HIKVision

The world market for Video Surveillance products was $14.98 billion in 2016 and will grow at a CAGR of approximately 6.5% to 2021, when it is forecast to reach $21.48 billion. Product prices have fallen dramatically in the last 18 months and this has reduced revenue growth in 2016 to 4.2% falling from 6.7% in […]

The last two years has seen a slowing down in revenue growth from the world’s video surveillance business, whilst at the same time the supply structure has become unbalanced. Two Chinese companies Hikvivion and Dahua, not regarded as serious competitors by most suppliers only six years ago, now dominate the camera market. The major concern […]

The Video Surveillance manufacturing business with the exception of a minor blip in 2009 has delivered consistent profitable growth over the last decade. This is a great achievement considering the difficult trading conditions brought about by the financial crisis of 2007 and 2008. Fortunately latent demand was there to be exploited by an industry that […]

There are huge “gains to be made when it comes to neural networks and intelligent camera systems”, declared Hu Yangzhong, CEO of Chinese firm Hikvision, last week. Hikvision has struck a deal with US machine vision firm Movidius to bring greater levels of machine learning to their video surveillance cameras. Through the deal, Hikvision’s next […]

The last two years has seen a slowing down in revenue growth of the world’s video surveillance business, whilst at the same time the supply structure has become unbalanced as two Chinese companies that were only formed relatively recently (and not even regarded as serious competitors by most suppliers only six years ago), are now […]

Our recent article “Are Western Manufacturers of Video Surveillance Cameras Ready for Commoditization?”, explained why we think Western companies are running out of options in meeting the Chinese “Video Surveillance threat” and that unless they find a quick solution many will struggle over the next five years. The two major Chinese manufacturers Dahua and Hikvision […]

Our next annual report on the Physical Security Industry due to be published late in the 3rd Quarter of 2016 will show that western manufacturers of video surveillance cameras are not only rapidly losing market share in their home markets to the major Chinese manufacturers but also cannot penetrate China, which is the largest single […]

The Video Surveillance industry has long forecast that HIKVision the world’s largest manufacturer would make its first major deal in North America; Its largest market outside China its home market. However on Friday, with more than $1.5 billion to spend it buys Pyronix a $30 million revenue (2014 Figures) Intruder Alarm business based in the […]