******** Continues Its Leading Position as a Global CCTV and

ahemcurrentNetworking and Communications

Nov 21, 2013 (3 years and 11 months ago)

126 views

******** Continues Its Leading Position as a Global CCTV and
Video Surveillance Market Leader


June
20
, 2013

F
or the second consecutive financial year, ******

has held the top global position
with a dominant market share of 8% of the CCTV and Video Surveillance
Equipment in 2012. This is a
great improvement from last year

s 5.9% in market
share
, according to
a recentreport from IMS Research
-

now part of IHS In
c.
(NYSE: IHS)
.


While maintaining its position as the world's finest DVR supplier for 4 consecutive
years, ****** has also accomplished other notable achievements in the fields of
Network Security Cameras
,

rising to No.3 from last year’s 4th position, and
standing out by gaining 11.1% of the worldwide market share of
megapixel
network security cameras. This noteworthy achievement once again serves as
proof of *******’s continuous efforts to continually offe
r a fuller range of video
surveillance products; moreover the performance in the VMS category highlights
the capability of ******* to be identified as a leading video surveillance solution
provider globally.


Located below is a table illustrating

******

ra
nking
s

and market share in various
cateogaries
(as per report

published by IHS

The World Market for CCTV and Video
Surveillance Equipment


2013 edition
”)





Category

******
Ranking

****

2012 Market Share

CCTV & Video Surveillance Equipment

1

8%

Network Security Cameras

3

9.70%

Megapixel Network Security Cameras

2

11.10%

Analogue Security Cameras

2

7.50%

Security Camera

3

7.80%

DVRs

1

14.20%

Video Encoders

2

6%

VMS

5

3.80%

Network Video Surveillance Equipment

3

7.20%




We are pleased

to see ******** continual dominance in these areas," stated *****,
Vice
President at ********. “We have been able to carve out this excellent market position
,

primarily thanks to our continuous innovation in ********
product
portfolio. This is also an
att
ribute to our continually expanding
sales
channels to various

markets.”


“Our
industry is moving
towa
rds HD IP, which has been
more
-
and
-
more progressively

accepted by

worldwide customers.

A
s a response,
********

is keeping in step with this
trend and seek
ing

new innovations to address ever
-
changing needs. We

ve developed
a
full
-
range of

HD IP product lines,
differing

from entry
-
level
,

to professional
sectors
-

which have
now
been highly acclaimed by our partners and customers worldwide.
T
his is also the
pr
imary
reason that we
continue to benefit from

******

s
annual growth," Polo noted.

*******

is quickly growing in the global market, which we are especially proud of in this
tough financial climate. As a commitment of such,
*******

will always work to stay

ahead
of market needs and listen very carefully to the voice of the market
, as well as
continuing
our sensitivity to the cultures of our customers across the globe.”


According to Principal analyst, Jon Cropley, “During the previous 5 years the world vid
eo
surveillance market has grown at an average rate of over 10% a year. At the same time,
*******

has quickly grown its share of the market. It is estimated to have first become the
world’s largest supplier of video surveillance equipment in 2011 and incre
ased its market
share yet further in 2012.”


About
IHS

report

The
IHS report

The World Market for

CCTV and Video Surveillance Equipment


2013

Edition

presents the sales performance and revenue rankings for all vendors
providing
video surveillance

equipments in 2012.
I
n assessing the economic outlook, the industry
forecast is carried out for the period 2013 to 2017, containing all product
categories

among
various verticals and regions.



###

About *******

*******

Digital Technology Co., Ltd. is one of the world’s leading suppliers of video surveillance
products and solutions. Established in 2001,
********

has grown from a small company with 28
people, into a global enterprise with more than
8,000

employees


inclu
ding
2,800

R&D engineers.
With the largest R&D team in the industry and capability of continuous innovation,
******
s product
offerings include hybrid DVRs, NVRs, standalone DVRs, digital video servers, compression cards, high
-
definition IP cameras, and spe
ed 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
******
’s website at www.hikvision.com.


Headquartered in Hangzhou, China,
*****

ha
s expanded to a global operation with regional branch
offices in the United States, Netherland
s
, Italy
, UK, Singapore, Australia, Brazil, South Africa

and
Dubai; joint ventures in India and Russia; as well as a maintenance center in Hong Kong.


Dynamic

growth and exceptional products have seen
*****

recognized as
a leading global vendor of
CCTV and video surveillance equipment

and listed for
seven
years in a row in Security 50


a market
survey recognizing the top 50 security vendors in the global secur
ity market (No.
5

in 201
2
).
********
is now publicly listed in Shenzhen Stock Exchange with market capitalization of US$
12.1
billion.