Vivotek Revenue Soars

By: John Honovich, Published on Aug 05, 2019

Vivotek's revenue has soared so far in 2019, growing 45%.

vivotek revenue soars

Inside this note, we examine import records and see who is driving Vivotek's growth and what newest Vivotek customer is just about to come online.

We also contrast Vivotek's growth to other Taiwan video surveillance manufacturers, revealing a noteworthy difference.

*******'* ******* *** ****** so *** ** ****, growing **%.

vivotek revenue soars

****** **** ****, ** examine ****** ******* *** see *** ** ******* Vivotek's ****** *** **** newest ******* ******** ** just ***** ** **** online.

** **** ******** *******'* growth ** ***** ****** video ************ *************, ********* a ********** **********.

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

Executive *******

******* *** ~$*** ******* USD ** **** *** is ** **** ********* to ** ~$*** ******* in ****. ****'* * quite ******** ******** *** video ************ **** **** ~10 ****** ***** ********* doing **** **** ****.

*************, *** *** *** ODM ********* *** ******* are *** ****** ****** providers ****** *** *******. These *** **** **** as **** ****** *** Verkada ******* ***** *** firmware *** ********.

******* **** **** ** boosted ** *** *** customer ********* *** ** adding *** '** ******' so **** *** ** company *** **** ** cameras **** *** *** banned ** *** ** government (****** *** **** *****, ******** ********* **** to ***** **** ** detail).

Importers *********

*****,**** *** ****** / spreadsheet, ** * ********* of *******'* *** ** importers *** *** **** 12 ****** (****** **** to **** ****):

**** ** ***** ** weight, *** ****** *****, and ******* ***** *** their *** ********* ***.

******* **** ************ *** just ****, ***** *** strongly ****** *** ******* sales **** **** **** Verkada ********* **** **** Vivotek's *** ******* ********:

*****, **** ** ***** on ******, *** ****** value. **** **** ****, it **** ********** *******'* rapid ******, ** *** company **** ******* ******* in *** **** * years.

Newest *********

********* *** **** ********** by ******* ******** ** Dahua *** ** ****** OEMing. ***, ********* ** OEMing ******* ***. ***** Honeywell ******** ** *******, our ****** ** ***** ********* ********* ***** ** is ** ***** ********** copy ** *******'*.

** ****** ** *********'* large ******* ****, **** despite ** ***** ******* OEM, **** ****** ** good *** *******'* ********.

Branded ******* ******** *** ******

***** ******* ** ***** well **** *** *** OEM *****, ***** ******* business, ** ***** ** the ***, **** *** seem ** ** ******. While ******* ******** *** Hanwha **** ************ ***** advantage ** *******, *** NDAA, ***. ******* *** not ****** ******** ** funding * ******* **** of *********.

** *** *** ****, it ** * *** confusing, ***** **** ** a ***** *********** *** Vivotek ** ***** *** branded ********. ** *** other, ******* ** ********* doing ***** **** ************* for ****** *** ***** such ********* ****** **** their ********* ** *** compete **** ****.

Taiwan ************* ***** **********

******* ** *******,********* *********** ***** ****** ************* doing ******:

  • ********* ******* ** **** 17.8% ** ** ****
  • ********* ******* ** **** 23% ** ** ****
  • **** ******* ** ** 7.2% ** ** ****, though **** *** **** being **% *** *** first * ****** *** then *** ***** ********* the **** ** ** 2019

********* ** *** *** that **** ********* ** since ********* *** ************ been ** *** ** the ******* ********* ****** be ********* ** ****.

*******

** *** ****** **** we *** ********** ** upswing ** ******* ********* (e.g., ****** *** ******* and ** * ****** extent *********), ******* ** well-positioned. ***** ********* *** unlikely ** **** ** manufacturer ********** *** *** security *******, ******** ** go ** ***** *** Hikvision. *******, *******, **** all **** **** **** switching ** ***** ******** manufacturers *** ******* *** shown ** ********** ** capitalizing ** *** ******* for ***-******* ******* ********.

Comments (39)

Avatar

Abdelhamid Metwally

IPVMU Certified | 08/05/19 05:14pm

**** *** ****** ********* capitalized ** ******* ***** cameras ***** ** ******* companies?

John Honovich

IPVM | In reply to Abdelhamid Metwally | 08/05/19 05:24pm

**** ********. ***** *** be, * ** *** sure. **** **** ** hear, * ****** ** manufacturers *** ** *** process ********* ** ********* OEMs.

