Semiconductor

Hangzhou HikVision Digital Technology Co., Ltd

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Hangzhou HikVision Digital Technology Co., Ltd - Semiconductor showcase

Year Founded & Workforce

2009-12-31

34,392 Employees

Industry

Semiconductor

Services

H

Hangzhou HikVision Digital Technology Co., Ltd Overview

Company Global Headquarters: China

Founded: 2010

Workforce: ~34,392

Company Overview: Hangzhou HikVision Digital Technology Co., Ltd (HikVision) is a manufacturer and provider of video-centered IoT solutions, providing intelligent business, security, and big data services to its customers globally. The company is a major supplier of video surveillance products and solutions in China with the Chinese government being the major shareholder. The company has a diverse marketing network comprising 28 overseas regional subsidiaries and 35 branches across China. The company provides customized and professional solutions to meet diverse market requirements. The products offered by HikVision include network cameras, thermal cameras, analog cameras, PTZ, network video recorders, hybrid video recorders, and digital video recorders. The company offers solutions for various industry verticals like banking & finance, hotel, parking, retail, mobile transport, and traffic. In addition to the video surveillance industry, the company has extended its business to smart home tech, automotive electronics and industrial automation, based on the video intelligence technology for sustainable long-term development. The company mainly operates in China and offers its products in more than 150 countries.

Strategy

HikVision focuses on research and development and annually invests 7–8 % of its total annual sales revenue in research and development for product innovation. The company focuses on partnerships for improving its global presence. HikVision also focuses on increasing its investments in the project-based market. The company makes sustainable development through long-term talent training and incentive systems. The company innovates the video technology based on the user’s demands to sustain in the global Video surveillance market.

Company Snapshot

$2.77M

Revenue

34,392

Employees

2009-12-31

Founded

SWOT Analysis

Strengths

  • Diversified product portfolio
  • Strong marketing network
  • Strong research and development
  • Wide geographic presence

Weaknesses

  • Intellectual property rights infringements
  • Risk of cyber-security threats

Opportunities

  • Smart home technology
  • Intelligent Video Surveillance Systems
  • AI Cloud Platforms

Threats

  • Government regulations in various countries.
  • Intense competition
  • Foreign currency exchange rate fluctuations

Key Developments

DateApproachDevelopment
Hikvision launched Turbo HD X series of security cameras that have in-built detectors to capture infrared light emitted by human bodies to detect a potential intruder. It’s a unified system that links front-end devices to back-end devices and remote applications. Turbo HD X has also reduced the number of false alarms due to the intelligent false alarm reduction technology.
Hikvision announced a partnership deal with Corinthians—a Sao-Paulo-based football club. A three-year deal will allow Hikvision to provide security solution such as DarkFighter cameras that deliver bright and fully-colored images in minimum light, AI-powered facial recognition cameras and Automatic Number Plate Recognition cameras, for the maintenance and expansion of Arena Corinthians’ security system
Hikvision launched a new addition to its Turbo HD 4.0 camera with PIR technology. This camera can produce a high-quality image in low light using ultra low light technology. This camera can be useful for private residences and outside smaller retail outlets

Product Offering

  • Hangzhou HikVision Digital Technology Co., Ltd
    • Cameras
    • Video Recorders
    • Video Management
    • Video Intercom

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Hangzhou HikVision Digital Technology Co., Ltd as part of our ongoing coverage of the Semiconductor sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hangzhou HikVision Digital Technology Co., Ltd

Starting from
$4,950