Hikvision tops Global CCTV and Video Surveillance Market

For the third consecutive year, Hikvision has been ranked as the world’s largest CCTV and Video Surveillance Equipment provider in 2013 with a dominant 10.9 percent market share. This is up by more than a third, from eight percent in 2012, according to the latest report from IHS Inc.

In a year of significant achievements, Hikvision maintained or gained position in every market segment. Its most striking success was becoming the top Hardware NVR manufacturer from not being in the top ten in 2012. In addition, Hikvision maintained its position as global DVR leader for the fifth consecutive year, gained two places to become the world’s Number One supplier of security cameras with an 11.9 percent market share, and raised one place to be Number Two in network security cameras with a 13 percent share of the market. As for the VMS category, it achieved third having risen from Fifth place in 2012.

“This outstanding performance across the board serves, once again, to prove Hikvision’s continuing dedication to innovation and excellence in all aspects of video surveillance products. It’s also evidence of the success of Hikvision’s international marketing strategy and in-depth local customer services,” says Polo Cai, Vice President at Hikvision.

“As the global CCTV market continues to move towards HD as the de facto standard, Hikvision has brought forward a full range of HD IP products, including the family of easy-to-use IP solution and Smart IP solution, that has been highly acclaimed by our partners and customers since its introduction to the market. Hikvision is growing very quickly in all segments, continuing to outperform the market as a whole, and this is also testament to our expanding sales channels and loyalty of our customers,” continued Polo. 

Free Download: The Video Surveillance Report 2023

Discover the latest developments in the rapidly-evolving video surveillance sector by downloading the 2023 Video Surveillance Report. Over 500 responses to our survey, which come from integrators to consultants and heads of security, inform our analysis of the latest trends including AI, the state of the video surveillance market, uptake of the cloud, and the wider economic and geopolitical events impacting the sector!

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

Download The Video Surveillance Report