Building on the company’s incredible year-on-year growth, and underlining the global level of support for its range of security surveillance products, Hikvision, a supplier of video surveillance products and solutions, has announced that it has again achieved No.1 position in a recent IHS Markit report, based on 2016 data, with a dominant market share of 21.4% for CCTV and Video Surveillance Equipment worldwide, rising from last year’s 19.5%.
Hot off the press, IHS Markit, a provider of critical information, analytics, and solutions, also reported that Hikvision technology ranks in the No.1 position for 2016 global market share in the categories of Security Cameras (24.2%), Analogue +HD CCTV Security Cameras (23.9%), Network Security Cameras (25.6%), and Recorders (25.3%). Moreover, the company is continuing its leading position in the EMEA market, with 14.9% market share for CCTV and Video Surveillance Equipment, and achieved an 8.5% market share equating to the No.2 position for the Americas market.
