HIKVision

This live presentation discussed our new research on the global market for video surveillance in 2025. What was once a market centered on cameras and on-premise recording equipment is evolving into a proactive intelligence infrastructure. The global video surveillance market reached $33.8 billion in 2024 and is forecast to grow to nearly $48 billion by […]

The global video surveillance market is in a new era. Where technology once flowed freely across borders, driven purely by cost and innovation, today’s vendors navigate a fractured landscape carved by geopolitics fault lines. Trade restrictions, procurement mandates, and diverging national security frameworks are no longer peripheral concerns; they are core business drivers reshaping where […]

This Research Note explores the development and financial highlights of Hanwha Vision, formerly known as Hanwha Techwin, a video surveillance company listed on the South Korean stock exchange. This analysis is based on  Hanwha Vision’s Sustainability Report, 2nd July 2025, and Memoori analysis. Hanwha Vision Profile Headquartered in South Korea, Hanwha Techwin entered the video […]

In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd), focusing on their strategic repositioning and business organization, before highlighting their 2024 results. This article is based on an IR presentation, October 2024, Hikvision’s 2024 Annual Report, 19 April 2025, associated press release, and Memoori analysis. See […]

In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd) focusing on their 2023 financial results, 28th April 2024, 2023 Annual Report and Hikvision at a Glance, FY2023. Hikvision is a video surveillance provider founded in 2001 and headquartered in Hangzhou, China. The company employs approximately 40,000 […]

The full capabilities of facial recognition technology are well-known, primarily through its use by the Chinese government, but its use in The West has so far been limited by regulation and public opinion. This winter, however, an operation by the UK’s London Metropolitan Police Force (MET) has implemented facial recognition to make a number of […]

Security and sustainability are two aspects of modern buildings that don’t often overlap. Security evades sustainability by being more important in many respects, protecting people and assets today, while sustainability protects them for the future. However, as the number of video surveillance products in action proliferate rapidly, the environmental cost of such security has become […]

Geopolitical tensions between the United States and China have continued to escalate in recent years, resulting in a series of tit-for-tat legislative actions aimed at restricting access to each other’s markets. These actions have especially impacted the video surveillance market, with the US government banning products from major Chinese manufacturers and Chinese firms developing alternatives […]