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Hikvision to top position in CCTV, Video surveillance market (The News Today (Bangladesh))

by September 8, 2015 Industry

According to the latest report from business information provider IHS Inc. Hikvision has strengthened its position as the world’s leading CCTV and Video Surveillance Equipment company, the fourth year in a row that Hikvision has topped the list. The company’s dominant 16.3% total market share in terms of revenue is up by more than 50% compared with the previous year and more than double its 8% market share of just two years ago.

Hikvision is the world’s largest supplier of video surveillance products and solutions. The company specializes in video surveillance technology, as well as designing and manufacturing a full-line of innovative CCTV and video surveillance products. Excel Technologies is authorised for Bangladesh market science 2013. Key Account Manager of Hikvision Kevin Fang talks to The Daily Observer during his Dhaka visit recently.

The chemise company have a good product line with all kinds of solutions related to the security super vilience. Kevin said, Hikvision is not only the producer of the security devices but also focuses on the A2Z solutions of technology based security super valance.

We have maintaining or operations all over the world, as number that is over 200 countries.” Kevin brings the progress of Bangladesh market for the security technology, said,” We stepped in Bangladesh stretching hand together with Excel Technologies in 2013. In the meantime we have grown gradually and become market leader here within two years that is a good knock for us.

The chemise marketing expert thinks Excel Technologies have contributed their maximum to bring the brand in top of the technology commodity market here.

Kevin said,” Initially we started journey to reach Dhaka market. Now we are very happy to say that we have started joint initiative with Excel technologies to reach the common people outside Dhaka. Hikvision has been working on changing diversity of the technology in camera. Kevin said, HIK is working with all range of products and services related to security.

We used analogue camera in security services which have been digitalized by time. This digitalisation is come through the Hikvision. HIK has patent for the innovation Hikvision not only focuses on enterprise and individual level.

It is working on public service with policy level. The Singapore Safe City is one of the successful city super vilance services from the Chinese technology giant. Hikvision possess the world’s largest RandD team and state-of-art manufacturing facilities; both allow Hikvision’s customers the benefit of world-class products that are designed with cutting-edge technology. As further commitment to its customers, Hikvision annually reinvests 8 per cent of its revenue into RandD for continued product innovation and improvement.

Hikvision operates over 30 domestic branches in China and 16 overseas regional subsidiaries all over the world to achieve a truly global presence. Hikvision is now publicly listed on the Shenzhen Stock Exchange. Kevin said, Hikvision has many notable achievements. One of the biggest sports hub in the world, Chinese Bird’s Nest using security technology of HIK.

Besides we were authorized for the security solutions of World Cup Football in 2014. Singapore Safe City project is the biggest contribution from HIK in bold line. We are very excited to introduce the experience in Singapore in Dhaka through making Dhaka Safe City in Public Private Partnership. Kevin shared their planning to introduce Smart Home services that will help common people to enjoy safe bedroom as well.