*********, * ***** ***** Korea ***** ** **** likely ** ********** ** OEM ***** ***** ******* is ********* ******. ** the ***** ****, ** video ************ ************ *** benefited **** **** ****** Hanwha *** *** ******** heavily ** *** ********* time **** *** ***** backlash *** ********, ****** Hanwha ***** **** ***** own *****, *** ******.

Undisclosed #8

In reply to Abdelhamid Metwally | 08/06/19 10:49pm

* ******* **** *** an *** ******** **** is **** ***** ****.

Undisclosed Integrator #1

08/05/19 06:32pm

* ****** ** *** can ***** * ****** or ******* ****** **** Vivotek ******** ** **** away *** ***********-****?  ****** wanna **** * ******?  I'd *** ** *** I ***'* **** *** to **** **.

John Honovich

IPVM | In reply to Undisclosed Integrator #1 | 08/05/19 06:36pm

******* ******** *** ******** is ********** ********* **** Meraki *** *******. **'* not **** * ***** where **** ***** ** differences ***** **** ***** OEMs. ****, ** ***** services, ****** *** ******* do *** *** *** even ****** ********, *** of **** ** ******* by ****.

Undisclosed #2

In reply to Undisclosed Integrator #1 | 08/05/19 08:44pm

**.*% ******* *** ***** not.

* **** **** **** of ********* **** **** used ******* *** *** manufacturing, *** ******* **** completely *********** ** *** sense **** ***** ******* assisted **** ******** ** the ****** *** ********* the ************* ***** **** no ******* "*******" ********, firmwares, ***. ****. *** could *** *** ******* firmware ** ***** *******-***** devices ******* **** *** could **** ******** ******** on ****.

Undisclosed #3

In reply to Undisclosed #2 | 08/06/19 10:56am

** ******* ********* **** provides *** ****** ******* any *** ******?

Undisclosed #2

In reply to Undisclosed #3 | 08/06/19 12:36pm

**, **** **** ********* ship *** ** * fully ********** ******. **** of *** ************* ******* is ** **** ******** firmware ** ******** ** the *** ********. **** could ************* **** *** a ****** **** ** firmware, ***** ** **** common ** *** ********* phases, **** *** *** customer *** *** **** a ***** ******** ******** yet, *** ***** *********** units *** *******.

*** *** ****** *** camera **** ******* ********** and * ****** **** is ******** ** **** ODM ********, ***** ** the ********'* ****** *** requirements.

Undisclosed #3

In reply to Undisclosed #2 | 08/06/19 04:13pm

** **** ****, ***** the ******** ** *** same *** ***** ***** a ******* ******** ** the *******/****** ***** ****/***.

Undisclosed #2

In reply to Undisclosed #3 | 08/06/19 04:17pm

* **** ** **** how *** **** **** conclusion **** ** ********.

 

Undisclosed #3

In reply to Undisclosed #2 | 08/06/19 05:17pm

*****, * ****'* **** your ****** *********. * mistakenly ******* *** ******** was *** ***** ****. My ***.

Avatar

Anthony Jones

08/05/19 08:22pm

* ***** ***** *** and ****** *** ** South ***** ***** ** starting ** ******* **** the ***.

John Honovich

IPVM | In reply to Anthony Jones | 08/05/19 08:37pm

****'* * **** *******.

* ***** ******'* ** numbers *** **** *** down **%+ **** **** year:

*** *****, **** *** about $** ******* *** last **** (** ** conversion **** *** ** correct) *** *** *** moderately **** ***** ****:

Undisclosed #2

08/05/19 08:46pm

****.

***** *** * "**-******" on *** **** **** outrank *****. * **** no **** *** **** models ***** *** ***** Vivotek ***, *** * have * ******* **** ranking ** ******* ************** of *****'* ******* ******* in ***** ** ***** relative ** * ***** of ****** ******** ******** products ******/******, ** ** local *******.

**** *** ***** *** is ***** ** ** in *** ***** * ride.

Avatar

Matthew Nederlanden

08/06/19 01:11pm

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

John Honovich

IPVM | In reply to Matthew Nederlanden | 08/06/19 01:18pm

******* **** ** ********* *******- "**** ******** ****** Servers. ******." ******** ***** 48 ********* *** *** following ***********:

*********** ** **** ** a ****** *** ************* facility, ******* **** ******* into ** **********-******* ****** contract ************ ** ******* circuit ***** ********** *** later **** * ******* in *** ******** ********* industry. ***** *** ******* is * ****** ****** for *****-***** ******** *** systems **********.

