From the statistics of the sales revenue of the top 50 listed companies in the field of physical security in 2023, it can be seen that the top 50 companies in the world this year show a positive trend. The top 10 companies – namely Hikvision, Dahua Technology, ASSA ABLOY, Motorola Solutions, Axis, Allegion, Tiandi Weiye, Hanwha, TKH (Intelligent Vision System) and AIPHONE – all saw year-over-year revenue growth in 2023, ranging from single digits to small double digits. Hikvision and Dahua remain the world’s No. 1 and No. 2 security companies, with sales revenue of $9.31 billion and $4.32 billion, respectively, in 2023.
A new face has appeared on this year’s list: GWELLTIMES. It is a Shenzhen-based manufacturer of smart cameras, smart doorbells, and smart floodlights. Not only that, but this year there are also companies that have returned to the Global Security 50, namely TKH (Intelligent Vision Systems), Dinecke, Zhongwei Century and Sparsh CCTV.
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