ZKTeco Strengths, Domain Expertise, and Key Differentiators
ZKTeco is a multinational enterprise, that specializes in the manufacture and development of a large variety of solutions, including access control, time attendance, turnstiles and barriers, CCTV, metal detectors, X-Ray inspection, integrated security solutions and embedded biometric and RFID modules. With over 20 years of presence in the global market, it benefits from a highly qualified team of over 3500 employees worldwide with its own manufacturing plants that, together with its R&D and engineering departments, ensures complete inhouse production of all aspects of its hardware, firmware, and software.
ZKTeco Recent Developments
In July 2021 ZKTeco Europe's cloud-based Time Attendance Management Solution, GoTime Cloud, now has a new website and Partner Program. GoTime Cloud website lets you easily manage everything related to your Time and Attendance Management Solution such as purchasing your annual T&A plans, renewals, getting resources, technical support, and the latest news.
Timecube is a Cloud-Based Time Attendance System, by combining time attendance terminals, web application and mobile application (Android & iOS), along with ZKTeco self-developed biometrics technology and years of workforce management experience.
ZKTeco Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ZKTeco applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ZKTeco and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ZKTime.Net, TimeCube, ZkTeco Cloud customers.
Ownership: - x
Number of Employees: 3600
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K576, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
ZKTeco Key Cloud and HCM Applications
ZKTime.Net, TimeCube, ZkTeco Cloud
ZKTeco HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ZKTeco Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
ZKTeco HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
ZKTeco HCM Applications Revenues By Verticals, $M:
ZKTeco Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
ZKTeco Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
ZKTeco Customers - Breakdown by Geo, Size, Vertical and Product
No. of ZKTeco Customers: 10000
No. of ZKTeco HCM Applications Customers: x
No. of ZKTeco Cloud HCM Customers: x
No. of ZKTeco Cloud HCM Subscribers: x
ZKTeco has over 10000 customers, more than 220 million people use ZKTeco products in approximately 180 countries/regions every day.
ZKTeco Market Opportunities, M&A and Geo Expansions
Hardware focus will remain part of its DNA as access control and security systems overshadow workforce management's growing momentum. As one of the pioneers in multibiometric and RFID technology, ZKTeco’s products are present around the world, with over 180 million users worldwide, and continue to grow.
ZKTeco Risks and Challenges
Increased software investment is needed to strengthen its core competency in hardware.
ZKTeco Ecosystem, Partners, Resellers and SI
In October 2021 ZKTeco Europe has partnered with A-SEC, a Spanish security provider as its Authorised Distributor. This distribution agreement focuses on the Spanish and Portuguese market where A-SEC will employ its sales expertise to distribute ZKTeco’s portfolio of CCTV, Time Attendance, and Access Control, satisfying the growing demand for biometric security solutions. The range of products distributed by A-SEC, including video surveillance, access control, and time attendance, represents a perfect showcase for ZKTeco's line of solutions which are designed for easy set-up and installation, making life simpler for installers and integrators. The recent agreement provides A-SEC clients and customers with direct access to ZKTeco products and services. Furthermore, incorporating ZKTeco’s product portfolio delivers the most secure time attendance and biometrics-based Access Control solutions for all size companies, to efficiently manage access to restricted areas.
Primarily direct sales with channel programs. At the start of 2010, ZKTeco, the European Headquarters of ZKTeco was opened in Madrid, to provide European partners and distributors with the best possible services and solutions close at hand. With its own, R&D, technical, financial, sales and warehousing facilities, ZKTeco Europe offers its clients complete support throughout the continent, to broaden horizons, open new markets, and manifest ZKTeco as a leading brand of T&A and Access Control technology in Europe.
ZKTeco Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- ZKTeco Public Cloud and Infrastructure (IaaS)
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- ZKTeco Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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