Editor, IFSEC Global

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Adam Bannister was Editor of IFSEC Global from 2014 through to November 2019. Adam is also a former Managing Editor at Dynamis Online Media Group.
July 17, 2015

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The Video Surveillance Report 2021

Hikvision Doubles Global Market Share in Just Two Years to Remain World’s Biggest Surveillance Brand

Hikvision has strengthened its hold on the top spot in the latest countdown of the world’s largest surveillance camera manufacturers by research firm IHS.

Now accounting for 16.3% of the global surveillance equipment market the Chinese giant has grown its market share by revenue by 50% year-on-year – up 5.9 percentage points – and doubled its market share in the past two years.

Hikvision, which was founded in 2001, now tops every CCTV/surveillance equipment category including the global network security camera market, leapfrogging Axis Communications with an increase from 13% to 18.9% year on year.

Ranking number two in  the CCTV and video surveillance equipment category for the EMEA market (with a 9.2% share) the company has made serious inroads into overseas markets.

Courtesy of IHS the following table demonstrates the relentless advances made by Hikvision across all surveillance categories over the past two years:

Market Share for IHS Report 2015 IHS Report 2014 IHS Report 2013
Rank Market Share Rank Market Share Rank Market Share
CCTV & Video Surveillance Equipment 1 16.3% 1 10.9% 1 8.0%
Security Cameras 1 17.3% 1 11.9% 3 7.8%
Analogue Security Cameras 1 13.3% 2 10.1% 2 6.2%
Network Security Cameras 1 18.9% 2 13.0% 3 9.7%
Video Encoders 1 13.1% 2 9.5% 2 6.0%
VMS 4 5.8% 3 5.4% 5 3.8%
Hardware NVR’s 1 15.7% 1 6.6% Below 10
DVR’s 1 26.3% 1 16.4% 1 14.2%
Megapixel Network Security Cameras 1 20.6% 2 13.0% 2 11.1%
Network Video Surveillance Equipment 1 16.2% 2 10.4% 3 7.2%

“We are very pleased to see Hikvision’s rankings in CCTV and video surveillance equipment,” said Cynthia Ho, Vice President at Hikvision.

“This is an attribute to our continuous R&D innovation and investment. Importantly, we move forward with the rapidly developing market trends of IP surveillance which benefits us the great achievements in IP product segments.

“We appreciate our customers’ and partners’ support and trust in Hikvision. Looking forward, we will continue to seize every opportunity to meet the market need and keep investing in R&D, offering more benefits and service to our customers.”

Free Download: The Video Surveillance Report 2021

Discover the latest developments in the rapidly-evolving video surveillance sector, directly from the people at its heart. We surveyed over 400 professionals working in the field to bring you the 2021 Video Surveillance Report. Responses come from installers and integrators to consultants and heads of security, as we explore the latest trends in the sector including video analytics; the use of surveillance outside of security operations; cloud-based storage solutions; integration; the impact of COVID-19; the market outlook and more!

Download for FREE to discover top industry insight around the latest innovations in network cameras and video surveillance systems.

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