**** ****** *** ****** ******* for ******* ** *** past ****.

*************, ********* ** **** a ******* ******** *** Trenton:

**** ******* ** ***** with ******* *** ********* I ** *** ****. Anyone **** ***********, ****** share.

Undisclosed Manufacturer #7

In reply to John Honovich | 08/06/19 09:56pm

*** ****** **** **** some **** ** ******** with ************ ** **** the ************* *** ********/******* of ***/*** ***** ** staging **** *********? **** look ** ** ******* to ** *** **** of ****.

Undisclosed Manufacturer #4

In reply to Matthew Nederlanden | 08/06/19 01:25pm

**** **** **

*****://***.********.***/*******/*******-**********-***-

*********** ** **** ** a ****** *** ************* facility, ******* **** ******* into ** **********-******* ****** contract ************ ** ******* circuit ***** ********** *** later **** * ******* in *** ******** ********* industry. ***** *** ******* is * ****** ****** for *****-***** ******** *** systems **********.

Undisclosed End User #5

08/06/19 02:04pm

**** ****** *** ******* cameras **** *** **** relabeled?

John Honovich

IPVM | In reply to Undisclosed End User #5 | 08/06/19 02:29pm

****** ** ****** *****-****** and ***** *** **** market ******** ** ***** surveillance ***** ******* ** further.

*******, **** **** **** ****** *** a ****** ** *********** *** **** ****** that ******* ****, *********:

Rob Stayrer

A.S. Security & Surveillance Inc | 08/06/19 02:41pm

******* ******* *** ***********.

Avatar

Chris Lanier

08/06/19 10:47am

****- ****** ******** **** as ** *** *** Vivotek ***** ***** *** firm *** *** ******* US *** * ***** now, *** *** ***** attraction ** ******* *** several ********:

*)  ***** ******* ******* has **** ** **** as ******'*, ********** **+ years *** **** ***** brands **** ********** **** ***** early ***** **** **. ******* has **** ****** ** cameras *** ****** ** years ***. ***** **** in ****** ****** *** their ****** ******* ***** paces.

*) ******* ******* *******- While **** ***** ******** has * ****** ******* these ****, ******* ****** the **** **** * few ***** *** *** as ******* ****** ***** they *** **** ******* advantages **** ******* ****, they **** ****** **** deliberate ** ********** *** brand.

*) ******* ** *** among *** ******** ******* that *** ****** ** sale ********* ***** *****. This ***** ** **** stable ****** ******* (**** profitable) *** **** ********* to *** ******* ************ objective.

** ****'* *****, ******* could ** **** ***** about ***** ****** ********. We ********* **** **** to ** **** *** list ** ********* ** dealers, *** *** **** helps ****** ***** ******** when ******** * ******* manufacturer.

John Honovich

IPVM | In reply to Chris Lanier | 08/06/19 03:51pm

** *******, ******* (*******) needs **** ** *** basics - **** **** on *** ******, **** market ******** ** ******, etc. ****** **** *** sell ** *** ***** they ** **** ******* of ***** ********, *** need ****** *** ***** to **** **** **** of *********.

Avatar

Chris Lanier

In reply to John Honovich | 08/06/19 04:02pm

***% ******* ****!

Undisclosed Integrator #6

In reply to John Honovich | 08/06/19 09:43pm

**** *** ******* ** up ***** ********* ************ very ****.  *******.

John Honovich

IPVM | In reply to Undisclosed Integrator #6 | 08/07/19 12:42am

*** **** ******* ** their ********* ************ ***? I ********* ***** ** would ** ******* *** if **** **** *** done ** **** ****, why ** *** *** time **** ****** ** out?

Undisclosed Integrator #6

In reply to John Honovich | 08/07/19 06:18am

**** **** ******** ** takes **** ********* ** they **** ** *** up **** *** *** names.  **** **** *** quality ** *****, *** philosophy, *** *** **********.  It ** **** ** come *** ** ***** preferred "****** *** ******" conservative ********. 

********** ** *** ****.  Revenue ** *******.  *** not ***?  ** *** or ** ****.  **** like ****** *** *** done ** **** ** all *******.  ** ****** they ***'* **** *** pockets ****** *** *** does ***** ****** ******* Delta, *** **** *** going ** *** ***** foot ******* **** **** force ***** *******.

