Video Intercom Devices Market - By Device Type (Door Entry Systems, Handheld Devices, Video Baby Monitors), By Access Control, By System (Wired, Wireless), By Technology (Analog, IP-based), By End-use & Forecast, 2024 - 2032

Video Intercom Devices Market Size

Video Intercom Devices Market was valued at USD 23.62 billion in 2023 and is anticipated to grow at a CAGR of over 13% between 2024 and 2032.
 

The market for video intercom devices is growing quickly owing to the rising use of smart home technology and increased security concerns. These gadgets improve security in commercial, industrial, and residential settings by facilitating visual communication and access control among users. With the addition of cutting-edge capabilities, such as wireless networking, high-definition video, and support for mobile apps, video intercoms have become increasingly appealing to both businesses and consumers. The market is expected to grow further as smart cities and increased urbanization propel the need for video intercoms in contemporary building management systems. Furthermore, the functionality and user experience of these gadgets are being improved by technological breakthroughs including enhanced user interfaces and the integration of Artificial Intelligence (AI) for facial recognition.
 

Technological developments in wireless communication have significantly impacted the market for video intercoms. Wi-Fi, 4G, and soon-to-be 5G networks are examples of contemporary wireless technologies that make it easier and more dependable for intercom systems and linked devices to communicate with one another. These developments improve the functionality and user experience of video intercom systems by enabling real-time monitoring, instantaneous communication, and high-definition video transmission. Furthermore, since less substantial wiring is required, installation is easier and more versatile with wireless systems. These technologies will spur innovation and market uptake in the video intercom industry as they develop further, providing more effective and adaptable security systems.
 

One of the biggest obstacles facing the market for video intercom systems is the high initial installation and maintenance costs. Advanced system installations can be expensive due to the need for specialist equipment, expert installation, and connection with the current home infrastructure. Long-term expenses may include possible repairs, software upgrades, and continuing maintenance. Despite the growing need for improved home security and smart home technologies, these cost obstacles may discourage homeowners, particularly in budget-conscious groups, from using complete video intercom solutions, which could hinder market growth.
 

Video Intercom Devices Market Trends

A notable trend in the market for video intercom devices is their integration with larger smart home ecosystems. Consumers seek all-inclusive security solutions that work well with other smart devices such as door locks, cameras, and home automation systems. This integration improves convenience and control by enabling users to monitor and control their home security through a single interface, typically a smartphone app. For instance, in January 2023, Ring released its intelligent video intercoms, which are integrated with Google Assistant and Amazon Alexa. With the ability to provide voice-controlled access and monitoring, this advancement makes linked home security systems more convenient for tech-savvy homeowners.
 

Another key trend in the video intercom devices industry is the incorporation of AI and Machine Learning (ML) technologies. These advancements enable smarter and more efficient security solutions such as facial recognition, behavior analysis, and predictive analytics. AI-powered intercoms can identify known visitors, detect unusual activities, and alert homeowners in real time, significantly enhancing security. For instance, in October 2023, Hikvision launched AI-integrated video intercoms capable of distinguishing between humans and pets, reducing false alarms, and providing more accurate surveillance, thus driving market growth and consumer interest in cutting-edge security technologies.
 

Video Intercom Devices Market Analysis

Based on device type, the market is divided into door entry systems, handheld devices, and video baby monitors. The door entry system segment dominates the market and is expected to reach over 37 billion by 2032.
 

• Solutions for managing and controlling access to buildings are the focus of the door entry system market segment. These systems combine audio communication capabilities and camera-equipped door stations with video intercoms. They improve convenience and security by facilitating two-way communication and visual identification between residents and guests.
   
• These devices offer the ability to control entry remotely through mobile apps, seamless connection with smart home systems, and cutting-edge security features such as motion detection and night vision. By guaranteeing efficiency and safety, these systems meet the growing need for reliable access control solutions in residential and commercial settings.
   

Based on end use, the market is divided into automotive, commercial, government, residential, and others. The commercial segment is the fastest growing, with a CAGR of over 14% between 2024 and 2032.
 

• Specializing in advanced solutions for communication, security, and access control, the commercial section of the video intercom devices market serves enterprises and commercial properties. These systems combine audio communication features and high-definition cameras in door stations with video intercoms. With features, such as biometric authentication, card access systems, or remote unlocking via mobile applications, they enable smooth visitor control.
   
