Security 50 list – Which 10 companies will be dominant when it comes to video surveillance?
– At first sight, it might seem surprising that the order of the five best companies in the segment of video surveillance resembles the last year's. However, a detailed analysis of business results, including the income realized, the growth of income in 2017 and 2018 and the gross margin, shows that it can be said with a great amount of certainty that some companies are going to dominate the security industry for as many as the next ten years. The reasons are their strong market presence, partnership ecosystem and remarkably strong technical capacities – it is said on the A&S Adria website.
They add that it is interesting that the top two companies on the list, Hikvision and Dahua, have not suffered at all due to the trade dispute between China and the USA.
– Based on their capitalization and the high demand for security solutions in the local and the global market, Chinese companies have managed to far surpass the competition.
The top 10 producers in the security industry (based on sales revenues in 2018):
1. Hikvision Digital Technology
2. Dahua Technology
3. ASSA ABLOY
4. Bosch Security Systems
5. Axis Communications
6. FLIR Systems
7. Uniview Technologies
8. Allegion
9. Tiandy Technologies
10. IDIS
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