HIKVision

Memoori’s analysis of the world market for Physical Security products in the first quarter of 2017 shows that demand is buoyant but sadly margins are at an all time low particularly for video surveillance. Growth measured by revenue looks like it will struggle to reach an annual growth of 6% based on results for the […]

Our recent Report on the Physical Security industry identified 9 transactions by venture capital and notable security companies investing some $96.3m into physical security companies. Venture Capitalists have invested an average of $275m per annum in the physical security industry over the previous 4 years, so it’s rather disappointing to see it fall to $96 […]

The brain of the video surveillance camera is the chipsets that integrate the functionality of complex megapixel cameras. Traditional chipset providers, such as Ambarella and Hisilicon, are able to deliver their customers megapixel and sophisticated camera functionality in silicon today. The world’s major producers Intel and Qualcomm are also now taking notice as they see […]

The value of Merger and acquisition deals in the Physical Security Industry in 2016 went into the stratosphere on account of one deal. This deal of $16.5 billion between Johnson Controls and Tyco International will have a very significant impact on the wider Building Internet of Things (BIoT) business. Data we have collected from 2000 […]

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 […]