• Commercial video intercom systems have several advantages such as better operational efficiency with centralized administration platforms, increased security with real-time monitoring, and interaction with current building automation systems for all-encompassing control. They offer features that may be customized to meet unique business requirements and are expandable to accommodate the demands of multi-tenant buildings, large corporate campuses, and small businesses.
   

North America dominated the global video intercom devices market in 2023, accounting for a share of over 33%. The market for video intercom devices in the U.S. is distinguished by an increasing focus on building and home security solutions. There is a noticeable need for sophisticated video intercom systems due to growing safety concerns and increased usage of smart homes. These systems offer capabilities, such as real-time monitoring through mobile apps and remote access control, and they interface with smart home ecosystems. Technological developments, strict security laws, and a need for integrated, user-friendly solutions that improve residential and commercial property management are some main motivators.
 

China's market for video intercom devices is growing quickly due to rising security requirements and urbanization trends. The increasing popularity of smart home technologies has increased the demand for integrated security solutions with remote access and monitoring features. Manufacturers are focused on creating cutting-edge systems that serve the home and business markets, utilizing advancements in AI and cloud computing to improve usability and functionality.
 

Japan's market for video intercom devices stands out due to its emphasis on cutting-edge technology and intricate engineering. Japanese manufacturers take the lead in creating high-definition video intercoms with cutting-edge technologies, such as facial recognition and remote monitoring via mobile apps, with a focus on home and business security. Growing urbanization, strict security regulations, and a culture that prioritizes efficiency and safety in both residential and professional settings are driving the market's expansion.
 

The market for video intercom devices in South Korea is driven by technological advancements and an advanced consumer electronics environment. Enterprises utilize the country’s robust R&D resources to launch state-of-the-art video intercom systems. These systems include features, such as voice command controls and AI-enhanced security functionalities, and they connect smoothly with smart home ecosystems. Rapid urbanization increased smart technology adoption among consumers, and an emphasis on improving security measures for homes and businesses are driving the market's expansion.
 

Video Intercom Devices Market Share

Aiphone Corporation. and Honeywell International Inc. holds a significant share of over 7% in the video intercom devices industry. Aiphone Corporation is renowned for its expertise in video intercom devices, offering a wide range of solutions for residential, commercial, and industrial applications. The company provides reliable and innovative products that enhance security and communication, featuring advanced audio and video capabilities. Aiphone's systems are designed to integrate seamlessly with various building management systems, providing efficient access control and monitoring solutions.
 

Honeywell International Inc. is a global leader in diversified technologies including video intercom devices for residential and commercial sectors. Known for its comprehensive security solutions, Honeywell offers advanced intercom systems that incorporate cutting-edge technology such as facial recognition and cloud-based monitoring. These systems are designed to enhance user convenience, safety, and operational efficiency, aligning with Honeywell's commitment to delivering integrated, intelligent solutions for modern security challenges.
 

Video Intercom Devices Market Companies

Major players operating in the video intercom devices industry are:

• Aiphone Corporation
• Comelit Group S.p.A.
• Fermax Electronica S.A.U.
• Honeywell International Inc.
• Panasonic Corporation
• Ring (an Amazon company)
• Samsung Electronics.
   

Video Intercom Devices Industry News

• In November 2023, Samsung Electronics released its latest video intercom device series, equipped with 4K resolution cameras and AI-powered facial recognition capabilities. These systems are designed to provide seamless integration with Samsung's smart home ecosystem, offering users enhanced security and ease of use. The launch underscored Samsung's dedication to advancing home security technologies and meeting the evolving needs of modern homeowners for reliable and intelligent access control solutions.
   
• In July 2023, Fermax Electronica S.A.U. introduced a series of IP-based video intercom systems designed for high-rise residential buildings. These systems feature HD video quality and integration with smart home platforms, offering residents enhanced security and convenience. The launch aligns with Fermax's commitment to innovation in urban living solutions, addressing the growing demand for advanced access control and communication technologies in urban environments.:

The video intercom devices market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments:

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Market, By Device type

• Door entry systems
• Handheld devices
• Video baby monitors

Market, By Access control

• Fingerprint readers
• Password access
• Proximity cards
• Wireless access

Market, By System

• Wired
• Wireless

Market, By Technology

• Analog
• IP-based

Market, By End Use

• Automotive
• Commercial
• Government
• Residential
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA