************. *** ******* ************* controllers *** *** ****** ******* ******, and *** ******* ** **** ******* on **** ********,******* ******* ******** ********** ******* ***** ****** ******* ********. Sources ******** **** *** ******* ****** they *** **** **********, *** ******* comparably ** *** ******* ********.

*********

******* **** $*** ** $**** **** 2010 ** ****, ********* *** ****** 20% ****. ***** *** ******** ** widely ********** ** ** *** ** the **** ******** ******** ** *** industry. ** **** ****, *** ********* like ********* *** ******* **** **** to *** ****** ******, *** ********** camera ****** *** ***** ********* ** justify ********** **** *******, ******* ********** the ********* **** ********, ***** ******** Milestone ** **** ***** ***** *** user **** ****** ***** **** ******* but ******* ****** **** / ************* video **********.

*******

***** **** $**** ** **** ** $73M ** ****, ******* *** *** of *** ******* ******** ** ******* since *** ******** ******, ****** ~*% CAGR **** **** ****. **** ** Mobotix's ******* ** ******* *** ** attributed ** *** ********* ****** ** primarily **** ** * ****** ********, based ****** ***** ***** ***** ****** a **** **** *** ******** ******* to ***** **** ** **** ********* and ********* **** ** *.***. ********, Mobotix *** ***** * *** *** and***** ** **** ** ** **** approach, ** ******* ** ** **** if **** *** ******* ***** ******** market ********.

*****

***** *** $*** ** ***** ** 2011 [**** ** ****** *********], *** grew ** $*** ** ****, ** ~3% **** **** **** **** ******. The ******* *********** ** *********** *** commercial ***** ******** *********** ********, *** was ******* ******* ** ***** ***** ** 2007, ******** * ****** ******** **** provided ** *** ****** *** **** dealers *** *** ******* ******.

****

********* *** ************ **** *** $*** in **** *******, * ***** ******* from ***** **** ** $**.** ** 2013.*** ******* *** ******** ***** ********** with ********* ********* *** ******* ** their ********, **** *********** ***-**** ******* ******** offering ****** ************, **** ** ** a *********** ********. ** ** ******** the ******* *** **** ******** ** compete **** ******-****** ***********, *** ******* unlikely **** *** ****** ***** ****** to ******** ******* **** *****-**** *******.

*******

**** $*** ** ******* *** ************ OpenEye ** * ****** **** **** 1/4 *** ******* ** *********. *** company ********** ******* ** ******* *** recorders ** ***** ****** **** *********, but ** ****** ***** *** ******** the ***** ** ******** ** ******* under ***** *** *****. ** *********** with **** *****,*** ******* *** ******** * *****-***** platform, ***** ** *** ***** ** their *** ********.

*******

**** $*** ** *******, ******* ** smaller **** ***** ***** ***** *************, such ** ***** ** *****, ****** this ** ********* *** ** *** fact **** ********** ***** ******* **** in ******.******** ** ********* ** *** ****, ******* *** *** ********* ** be ****** **** * ****** ********, where **** ***** ****** ***** * very *********** *******, ************ ** ********** with *********'* ***'* ** ******* * low-cost ***-**-*** ********.

*******

*******'* **** ******* *** ******** ** us ** ~$*** ** * ****** close ** *** *******. *** ******* has **** ****** ***** ****, *** during *** ** ************ ** ********** ******** *** ********** from ****** *******. *******,****** ***** **** ***** ***** *** to ** ******* ** ******* *****. *******'* ****** ** **** ****** relatively ****.

*******

**** $**** ** *******,******* ****** ** ** #* ** China *** #* ********. ** **** **** ***** ************, given *** **** **** *** ******* Uniview *** #* ***** **** $*.** in *******, *** *******'* ******** ******** over *** **** ******* *****. **** did **** **% ****** **** ****'* $232M ** *******, ***** ******* ********** to ****** ****** *****, *** **** international *******. ****** ***** ** *****, Uniview *** ********** **** ** ***** US-based **** ******* ** * ***** investor, *********** ******** **** ***** ***** ** Uniview ** * ******* ********** ****. *******'* ******* ************** *** **** as * ********* / ***** ***********, selling ******* *** ******** *** *********** direct ****** *****, ** **** ***** picking ** ********** ********* *** ***** distributors *** **** * ***-**** *******, without ****** ** ******* ******** **** their ********* ** ***** *******.

******

******'* $**** ** *** ***** ****** year **** ***** ******* ****, ** the ******* ***** *** "***** ************" group ** ** ****** ****, ****** parts ** ** ** ***** ********* two ********, ******** ********** *** ***** Intelligence. ** ***** **** ****** ****** splitting *** ***** ************ ***** [**** no ****** *********], ****** ****** *** unit **** *%/*.** ***. ******* *** the ******** ******* ***** ******'* ******* was *********** **** ** ********* ** this *******, ** ****** ***** ********** competition **** ********* **** ******* *** Milestone ** ***** **** *******. ******'* decision ** ******** *** ***** ************ group **** ***** ******** ***** ****** reflects ***** *********** **** **** **** was ******** ** **** *********** ****** in *** ****** *****.

