Video Intercom Devices Market

Video Intercom Devices Market Size, Share, Growth Analysis, By Device Type(Door Entry Systems, Handheld Devices, Video Baby Monitors), By Access Control(Fingerprint Readers, Password Access, Proximity Cards, Wireless Access), By System(Wired, Wireless), By Technology(Analog, IP-based), By End Use(Automotive, Commercial, Government, Residential), By Regional(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG45H2022 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Video Intercom Devices Market Insights

Market Overview:

The video intercom devices market had a valuation of USD 17.82 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 12.8% from 2019 to 2025. The demand for these devices in the security and surveillance industry is increasing, leading to the market's expansion over the forecast period. These devices are commonly used as audiovisual communication systems at entrances and exits of buildings such as offices, residential societies, and other structures. The devices transmit visual and audio information of a visitor to the user's loudspeakers, telephones, or walkie-talkies. The market participants are expected to benefit from lucrative growth opportunities due to rapid urbanization in various economies. The adoption of video intercom devices in residential and commercial buildings is being driven by increased building automation.

Video Intercom Devices Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Communications Equipment by segment aggregation, the contribution of the Communications Equipment in Technology Hardware & Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Video Intercom Devices was estimated to be valued at US$ XX Mn in 2021.

The Video Intercom Devices Market is estimated to grow at a CAGR of XX% by 2028.

The Video Intercom Devices Market is segmented on the basis of Device Type, Access Control, System, Technology, End Use, Regional.

Based on region, the Video Intercom Devices Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Video Intercom Devices Market are Aiphone Co., Ltd., Alpha Communications, Comelit Group S.P.A., Dahua Technology Co., Ltd., Godrej.Com, Honeywell International Inc., Legrand, Panasonic Corporation, Samsung, Siedle & Sohne OHG.

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Video Intercom Devices Market

Report ID: UCMIG45H2022

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