Hikvision – the world’s leading supplier of video surveillance products and solutions – is proud to announce that IMS Research (recently acquired by IHS – NYSE:IHS) has recently declared Hikvision the No.1 global vendor of CCTV and video surveillance equipment in 2011 (Source: IMS Research’s report “The World Market for CCTV and Video Surveillance Equipment – 2012 Edition”). Of special note, this is an improvement from last year’s 4th place standing.
Additionally, for the 3rd consecutive year – according to IMS Research – Hikvision again remains the No.1 worldwide supplier of DVR products. While in the security camera category, Hikvision is now in the No. 4 global manufacturer position for all surveillance cameras (including both IP-based and analog manufacturers).
“We are pleased with the results of the recent IMS report. This achievement highlights our efforts in the security marketplace and is an affirmation of our ongoing business model,” noted Polo Cai, Vice President of Hikvision, “Furthermore, IP surveillance – which has experienced consistently strong growth over the years – remains a key focus area for Hikvision,” he continued.
As a reflection of this industry trend, Hikvision continues to develop products demanded by the customer and continues their further expansion into this IP surveillance segment of the market. “Choosing Hikvision is an investment in the future. Our customers appreciate the fact that we are the world’s leading supplier of comprehensive video surveillance products
and possess the resources to match their unique market structure and support their current and long-term needs,” Mr. Cai summed up. “In a span of a year, Hikvision soared to become the world’s No.1 CCTV and video surveillance equipment provider, improving from last year’s fourth position. This result confirms their efforts. By following technology trends such as the transition from analogue to network video surveillance, Hikvision has achieved greater market expansion,”noted Gary Wong, senior analyst at IMS Research.
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About Hikvision
Hikvision Digital Technology Co., Ltd. is one of the world’s leading suppliers of video surveillance products and solutions. Established in 2001, Hikvision has grown from a small company with 28 people, into a global enterprise with more than 7,000 employees – including 2,000 R&D engineers. With the largest R&D team in the industry and capability of continuous innovation, Hikvision’s product offerings include hybrid DVRs, NVRs, standalone DVRs, digital video servers, compression cards, highdefinition IP cameras, and speed domes. These products are used in more than 100 countries, and have been used to secure various security applications around the world. For more information, please visit Hikvision’s website at www.hikvision.com. Headquartered in Hangzhou, China, Hikvision has expanded to a global operation with regional branch offices in Los Angeles covering the Americas; Amsterdam covering Europe; Dubai for the Middle East; joint ventures in India and Russia; as well as a maintenance center in Hong Kong. Dynamic growth and exceptional products have seen Hikvision recognized as the No.1 global vendor of CCTV and video surveillance equipment – according to IMS Research’s World Market for CCTV and Video Surveillance Equipment Report 2012, and listed for four years in a row in Security 50 – a market survey recognizing the top 50 security vendors in the global security market (No. 5 in 2011). Hikvision is now publicly listed in Shenzhen Stock Exchange with market capitalization of US$7.3 billion.
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About IMS Research (www.imsresearch.com)
IMS Research, recently acquired by IHS (NYSE: IHS), is a leading supplier of market research and consultancy to over 2500 clients worldwide, including most of the world’s largest technology companies. Established in the UK in 1989, IMS Research now has dedicated analyst teams focused on the factory automation, automotive, communications, computer, consumer, display, financial & ID, LED & lighting, medical, power & energy, solar PV, smart grid and security markets. Currently publishing over 350 different syndicated report titles each year, these in-depth publications are used by major electronics and industrial companies to assess market trends, solve marketing problems, and improve the efficiency of their businesses.