The global video intercom system market is expected to witness a high CAGR during the forecast period, according to Radiant Insights. Rise in security concerns and development of technology for communication systems is expected to boost the market growth. Video intercom systems are stand-alone and voice-enabled communication systems that are installed in buildings and vehicles. Intercoms can connect with Walkie-talkie, telephones, and other communication systems. The commercial market is expected to have a significant growth throughout the forecast period since the market has undergone various transformation and exhibits a high potential from the user perspective.
Video intercom system market is driven by rise in development of smart homes and technological developments for home automation. In addition, growing security concerns in the residential population is expected to supplement the market growth. Moreover, paradigm shift from doorbells to video intercom systems imparts a significance from the point of view of technological advantage. The concept of home security is gaining a huge momentum in the coming years attributing to rapid construction of houses and apartments. Moreover, video intercom systems holds a huge significance in the security design structure and enables access to video security and centralized monitoring.
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By type, the market has been segmented as video intercom master, indoor units and door station. Intercom master is the leading segment and is mainly driven by high demand for its versatility. Door stations are growing due to the use of technological approach and high-end installations.
By application, the market has been segmented as residential, commercial, and others. Residential is the leading segment owing to increase in concerns for indoor security, particularly in the geriatric population. Video intercom systems are gaining a huge momentum in the commercial segment attributing to the rise in importance for social security.
By region, the market has been segmented as North America, South America, Europe, Asia Pacific, Middle-East and Africa. Asia Pacific is a huge market for video intercom systems owing to high innovation and demand for robust security products. Intercom companies are likely to develop novel solutions owing to the security concerns and producing a high range and quality intercom and surveillance products. The presence of key players with technological advantage is a catalyst for growth in regional market.
Some of the key players in the video intercom system market are Honeywell, CP Plus, Aiphone, TCS, Dahua Technology, COMMAX, Fermax, Entryvue, Guangdong Anjubao, Panasonic and Godrej. Major players are adopting growth strategies such as collaboration and strategic alliances to support business expansion and enhance market position.
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This report provides detailed historical analysis of global market for Video Intercom System from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Video Intercom System market.
Leading players of Video Intercom System including:
• PANASONIC
• Godrej
• Honeywell
• Zicom
• Aiphone
• Eurovigil
• CP Plus
• Samsung
• TCS
• Dahua Technology
• Entryvue
• COMMAX
• Leelen Technology
• Fermax
• Guangdong Anjubao
Market split by Type, can be divided into:
• Door Station
• Video Intercom Master
• Indoor Units
Market split by Application, can be divided into:
• Residential
• Commercial
• Other
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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