Undisclosed Integrator #6

In reply to Undisclosed Integrator #6 | 08/08/19 04:14am

******* *** ***** *** Public ********* ** ** Agency ** ******

John Honovich

IPVM | In reply to Undisclosed Integrator #6 | 08/08/19 11:14am

***? ***?

*'** ***** ***** ** this *******, *** *** owner (*** ******* ******* to ** * *** or *** ****** ****) and ******** ** ***** ***** surveillance *** ******** *******:

***** ******* *** *** no ** **** ****** but **** **** *** have *** ********** ** a ****** ****. ** Vivotek's ** **** ** reading ****, ***** ** do * **** *** give **** **** ******* into *** ********, ***.

Undisclosed #2

In reply to John Honovich | 08/08/19 01:21pm

***** ******* *** *** no ** **** ****** but **** **** *** have *** ********** ** a ****** ****.

**'* *****, **'* **** of ** ********** ** weakness ** **** ** strategy. ***'* ***** ******* are * ***** ** C *** * **** players ** ***** ********** industries (**: **** ***** is *** ***** *** find ** *** ******* automotive *******).

*** *** *** * press ******* ** ****? Vivotek ** ******* ********* to *** **** **** they **** ** **** on **** ***** *-*** shop, **** ** ******** industry **********, ** *** their ******* ***?

 

Avatar

Ariel Levy

In reply to John Honovich | 08/07/19 01:17pm

******. ****** **** ****** of **** ******* ****** is * **** *******.

Avatar

Sean Nelson

Nelly's Security | 08/06/19 04:44pm

******** ********** ** ***** perfomance *** ***** **** interface ***** ** ****** in ** *******. ***** very **** *** ****.

Undisclosed Integrator #6

In reply to Sean Nelson | 08/07/19 06:18am

******'* ***** ****, * feel **** ** ** a **** *** ***.

Undisclosed Integrator #11

In reply to Undisclosed Integrator #6 | 08/07/19 07:39pm

******'* ***** ****, * feel **** ** ** a **** *** ***.

**** ** ******* ******* or *********** ** *********?

Undisclosed Integrator #6

In reply to Undisclosed Integrator #11 | 08/07/19 08:08pm

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

Undisclosed #8

08/07/19 02:12am

** *** *** ****, it ** * *** confusing, ***** **** ** a ***** *********** *** Vivotek ** ***** *** branded ********. ** *** other, ******* ** ********* doing ***** **** ************* for ****** *** ***** such ********* ****** **** their ********* ** *** compete **** ****.

**** ** **** ****** OEM ********* ***** * have **** ** **** TW/KR ************* *** ** prevented **** **** ******* their *** ******. **** manufacturing ***** ** *****, many ** *** ** and ** **** **** withered *** **** ******* they **** ** ****** cost-competitive *** *** *** have ***** *********** ** rely **. * **** for ******* **** **** make **** ******* *****. 

Undisclosed Distributor #10

08/07/19 07:17pm

******* **** ** ****** as * ****** **** brand ********** ** * good *********** *** ***** who ******'* ****** ****, Sony, ***.. **'* ****** hard ** ***** **** perception **** *********** ********** of ******* *******, ***********, and *******. *** ****** driven ********* ****'* ******. But ***** *** ** a ****** ** *********** in *** ****** ***** now ** ****** **** if **** ****** **** resources *** **** *** marketing *********.

Avatar

Jeffrey Hinckley

Norris, Inc., S. Portland, ME | 08/08/19 03:32pm

* ***** *** **** for ***** ***** **** value ****, ****** **** only **** **** ***** lenses *********.  **** **** to ***** *.*/*/*/* ** options.  ** ******** *** a ******* **** **** would ***** ** ** switch ** *** ***** with ********** **** ******.  This ** *** ** most ******** *** ***** nowadays.  (* ******* ** is *** **** **** Axis ** ***** ***** series).  *** ** *** view * **** ** any ******** **** * 2.8.  (** **** ******** of ****** ******* **** 2011-2014 ** *** ***** still ******** *****, ****** the ******* ****** ** really *** *** **********, and *** *** ******* with *** ******* ****, which ****** ** ** finally **** ***** ****).

Avatar

Campbell Chang

In reply to Jeffrey Hinckley | 08/13/19 02:21pm

** **** ******** ** FD8134 ******* **** ****-**** in *** ***** ***** chugging *****

**** ***** *** *****'* using *** ******** **** series **** *** ******** year.  * ****** ****** every **** ****** ****** I **** ********* ******* they *** *** * nasty ******** ** *** after ***** * *****.  Worst ** *** *** was *** **** *** bullet.