*****

***** **** *****'* ******* *** ****** from $*** ** $***. *** $*** revenue ****** ** **** ***** **** the********** ****** **** ****** ******** **, ** *** ********* had ******** ******* ** **** **** of ~$***, * ******** **** ** ~10% **** ***** *** ******. ** 2014 *** ******* ************** ********* **** ********* ** ***** **** **** ****** *** *******, and **** * ***** *****,********* **** ** *** *** ******. ***** *** ****** ** **** a ***** *************** ** *********** ******** in *** ******, ****** ***** ********* revenue ***** ****** ** ******** ******* a ***** ******* **** *** *******.

*******

******* *** ****** * ********** ***** 13% ****, ***** **** $*** ** 2011 ** $**** ** ****.*** ******* ** **** ******** ** those ******** **** *** *******, *** mostly ******* **** * **** ** exposure. **** ** *******'* ****** ** due ** ***** *** ********, ** they ***** ******** *** * ****** of ***** **** **** ***** ********* in *** ********, ****** **** *** benefit ***** ****** **** ***** *********, alongside ***** ** ***** *** ******* product. ******* *** ****** **** **** among ********* *************, *** ***** ********* growth ** *** *******, ** ***** as **** ** ********* *** ***** continue **** ** *** ****** ***** pressure.

Adding ************* - **** ****

** **** ******* *** *** ******** and *** ***** **** ** ** part ** **** *********, ****** ******* us *** *****: ****@****.***.

*** **** ******* *** **** ******** data *** ******** *************, *** *** also ***** ** ******* **** *** we **** ******/****** *** ******. ** always, *** ******* **** ****** ************.

Comments (12)
PS
Paul Shah
Jun 06, 2017

Fantastic research

UI
Undisclosed Integrator #1
Jun 06, 2017

Very usefull information, just I'believe add country presences and market segment in order to get a best market references

Regards

MM

UI
Undisclosed Integrator #2
Jun 07, 2017

Does anyone have an estimate on DMP?

Avatar
Brian Karas
Jun 07, 2017
IPVM

We are looking into DMP revenue and will update the report if we get reliable data.

Avatar
Brian Karas
Jun 07, 2017
IPVM

[UPDATE]

Hanwha section has been updated based on additional feedback we received:

Hanwha

Hanwha's $574M revenue estimate includes both B2B sales (the Hanwha Techwin products security industry people are familiar with) and B2C (Samsung-branded SmartCam consumer cameras). The B2B unit is the larger portion (86%), at ~$493M. Of the $493M, ~$110M is North American sales.

(1)
Avatar
Ricardo Souza
Jun 08, 2017
Motorola Solutions • IPVMU Certified

Awesome report. Helps to put a lot of things into perspective.

About Hik: Wow...

most sales to china, printing that money to infinity and beyond, almost seems like a...bubble?

those ghost cities are really paying off.

(1)
(1)
Avatar
Brian Karas
Jun 09, 2017
IPVM

[UPDATE]

We were able to get 2016 revenue numbers for Uniview and updated the graphic and data accordingly. Uniview's 2016 revenue was $302M.

 

Avatar
Niall Beazley
Nov 06, 2017

I missed this report. Thank you for it, an interesting document. Why is there no comment from Tyco? VideoEdge or exacqVision? Keep up the good work.

JH
John Honovich
Nov 06, 2017
IPVM

Niall, Tyco (now JCI) does not break out revenue that granularly. 

Before Tyco acquired Exacq, Exacq reported ~$54 million in 2012. Assuming a CAGR of ~15%, that would put them at $100+ million for 2017. I don't know their compounded annual growth rate, I think it's at least 15% but it could be higher, especially assuming higher growth in the 2013 / 2014 / 2015 time frame, etc.

From what we have seen in surveys, VideoEdge is much less commonly used than Exacq. To that end, I would expect VideoEdge revenue to be markedly less than Exacq.

Avatar
Niall Beazley
Nov 06, 2017

Thank you, John.

 

EC
Eric Chi
Mar 20, 2018

Do we have the same research for 2017?

JH
John Honovich
Mar 20, 2018
IPVM

Eric, 2017 numbers are just starting to come out, so we will update later this year when more announcements are made.

A few big companies with 2017 numbers announced:

  • Avigilon: $408 million
  • Axis: ~$1.1 billion
  • Dahua: ~$2.9 billion
  • Hikvision:  ~$6.6 billion