Global Video Intercom Devices Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Forecast to 2029
“Global Video Intercom Devices Market” is the title of a report that is in the process of study and analysis at MarketResearch.biz. The report comprises various aspects and scenarios are considered along with current and future scenarios. The report also includes verified data and information gathered from experts in the industry. Accuracy of the report is ensured by investing in exhaustive primary and secondary efforts. Gathered and analyzed data is validated using paid sources. In addition, the report provides insights into major trends, restraints, growth factors, Y-O-Y growth, and future forecast & opportunities. Various opportunities for potential revenue generation in untapped markets are also highlighted in the report. Company details, recent developments, effective strategies, acquisitions, and mergers, etc. are provided in the profiles of key players. The video intercom devices market is segmented on the basis of device type, access control, system, technology, end-use, and region.
Intercom devices are central components related to communication and security, in both private and public domains. One among some of the major factors driving growth of the intercom devices market is increasing concerns of individuals for home security and increasing incidence of crime rates. Video intercom devices are used to manage calls made at the entrance of buildings. Video intercom devices operate on video streaming concept, but in real time. Various technological advancements in video intercom devices have been resulting in more enhanced security and safety in residential, commercial, and industrial buildings. A video intercom device consists of a camera, push-button, and speaker. The internal monitor unit of the system communicates with the unit at the entrance in case of any security threats. Some video intercom devices have multiple internal video monitors. Due to the difficulty in sending video using airwaves without interruption, most units available in the market are usually wired. Video intercom is also known as video door entry or video door-phone. Video intercom devices are widely used, especially in residential, recreational, and educational sectors, and in the government departments and divisions.
A major factor driving growth of the global video intercom device market is the changes and advancements in hardware and software. Emergence of advanced technologies such as edge-based video surveillance, which offer high-resolution imaging at low costs, is expected to drive growth of the market during the forecast period. However, mismanagement of basic network security can result in hackers potentially gaining access to the front door. Another major factor driving growth of the global intercom video device market is the growing need for advanced video intercom accessories in both commercial and residential buildings. A significant shift from audio to video intercom devices is attributed to increasing automation and rising inclination among consumers towards portable video intercom equipment. Among other factors driving growth of the global video intercom market are introduction of low-cost video intercom devices by companies in China, and relatively lower cost of products being offered. Due to the introduction of cellular communication and digital telephone systems, the use of intercom has been declining. However, numerous applications are available where intercom devices work better than any other.
Global Video Intercom Devices Market Segment Analysis:
Device Type: Among the device type segments, the door entry systems segment accounts for highest revenue share currently, and is expected to continue its dominance over the forecast period. This is attributed to wide usage of video intercom devices in security departments of residential and commercial buildings.
Access Control: Among the access control segments, the fingerprint readers segment accounts for highest revenue share currently, and is expected to continue its dominance during the forecast period.
System: Among the system segments, the wired segment is projected to continue to account for highest revenue share, and is expected to maintain its dominance over the forecast period, which is attributed to interruptions while sending videos using wireless systems.
Global Video Intercom Devices Market Regional Analysis:
The North America video intercom devices market is projected to continue to maintain its dominance in terms of significantly high revenue share, and is expected to continue its dominance over the forecast period. Growth of the market in the region is attributed to increasing spending on security systems and home automation industry.
Global Video Intercom Devices Market Segmentation:
By Device Type:
- Door Entry Systems
- Handheld Devices
- Video Baby Monitors
By access Control:
- Fingerprint Readers
- Password Access
- Proximity Cards
- Wireless Access
By End Use:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Iphone Co. Ltd.
- Alpha Communications
- Comelit Group S.P.A.
- Dahua Technology Co. Ltd.
- Honeywell International Inc.
- Panasonic Corporation
- Siedle & Sohne OHG
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