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

The Fastest Growing Video Surveillance Sales Organization Ever - Verkada on Apr 17, 2019
Verkada has the fastest growing video surveillance sales organization ever. In less than 2 years, they already have more salespeople in the US...
Avigilon Launches 'Renewed Products Program' on Mar 19, 2019
There are lots of 'pre-owned' cars but pre-owned IP cameras? While such programs are common in other industries, in video surveillance, they are...
Avigilon USA Factory Visit Report on Apr 01, 2019
In a building that looks more like corporate offices than a 'factory' and just down the road from suburban housing developments is Avigilon's USA...
Verkada Gets Half Billion Dollar Valuation on Apr 26, 2019
Last week, when we profiled Verkada (The Fastest Growing Video Surveillance Sales Organization Ever - Verkada), we predicted they would raise $40...
Vivotek Talks About Taiwan, China, Bans, AI And Business Development on May 10, 2019
Vivotek, Taiwan's biggest manufacturer by revenue, did not have a booth at Taiwan's Secutech 2019 (which we are covering). However,...
OpenALPR Doubles Prices on Jun 06, 2019
There is no 'race to the bottom' in cloud / AI video surveillance. In May, Verkada increased their prices. Now, OpenALPR is doing the same with a...
Axis Will Not Block Resellers on Jun 10, 2019
While Axis generally has strong favorability amongst integrators, the biggest complaint is their channel model, which results in smaller integrator...
Hikvision USA Giving Free Cameras In Biggest Flash Sale on Jun 26, 2019
Hikvision redefined sales promotions in the US video surveillance market, starting at the end of 2015, with across the board discounts. Now,...
Anixter Resisting Takeover From Competitor, Bidding War Emerges, Wesco Wins on Jan 13, 2020
Mega distributor Anixter is going to be acquired but by whom? Initially, Anixter planned to go private, being bought by a private equity firm....
End User Buying Axis At Prices Better Than Axis Gold on Jan 10, 2020
IPVM recently found an integrator contract with an end-user that guaranteed the end user could buy Axis products at a price / discount better than...

Most Recent Industry Reports

Every VMS Will Become a VSaaS on Feb 21, 2020
VMS is ending. Soon every VMS will be a VSaaS. Competitive dynamics will be redrawn. What does this mean? VMS Historically...
Video Surveillance 101 Course - Last Chance on Feb 20, 2020
This is the last chance to join IPVM's first Video Surveillance 101 course, designed to help those new to the industry to quickly understand the...
Vulnerability Directory For Access Credentials on Feb 20, 2020
Knowing which access credentials are insecure can be difficult to see, especially because most look and feel the same. Even insecure 125 kHz...
AI/Smart Camera Tutorial on Feb 20, 2020
Cameras with video analytics, sometimes called 'Smart' camera or 'AI' cameras, etc. are one of the most promising growth areas of video...
China Manufacturer Suffers Coronavirus Scare on Feb 20, 2020
Uniview suffered a significant health scare last week after one of its employees reported a fever and initially tested positive for coronavirus....
Cheap Camera Problems at Night on Feb 19, 2020
Cheap cameras generally have problems at night, despite the common perception that integrated IR makes cameras mostly the same, according to new...
Milestone Launches Multiple Cloud Solutions on Feb 18, 2020
Milestone is going to the cloud, becoming one of the last prominent VMSes to do so. Milestone is clearly late but how competitive do these new...
Video Surveillance Architecture 101 on Feb 18, 2020
Video surveillance can be designed and deployed in a number of ways. This 101 examines the most common options and architectures used in...
UK Stands Behind Hikvision But Controversy Continues on Feb 18, 2020
Hikvision is exhibiting at a UK government conference for law enforcement, provoking controversy from the press, politicians, and activists due to...
IronYun AI Analytics Tested on Feb 17, 2020
Taiwan startup IronYun has raised tens of millions for its "mission to be the leading Artificial Intelligence, big data video software as a service...

What IPVM Is

The world's leading authority on video surveillance, with 200,000+ visits monthly.

  • Articles on cameras, video analytics, VMS, and trends
  • Tests showing actual performance and problems
  • Courses in surveillance, access control, etc
  • Camera Calculator for designing systems

Dedicated To Independence

We're dedicated to staying independent and objective. We're the only industry source to refuse any and all advertisements, sponsorship, and consulting from manufacturers. Why?