Hikvision was founded in 2001 by Zhejiang HIK Information Technology Co., Ltd. with the company having a 51% stake and Gong Hongjia a 49% stake. Hikvision made products for the video surveillance market. It devotes 8% of its annual revenue to research and development, with 18,000 employees and 7,181 engineers working for the R&D team by the end of 2015.
Hikvision has been listed on the Shenzhen Stock Exchange since 2010. The company provides surveillance products to the global market via more than "2,400 partners in 155 countries and regions", and has its presence in 18 locations around the world.
In October 2016, the company concluded a deal to use Movidius' computer vision technology.